Barclays Bank plc and a quartet of its traders manipulated the electricity markets in and around California for a two-year period beginning in 2006 and should be assessed an “unprecedented” penalty under the Federal Power Act, according to a filing by FERC staff.
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FERC Staff Backs Record Penalty for Alleged Market Manipulation
Barclays Bank plc and a quartet of its traders manipulated the electricity markets in and around California for a two-year period beginning in 2006 and should be assessed an “unprecedented” penalty under the Federal Power Act, according to a filing by FERC staff.
BP’s Nova Scotia Deepwater Bid Highest Ever
A unit of BP plc has captured a quartet of deepwater exploration blocks offshore Nova Scotia, with record bids totaling more than C$1.049 billion, according to the Nova Scotia Offshore Petroleum Board (CNSOPB). Shell Canada Ltd. won four offshore leases with offers totaling more than C$31.85 million.
BP Captures Nova Scotia Deepwater with Highest-Ever Bids
A unit of BP plc has captured a quartet of deepwater exploration blocks offshore Nova Scotia, with record bids totaling more than C$1.049 billion, according to the Nova Scotia Offshore Petroleum Board (CNSOPB). Shell Canada Ltd. won four offshore leases with offers totaling more than C$31.85 million.
Senate Energy Panel Quizzes BLM Nominee on Fracking Rule
A quartet of nominees for positions at FERC, the Energy Information Administration (EIA) and the Interior Department appeared before the Senate Energy and Natural Resources Committee Tuesday to answer questions about hydraulic fracturing (fracking) and other issues as part of their confirmation process.
Producer Quartet Makes Deep-Water Discovery
Pioneer Natural Resources Co. of Dallas, Mariner Energy ofHouston, CNG Producing of New Orleans and Westport Oil and Gasparticipated in a deep-water Gulf of Mexico discovery on theDevil’s Tower Prospect in Mississippi Canyon 773, about 140 milessoutheast of New Orleans in 5,610 feet of water. A Pioneerspokesperson said the partners agreed to not disclose the type ofhydrocarbons discovered.
Producer Quartet Makes Deep-Water Discovery
Pioneer Natural Resources Co. of Dallas, Mariner Energy Inc. ofHouston, CNG Producing Co. of New Orleans and Westport Oil and GasCo. participated in a deep-water Gulf of Mexico discovery on theDevil’s Tower Prospect in Mississippi Canyon 773, about 140 milessoutheast of New Orleans in 5,610 feet of water. A Pioneerspokesperson said the partners agreed to not disclose the type ofhydrocarbons discovered.