An attorney representing D&L Energy Inc. says the company will vigorously pursue its appeal before the Ohio Oil and Gas Commission, calling the Ohio Department of Natural Resources’ (ODNR) decision to shut down the company “a gross violation of due process.”
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Texas Town, Residents Suing Over Barnett Midstream Emissions
The town of DISH, TX, and some of its residents are suing several midstream energy companies, claiming that noise and pollution from nearby natural gas compression and related facilities have eroded property values and hindered economic development in the town of about 200 residents, which is named after a satellite television service provider.
Panel: Prosecute Market Manipulation, Not Speculation
Manipulation of energy markets does occur and should be vigorously prosecuted, but investigators must not cross the line from manipulation into restricting speculation, according to several panelists who spoke at a meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Washington, DC, last Tuesday.
Panel: Prosecute Market Manipulation, Not Speculation
Manipulation of energy markets does occur and should be vigorously prosecuted, but investigators must not cross the line from manipulation into restricting speculation, according to several panelists who spoke at a meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Washington, DC, on Tuesday.
Kinder Morgan Defends Record in California Oil Spill Case
Houston-based Kinder Morgan Energy Partners LP vigorously defended its operating and environmental records in the wake of cutting a deal with the California attorney general’s office over a diesel fuel spill involving one of its pipeline operating subsidiaries. Since the incident last April, Kinder has replaced the multi-fuel pipeline in a $90 million investment in its northern California operations.
NM Governor, Attorney General to Fight BLM on Otero Mesa
New Mexico Gov. Bill Richardson and the state’s Attorney General Patricia Madrid announced last Monday they will vigorously continue to oppose the U.S. Bureau of Land Management (BLM’s) decision to open parts of the Otero Mesa to oil/natural gas leasing. They said BLM is ignoring the state’s alternatives and appeal of the decision.
NM Governor, AG to Fight BLM on Otero Mesa Oil/Gas Leasing
New Mexico Gov. Bill Richardson and the state’s Attorney General Patricia Madrid announced Monday they will vigorously continue to oppose the U.S. Bureau of Land Management (BLM) decision to open parts of the Otero Mesa to oil/natural gas leasing. They said BLM is ignoring the state’s alternatives and appeal of the decision.
S&P: States Expected to Assert Themselves in Regulated Operations
State regulatory commissions are expected to assert themselves “more vigorously” in the years to come regarding the operations and finances of U.S. electric utilities, according to a report published Thursday by Standard & Poor’s Ratings Services (S&P).
Former Dynegy Controller Claims Illegal Accounting Suggested
Dynegy Inc. last week said it would “vigorously contest” allegations by a former executive that he was fired for refusing to manipulate the company’s profits and losses in the third quarter of 2000. Bradley Farnsworth, former controller, filed the lawsuit Friday, claiming COO Steve Bergstrom asked him to engage in illegal practices involving natural gas trades in the United Kingdom. The lawsuit does not allege that Dynegy actually manipulated the books, and apparently, Farnsworth does not know if Dynegy had done so.
Dynegy Disputes Charges of Former Controller
Dynegy Inc. said Monday that it plans to “vigorously contest” allegations by a former executive that he was fired for refusing to manipulate the company’s profits and losses in the third quarter of 2000. Bradley Farnsworth, former controller, filed the lawsuit Friday, claiming COO Steve Bergstrom asked him to engage in illegal practices involving natural gas trades in the United Kingdom. The lawsuit does not allege that Dynegy actually manipulated the books, and apparently, Farnsworth does not know if Dynegy had done so.