Reiterated

California Regulators Stand By PG&E Fine

Safety staff at the California Public Utilities Commission (CPUC) last week reiterated its rationale for a proposed $2.25 billion penalty against Pacific Gas and Electric Co. (PG&E) arising from the natural gas pipeline explosion two years ago in San Bruno (see NGI, May 13).

June 10, 2013

CPUC Staff Insists that PG&E Deserves $2.25B Pipeline Fine

Safety staff at the California Public Utilities Commission (CPUC) on Wednesday reiterated their rationale for a proposed $2.25 billion penalty against Pacific Gas and Electric Co. (PG&E) in a reply to the utility’s recent filing in the CPUC penalty consideration cases arising out of a natural gas transmission pipeline rupture and explosion in San Bruno, south of San Francisco (see Daily GPI, May 7).

June 7, 2013
Colorado County Extends Drilling Permit Moratorium

Colorado County Extends Drilling Permit Moratorium

Saying they needed more time to implement new oil and natural gas drilling regulations, elected officials in Boulder County, CO, have extended for four months a drilling permit moratorium to June 10.

January 30, 2013

Eaglebine Purchase, IPO Planned by Texas Producer

Energy & Exploration Partners Inc. on Monday said in a filing with U.S. regulators that it intended to raise up to $275 million through an initial public offering (IPO) of its common stock. In conjunction with the filing, the producer said it had agreed to buy acreage in the Eaglebine formation of Texas from Chesapeake Energy Corp. for $125 million.

September 13, 2012

BLM Lease Sale Completed in New Mexico, Dakotas

The federal Bureau of Land Management (BLM) announced the results of Tuesday and Wednesday lease sales in the Dakotas and New Mexico. They brought in nearly $29 million combined: $3.3 million from the Dakotas and $25.6 million from New Mexico.

July 23, 2012

Federal Frack Rules Moving Forward, Says Salazar

Interior Secretary Kenneth Salazar reiterated Tuesday that the Obama administration is continuing to develop draft rules for hydraulic fracturing (fracking) in drilling operations, which he said would not slow the natural gas and oil boom.

April 9, 2012

Revoking Oil, Gas Subsidies Vote Just Weeks Away, Obama Says

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

Obama: Revoking Oil, Gas Subsidies Vote Only Weeks Away

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama last Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

Obama Says Vote On Terminating Oil, Gas Subsidies Is Weeks Away

Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.

March 5, 2012

MDU Ties Growth to Bakken ‘Home Field’ Advantage

Bismarck, ND-based MDU Resources Group Inc. senior executives on Thursday reiterated that they intend to exploit their home field advantage in all lines of their business by digging deeply into the Bakken Shale play’s continuing robust growth. And they talked bullishly about prospects this year despite reporting earnings that were down slightly quarter over quarter and year over year in 2011.

February 6, 2012
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