More transparency and connectivity could help Mexico’s natural gas market achieve its full potential, according to some of the largest pipeline operators serving the country. NGI’s Christopher Lenton, senior editor for Mexico and Latin America, discussed these goals with executives from Fermaca, Engie SA and Enbridge Inc. during a panel Thursday at Industry Exchange LLC’s…
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Mexico Looks to Price Transparency in NatGas Market Evolution
As Mexico’s natural gas market continues to evolve, next year will see the beginning of transaction data reporting to the government. Eventually, trading hubs are expected to emerge, and a financial market should come into being to complement physical trading, according to the head of the regulatory unit of Mexico’s Comision Reguladora de Energia (CRE).
Marcellus Shale Coalition Issues Best Practices for Water Testing
The Marcellus Shale Coalition (MSC) on Tuesday released a Recommended Practice (RP) for pre-drill water supply surveys, the third in a series of shale development recommendations by the industry-backed organization. The latest RP is intended to ensure that homeowners’ water is properly tested prior to oil and gas development in their areas.
Noble Energy, Stone Energy Agree to More Risk Disclosures
Noble Energy Inc. and Stone Energy Corp. have agreed to make additional disclosures of how they are managing the risks associated with hydraulic fracturing (fracking), an investment manager organization said Thursday.
‘Challenging’ Volcker Rule Advances
Moving the ball forward on instituting new rules to govern how Wall Street does business in order to lower risk, promote transparency and protect the American public, federal regulators last week advanced the so-called Volcker Rule, which is part of the larger Dodd-Frank Wall Street Reform and Consumer Protection Act.
Federal Regulators Advance ‘Challenging’ Volcker Rule
Moving the ball forward on instituting new rules to govern how Wall Street does business in order to lower risk, promote transparency and protect the American public, federal regulators this week have advanced the so-called Volcker Rule, which is part of the larger Dodd-Frank Wall Street Reform and Consumer Protection Act.
Capitol Hill Joins in Aftershocks of PG&E Pipeline Blast
While a California congresswoman from the San Bruno, CA, area was proposing legislation addressing safety and transparency for natural gas transmission pipelines, U.S. senators representing the state last Tuesday speculated that the natural gas pipeline explosion last month would have been far less of a disaster if the Pacific Gas and Electric (PG&E) line had automatic shutoff valves.
House Poised to Pass Bill Overhauling Financial Regulatory System
The House was poised to vote out possibly as early as Wednesday evening legislation calling for sweeping financial regulatory reforms, including regulation and transparency of the over-the-counter (OTC) derivatives market for the first time. Passage of the bill in the Senate, however, wasn’t expected to be as easy.
FERC Expands Intrastate, Hinshaw Pipe Rules
In an effort to further improve price transparency in natural gas markets, FERC last Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually.
FERC Expands Reporting Requirements for Intrastate, Hinshaw Pipelines
In an effort to further improve price transparency in natural gas markets, FERC Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually. A pipeline is deemed a Hinshaw line if the interstate gas its transports is received and consumed within the boundary of the same state.