Securities

The Securities and Exchange Commission (SEC) “recently began serving” subpoenas on producers active in natural gas shale development, according to Baird Equity Research, which cited an “attorney advertisement” issued by Houston law firm Fulbright & Jaworski as its source.

Two issues — rising oil prices and regulatory changes — were selected as the biggest threats to the oil and gas industry, according to BDO USA LLP, which referenced U.S. Securities and Exchange Commission (SEC) 10-K filings for the 100 largest exploration and production (E&P) companies in the U.S. for a new report on industry risks.

Two issues — rising oil and gas prices and regulatory changes — were selected as the biggest threats to the oil and gas industry, according to BDO USA LLP, which referenced U.S. Securities and Exchange Commission (SEC) 10-K filings for the 100 largest exploration and production (E&P) companies in the U.S. for a new report on industry risks.

BP plc disclosed in a quarterly filing with the Securities and Exchange Commission (SEC) last week that the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) are investigating “several BP entities regarding trading in the next-day natural gas market at the Houston Ship Channel during October and November 2008.”

BP plc disclosed in a quarterly filing with the Securities and Exchange Commission (SEC) that the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) are investigating “several BP entities regarding trading in the next-day natural gas market at the Houston Ship Channel during October and November 2008.”

Seal Beach, CA-based Clean Energy Fuels Corp. has made two deals to expand its market reach nationally, entering a securities purchase agreement to acquire fueling technology provider Wyoming Northstar Inc. for $10.9 million in cash, and through a subsidiary inking an agreement with a New Jersey-based alternative fuel vehicle manufacturer, Clean Vehicle Solutions LLC, to provide compressed natural gas (CNG) systems for the small vehicle makers’ products.

Seal Beach, CA-based Clean Energy Fuels Corp. announced Wednesday that it has entered a securities purchase agreement to acquire fueling technology provider Wyoming Northstar Inc. for $10.9 million in cash.

The staff of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) will hold a public roundtable on Friday (Dec. 10) to discuss issues related to capital and margin requirements for swap dealers, security-based swap dealers, major swap participants and major security-based swap participants.

The Commodity Futures Trading Commission (CFTC) Wednesday narrowly voted out a much-anticipated joint proposal with the Securities and Exchange Commission (SEC) defining “swap dealers” and “major swap participants.”