The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to the Federal Energy Regulatory Commission and Adam Sieminski to head the Energy Information Administration (EIA).
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Pension Fund Wants Chesapeake Board Members Out
Chesapeake Energy Corp. shareholders are being urged by the manager of a group of New York City pension funds to vote against the only two board members up for reelection this year for failing to monitor financial activities of CEO Aubrey McClendon.
Vote Chesapeake Board Members Out, Says NYC Comptroller
Chesapeake Energy Corp. shareholders were urged in a letter sent Thursday by the New York City comptroller to vote against the only two board members up for reelection in June. Meanwhile, the board on Friday adopted a compensation arrangement for outside directors that reduces compensation by 20% and eliminates personal travel on aircraft in which the company has a stake.
Vermont Lawmakers Call for Ban, Reports on Fracking
Lawmakers in the Vermont House of Representatives were to vote Friday on a bill that would ban hydraulic fracturing (fracking) in the Green Mountain State and require regulators with the state Agency of Natural Resources (ANR) to submit a report by 2015 on the best ways to regulate the practice.
Industry Brief
Colorado lawmakers have passed HB 1258 by a vote of 95-3. The legislation would make it easier for retail outlets to provide natural gas, propane and electric vehicle fueling. The bill, which was sent to Gov. John Hickenlooper, who is expected to sign it in May, would allow retailers to sell the three alternative vehicle fuels without Colorado Public Utilities Commission (PUC) scrutiny. Electric vehicle recharging and liquefied natural gas fueling fell under PUC oversight; however, the other two fuels (compressed natural gas and propane) did not.
Oklahoma Lawmakers OK $150M Driller Rebate
A vote by an Oklahoma Senate panel to refund $150 million of an estimated $294 million in tax breaks denied to oil and gas drillers over the past two years is “counter productive” to the state’s efforts to improve its economy, according to the Oklahoma Independent Petroleum Association (OIPA).
Oklahoma Lawmakers Approve $150M Rebate for Drillers
A vote by an Oklahoma Senate panel to refund $150 million of an estimated $294 million in tax breaks denied to oil and gas drillers over the past two years is “counter productive” to the state’s efforts to improve its economy, according to the Oklahoma Independent Petroleum Association (OIPA).
House Ag Panel Bills Adjust Dodd-Frank
The House Agriculture Committee last Wednesday approved by voice vote six bills that would slightly alter and clarify some controversial points in the Dodd-Frank Wall Street Reform and Consumer Protection Act.
House Ag Panel Bills Adjust Dodd-Frank
The House Agriculture Committee Wednesday approved by voice vote six bills that would slightly alter and clarify some controversial points in the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Colorado City Told Fracking Ban Not Possible
Officials from one of two Colorado cities to halt hydraulic fracturing (fracking) within its boundaries, Commerce City, heard from a panel of experts that a permanent ban against the oil/gas industry drilling technology is not possible, and besides, the state already closely regulates the practice.