The Department of Justice (DOJ) reportedly is investigating whether JPMorgan Chase & Co. has manipulated U.S. energy markets, but neither the department nor the company will comment on the reports.
Articles from Scrutiny
In the midst of mostly stable U.S. natural gas prices and a steady boom in domestic supplies, utility gas hedging programs have come under increasing scrutiny, with regulators and consumer advocates questioning the overall costs of hedging in recent years.
California regulators are facing increased scrutiny on their response to stepping up natural gas pipeline safety oversight following a 2010 explosion in San Bruno on a Pacific Gas and Electric Co. (PG&E) line.
Colorado drillers may face more scrutiny about emissions from their oil and natural operations under regulations being pondered by the state’s Department of Public Health and Environment (CDPHE).
Under increasing scrutiny since the San Bruno natural gas transmission rupture and explosion two years ago, Pacific Gas and Electric Co. (PG&E) on Thursday announced its use of advanced pipeline leak-detection equipment.
While TransCanada Corp.’s Keystone XL oil pipeline has become controversial in general interest news media and politics, Enbridge Inc.’s. under-the-radar oil pipeline cutting through the nation’s midsection from Illinois to Houston-Port Arthur, TX, has the opposite image. The contrast drew general news media interest over the weekend.
Wyoming’s state oil/gas supervisor found himself Wednesday cross ways with Gov. Matt Mead regarding the continuing multi-governmental scrutiny of the federal Environmental Protection Agency’s (EPA) two test water wells in natural gas fields near Pavillion, WY. EPA initially identified a possible link between hydraulic fracturing (fracking) and local drinking water contamination.
Chesapeake Energy Corp.’s stock price may have reached its bottom, an energy analyst said Friday. However, things may heat up in the coming days after activist shareholder Carl Icahn revealed late Friday that his firm now owns a 7.6% stake in the company — and he wants four board members replaced.
Chesapeake Energy Corp., which is facing scrutiny from the U.S. Securities and Exchange Commission (SEC) and the Internal Revenue Service (IRS), on Tuesday stripped company co-founder Aubrey K. McClendon of his role as chairman of the board of directors and terminated the Founder Well Participation Program (FWPP).
As another result of the heightened scrutiny prompted by the San Bruno natural gas pipeline explosion, a new California regulatory unit has identified 17 potential hazards as part of a new statewide database on gas system hazards.