The Commodity Futures Trading Commission (CFTC) is expected to release within a few weeks a new and improved rule aimed at restricting excessive speculation in the swaps market, said CFTC Commissioner Bart Chilton last Wednesday.
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CFTC Soon to Issue ‘Bullet-Proof” Rule on Speculative Limits
The Commodity Futures Trading Commission (CFTC) is expected to release within a few weeks a new and improved rule to restrict excessive speculation in the swaps market, said CFTC Commissioner Bart Chilton Wednesday.
May 2, 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
Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene
An Ohio judge has upheld a class action lawsuit against a Utica Shale driller, a decision that could release hundreds of landowners from undeveloped oil and natural gas lease agreements.
February 28, 2013
Battle for SandRidge Board of Directors Renewed
The war of words between Oklahoma City-based SandRidge Energy Inc. and hedge fund TPG-Axon Capital, one of the exploration and production (E&P) company’s largest investors, was renewed this week, with both sides appealing to SandRidge shareholders for support.
February 21, 2013
Gulfport Gas Output Up, Oily Production Falls
Gulfport Energy Corp., which released its 4Q2012 and full-year operations results on Wednesday, reported strong natural gas growth in the onshore, with falling oil and natural gas liquids (NGL) output.
February 8, 2013
U.S. Delay Postpones Nexen-CNOOC Closing for 30 Days
Nexen Inc. and CNOOC Ltd. have pushed back by 30 days the completion of the Canadian company’s C$15.1 billion takeover by the arm of state-controlled China National Offshore Oil Co.
January 29, 2013
EIA Sees U.S. NatGas Production Growing Through 2040
In the early release of its Annual Energy Outlook for 2013 (AEO2013), the Energy Information Administration (EIA) projects that natural gas production will continue to grow during the entire forecast period, with the industry increasingly serving the industrial and electric power sectors, as well as an expanding export market.
December 6, 2012
North Dakota Primed to Address Gas Flaring
Following the release earlier this year of a report on alternative technologies for using flared natural gas, the Energy and Environmental Research Center (EERC) in North Dakota is set to launch a bi-fuel (natural gas/diesel) drilling rig power source in a demonstration project starting early next year, the center’s associate director told NGI’s Shale Daily Thursday.
December 3, 2012
Carrizo Inks Another Niobrara JV
Carrizo Oil & Gas Inc. is forming a joint venture (JV) in the Niobrara formation with Haimo Oil & Gas LLC, a unit of China’s Lanzhou Haimo Technologies Co. Ltd. Separately, the company announced third quarter production growth for oil, condensate and natural gas liquids (NGL).
October 26, 2012
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