A judge in Delaware’s Court of Chancery has indicated that he will rule by March 6 on a request by El Paso Corp. shareholders to block a vote on the company’s sale to Kinder Morgan Inc. (KMI). Meanwhile, a deal to sell El Paso’s exploration unit to a private equity group was consummated Friday (see related story).
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Judge Considers Plea to Block Vote on Kinder Morgan, El Paso Deal
A judge in Delaware’s Court of Chancery has indicated that he will rule by March 6 on a request by El Paso Corp. shareholders to block a vote on the company’s sale to Kinder Morgan Inc. (KMI).
North Dakota Proposes Drilling Waste, Fracking Rules
Proposed rule changes for handling drilling waste products and hydraulic fracturing (fracking) were approved Tuesday by the North Dakota Industrial Commission. They drew an immediate negative reaction from the North Dakota Petroleum Council, which claimed the changes would add up to $300,000 of added costs/well.
Texas Senate OKs Frack Fluid Disclosure
The Texas Senate Wednesday evening unanimously passed legislation to require disclosure of the contents of hydraulic fracturing (fracking) fluid, “breaking ground that no other state has done,” according to state Sen. Troy Fraser (R-Horseshoe Bay). However, a floor amendment could thwart the bill’s progress.
Outgoing Pennsylvania Regulator Says Marcellus Prompted Big Changes
Energy regulators must operate independently of both industry and environmental groups, led only by facts and the rule of law, said Pennsylvania Department of Environmental Protection (DEP) Secretary John Hanger, who leaves office this month after a tenure of more than two years during which activity in the state’s Marcellus Shale mushroomed.
Hanger: Marcellus Growth Prompted Changes at DEP
Energy regulators must operate independently of both industry and environmental groups, led only by facts and the rule of law, said Pennsylvania Department of Environmental Protection (DEP) Secretary John Hanger, who leaves office this month after a tenure of more than two years during which activity in the state’s Marcellus Shale mushroomed.
Hanger: Marcellus Growth Prompted Changes at DEP
Energy regulators must operate independently of both industry and environmental groups, led only by facts and the rule of law, said Pennsylvania Department of Environmental Protection (DEP) Secretary John Hanger, who leaves office this month after a tenure of more than two years during which activity in the state’s Marcellus Shale mushroomed.
Futures Group Calls CFTC Anti-Disruptive Proposal ‘Overly Vague’
The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.
Futures Group Calls CFTC Anti-Disruptive Proposal ‘Overly Vague’
The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.
CFTC Drops Proposed Rule on Position Limits
The Commodity Futures Trading Commission (CFTC) said on Tuesday it has formally withdrawn the proposed rule on position limits for certain energy commodities that it issued last January, clearing the way for broader curbs on speculation for all commodities under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law last month.