Requiring

Con Ed Projecting Gas Conversions to Grow 3.5% through 2017

Consolidated Edison Co. (Con Ed) of New York is projecting natural gas demand from utility conversions will grow 3.5% through 2017, requiring substantial new pipeline capacity to be up and running, according to the director of the utility’s gas supply.

May 17, 2012

Oilfield Services Business Next Financial Windfall for Chesapeake?

Chesapeake Energy Corp., which has used a variety of savvy financial means to raise money for exploring and developing its vast unconventional portfolio in the United States, is preparing to launch its diverse onshore oilfield services unit through an initial public offering (IPO), a separate company that would continue to be closely tied to its main customer, the Oklahoma City-based producer.

April 18, 2012

Eagle Ford Midstream Assets Sold; Expansion Planned

San Antonio-based Howard Energy Partners said Thursday it will acquire the Eagle Ford Escondido Gathering System, which is partially owned by Laredo Energy, and the Cuervo Creek Gathering System from Meritage Midstream Services. Both systems are primarily 12- 16-inch diameter high-pressure gas pipelines. The transaction is expected to close in April.

March 16, 2012

CFTC Reinstates Rule for Registration of CPOs, CPAs

The Commodity Futures Trading Commission (CFTC) Thursday finalized amendments requiring commodity pool operators (CPO) and commodity trading advisors (CTA) to bring their swaps activities under the agency’s oversight. They will be required to register with the Commission, giving their customers the benefit of the protections of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

February 13, 2012

CFTC Reinstates Registration Rule for CPOs, CPAs

The Commodity Futures Trading Commission (CFTC) last Thursday finalized amendments requiring commodity pool operators (CPO) and commodity trading advisers (CTA) to bring their swaps activities under the agency’s oversight. They will be required to register with the Commission, giving their customers the benefit of the protections of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

February 13, 2012

Spectra Announces Marcellus Projects as Delay Threatens Another

In Appalachia, gas from the Marcellus Shale is pushing out in all directions. Producer demand for takeaway capacity is great, prompting Spectra to announce this week its Northeast Expansion Transmission (NEXT) project to serve markets in Eastern Canada and its Algonquin Incremental Market (AIM) project to meet New England demand with gas from Pennsylvania.

January 20, 2012

NEB Reaffirms Relief Well Policy for Arctic Offshore Drilling

Companies drilling in the Canadian Arctic Offshore must abide by the country’s policy requiring capability to stop a spill quickly by drilling a relief well in the same season that a blowout occurs, or demonstrate how they would meet or exceed the intended outcome of that policy, according to filing requirements issued Thursday by the National Energy Board (NEB).

December 19, 2011

NEB Reaffirms Relief Well Policy for Arctic Drilling

Companies drilling in the Canadian Arctic Offshore must abide by the country’s policy requiring capability to stop a spill quickly by drilling a relief well in the same season that a blowout occurs, or demonstrate how they would meet or exceed the intended outcome of that policy, according to filing requirements issued Thursday by the National Energy Board (NEB).

December 19, 2011

Reporting of Physical Commodity Swaps to CFTC Begins

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight has issued a letter requiring market participants to comply with the new large trader reporting system for physical commodity swaps and swaptions.

November 21, 2011

Court Vacates FERC Intrastate Posting Order

A federal appeals court in New Orleans has vacated FERC orders requiring major intrastate pipelines to post operational information on their websites, saying the agency had exceeded the scope of its authority.

October 31, 2011