Regulation

Producers will save up to C$170 million (US$160 million) due to the first step alone in a planned series of reforms to Alberta natural gas and oilfield regulation, the provincial energy department predicts.

Producers will save up to C$170 million (US$160 million) due to the first step alone in a planned series of reforms to Alberta natural gas and oilfield regulation, the provincial energy department predicts.

Federal regulation of the well stimulation technique known as hydraulic fracturing (hydrofracing) would hamstring the oil and natural gas industry and likely would force the U.S. to import natural gas from foreign sources, Rep. Jim Sensenbrenner (R-WI) told the head of the Environmental Protection Agency (EPA) last Wednesday.

Federal regulation of the well stimulation technique known as hydraulic fracturing (hydrofracing) would hamstring the oil and natural gas industry and likely would force the U.S. to import natural gas from foreign sources, Rep. Jim Sensenbrenner (R-WI) told the head of the Environmental Protection Agency (EPA) Wednesday.

The Senate Agriculture Committee Wednesday voted out amended legislation that would bring regulation for the first time to the $600 trillion opaque over-the-counter (OTC) derivatives market (see Daily GPI, April 21).

The Senate Agriculture Committee Wednesday voted out amended legislation that would bring regulation for the first time to the $600 trillion opaque over-the-counter (OTC) derivatives market (see Daily GPI, April 21).

Delay has spread into drilling from notoriously slow pipeline regulation in the Canadian Arctic, holding up long-range exploration and production (E&P) development planning.

The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.

The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.