Regulatory

Senate Democrats Urge SEC to Impose More Transparency About Possible Offshore Drilling Threats

Twelve Senate Democrats on Tuesday called on the Securities and Exchange Commission (SEC) to require more transparency from exploration and production companies concerning “real and potential threats” that offshore oil and natural gas drilling poses.

August 18, 2015

Canada’s NEB OKs Two East Coast LNG Exporters

Canada’s National Energy Board (NEB) last week granted import/export licenses to two liquefied natural gas (LNG) terminal projects. Separately, backers of Goldboro LNG and Bear Head LNG received approvals to send liquefied U.S. and Canadian gas to world markets.

August 17, 2015

Legislative Reforms For CPUC Urged at Hearing on Ex Parte Scandal

The California Public Utilities Commission (CPUC) on Wednesday held an unprecedented public hearing on reforming the five-member regulatory panel’s inner workings, but much of the feedback it received pointed toward proposed legislative reforms.

August 14, 2015

Fifteen States Ask Federal Court to Postpone Clean Power Plan Deadlines

Fifteen states — led by West Virginia and including several oil and gas heavyweights — have filed an emergency petition in federal court, urging it to postpone the deadlines set forth earlier this month by the Obama administration’s Clean Power Plan (CPP).

August 14, 2015

PG&E Pays $300M San Bruno Pipeline Fine

San Francisco-based Pacific Gas and Electric Co. (PG&E) said Friday it has paid a $300 million fine assessed by the California Public Utilities Commission (CPUC) for the combination utility’s complicity in the 2010 San Bruno natural gas transmission pipeline rupture and explosion that killed eight people.

August 14, 2015

Lake Charles LNG Gets Favorable Final EIS

FERC staff issued a favorable final environmental impact statement (EIS) for the Lake Charles Liquefaction Project proposed by Trunkline Gas Co. LLC, Lake Charles LNG Co. LLC and Lake Charles LNG Export Co. LLC.

August 14, 2015

Swap Regulator Wetjen Resigning From CFTC

The U.S. Commodity Futures Trading Commission (CFTC) announced Friday that Mark Wetjen, a former acting chairman of the Commission and a member since 2011, will be resigning later this month.

August 14, 2015

FERC ALJ Finds BP ‘Texas Team’ Gamed Ship Channel Index

Affiliates of BP plc gamed the market for natural gas at the Houston Ship Channel (HSC) during two and a half months in 2008 after Hurricane Ike in “…a classic case of physical for financial benefits,” a FERC administrative law judge (ALJ) said Thursday. The ALJ opinion is not final and is subject to Commission review. BP strongly objected and will appeal the judgement.

August 13, 2015

Columbia Group’s Rayne, Leach Projects Advance Together at FERC

FERC will prepare an environmental impact statement (EIS) for the related pipeline projects Rayne XPress Expansion by Columbia Gulf Transmission LLC and the Leach XPress project of affiliate Columbia Gas Transmission LLC, which would create more Marcellus/Utica shale exit capacity.

August 13, 2015
Pennsylvania AG Reaches Another $2M-Plus Settlement With Electric Supplier

Pennsylvania AG Reaches Another $2M-Plus Settlement With Electric Supplier

The Pennsylvania Attorney General’s Office has reached another settlement with a retail electric generation supplier to resolve consumer complaints that it deceptively marketed its variable electric rates during the brutally cold winter of 2013-2014.

August 10, 2015