Whose

Those whose toast is buttered by higher domestic gas prices have been watching growing liquefied natural gas (LNG) supply with unease. However, fear of a flood of LNG imports might be misplaced as demand weakness is not universal across Asian markets and Europe is experiencing demand growth, according to analysts at Barclays Capital.

Helmerich & Payne Inc. (H&P), whose drilling business is concentrated in the U.S. onshore, said 23 rig contracts were terminated early in just the past month.

Former Enron Corp. CEO Jeffrey Skilling, whose 2006 convictions were upheld by a three-judge appellate panel earlier this month, has appealed the decision to the full U.S. Court of Appeals for the Fifth Circuit.

Commissioner Bart Chilton of the Commodity Futures Trading Commission (CFTC), whose name is being tossed about as possible CFTC chairman in the incoming Obama administration, says he agrees that the agency should move aggressively to oversee clearing of credit default swaps (CDS), a form of insurance against the default of debt securities, which have contributed to the tumult in the credit markets.

Chesapeake Energy Corp., whose stock price has been pummeled in the last couple of months, caught a break on Thursday after it landed a fresh line of credit for a new midstream spin-off and after the market responded positively to rumors that BP plc, already a joint partner, may be eyeing some of its natural gas assets.

Exploration and production companies are looking to the Marcellus Shale and seeing dollar signs; so are Pennsylvania landowners whose acreage sits atop the shale and its gas reserves.

Exploration and production companies are looking to the Marcellus Shale and seeing dollar signs; so are Pennsylvania landowners whose acreage sits atop the shale and its gas reserves.

Four senators whose states have been proposed as sites for controversial liquefied natural gas (LNG) projects introduced legislation Monday to repeal a provision in the Energy Policy Act of 2005 (EPAct) that gave FERC exclusive authority to site onshore LNG terminals.

The Fifth U.S. Circuit Court of Appeals is considering an appeal by former Enron Corp. CEO Jeffrey Skilling, whose legal team last week argued that “egregious” conduct by the Enron Task Force should force dismissal of the 19 criminal counts against him or allow him a new trial.