Freeport-McMoRan Merger with Plains Advancing

A Delaware court on Thursday refused to block the $6.9 billion merger of Plains Exploration & Production Co. with Freeport-McMoRan Copper & Gold Inc., clearing the way for Plains shareholders to vote on the proposal May 20.

May 13, 2013

Cash Makes Small Gain; Futures Record Small Loss

Cash prices overall averaged a 7-cent gain in Wednesday’s trading as punishing cold refused to release its grip on Midwest and eastern energy markets. If oversized gains in New England are omitted, however, the increase falls to just above 3 cents.

March 21, 2013

Pennsylvania County Judge Refuses to Step Aside in Range Lawsuit

A county judge in Pennsylvania has refused to remove himself from presiding over a lawsuit filed by Range Resources Corp., stating that he can remain objective in the case despite his wife’s activities with an environmental group opposed to hydraulic fracturing (fracking).

March 20, 2013

TransCanada Denied Horn River Pipe Permit, For Now

Canada’s National Energy Board (NEB) has refused to let TransCanada Corp. grab an early lead in building new pipelines for shale gas in northern British Columbia (BC) by rejecting immediate construction of a jumbo link to the main drilling target, the Horn River Basin.

February 4, 2013

Industry Briefs

The U.S. Court of Appeals for the Third Circuit has refused to reconsider its decision to throw out a ban on oil and natural gas drilling in the Allegheny National Forest. Judge Jane Richards Roth denied a petition for panel rehearing and rehearing en banc that was requested by the Sierra Club, the Allegheny Defense Project (ADF) and Forest Service Employees for Environmental Ethics, which are appellants in the case Minard Run Oil Company v. United States Forest Service et al. (Case No. 1-09-CV-125, Appeals Docket No. 10-2332). Last September the appeals court’s three-judge panel ruled that the U.S. Forest Service could not refuse to give operators permission to drill in the forest while an environmental impact study was being conducted (see NGI, Sept. 26, 2011).

January 9, 2012

Appeals Court Refuses to Reconsider Allegheny Forest Ruling

A federal appeals court has refused to reconsider its decision to throw out a ban on oil and natural gas drilling in the Allegheny National Forest.

January 6, 2012

New Brunswick Legislators Use ‘Free Vote’ to Back Shale Gas

A nonbinding “free vote” to support responsible gas development in the emerging Frederick Brook Shale in New Brunswick passed the Legislative Assembly along party lines Tuesday (Dec. 12), erasing fears that support for shale gas could be cracking among the governing Progressive Conservatives.

December 12, 2011

New Brunswick Opposition Calls For Frack Panel, Public Hearings

The leader of the political party that currently represents the opposition in New Brunswick is calling on the government to form a bipartisan committee on shale gas development and hydraulic fracturing (fracking) in the emerging Frederick Brook Shale.

November 29, 2011

Group: Climate Goals, Water at Risk in British Columbia

A nonprofit environmental group recommends British Columbia keep a close eye on the shale gas industry, warning that expanding development in the Montney and Horn River shale plays could hamper the province’s goals of reducing greenhouse gas (GHG) emissions and put stress on water sources.

September 19, 2011

Louisiana Horizontal Well Owners Dodge Tax Bullet

An initiative to tax the horizontal segments of natural gas wells was stopped in its tracks by Louisiana House and Senate committees Monday when lawmakers refused to go along with the idea promoted by the Louisiana Tax Commission.

March 16, 2011
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