FERC has approved NET Mexico Pipeline Partners LLC’s request to build border-crossing facilities to export natural gas from the United States to meet growing demand in the power generation market in northern Mexico.
Articles from Regulatory
A proposal before congress aimed at capturing a greater share of the revenues from offshore oil and natural gas drilling for the coastal states could increase the federal debt by more than $49 billion by 2040 while penalizing coastal states that oppose expanded offshore drilling, according to areport by the Center for American Progress (CAP).
U.S. exploration and production (E&P) operators have begun to disclose some of the risks involved with their development efforts, but overall, they continue to do a poor job of communicating how they manage toxic chemicals, water, waste, air emissions and community impacts, according to shareholder advocates.
Pacific Gas and Electric Co. (PG&E) senior executives admitted Wednesday that the utility has dropped the ball in keeping state regulators informed of its efforts to upgrade the safety of its natural gas pipeline network. But they argued that at no time has the system’s safety been compromised.
In what has become a public relations — and financial — concern, California regulatory staff on Tuesday slapped Pacific Gas and Electric Co. with an $8.1 million citation for allegedly failing to meet federal requirements in inspecting part of its natural gas transmission pipeline system earlier this year.
An interim state legislative task force in Wyoming has directed staff to compile a report for two committees assessing the prospects for the state attempting to take back federally managed public lands, possibly following a tack Utah took last year. Any federal-to-state transfer of land control would be applauded by the oil and natural gas industry as drilling permits historically have taken exponentially longer to receive from the federal government.
Commodity Futures Trading Commissioner (CFTC) Bart Chilton, a major proponent of speculative position limits, announced that Tuesday’s meeting will be his last at the agency.
Just days after withdrawing its appeal of a federal court decision that tossed a controversial final rule aimed at limiting speculative trading in the swaps markets, the Commodity Futures Trading Commission (CFTC) on Tuesday voted to propose new rules in place of the discarded position limits rule.