The House Energy and Commerce Committee approved global climate legislation that would regulate hedging. The Stupak amendment in the Waxman-Markey bill essentially would force over-the-counter (OTC) trading to move to exchanges. IPAA supports transparency and increased oversight of derivatives markets. However, it strongly opposes any efforts to remove access by energy producers to the OTC market. Last week, IPAA sent a letter to House Speaker Nancy Pelosi to explain in greater detail the importance of OTC hedging to natural gas and oil producers and IPAA’s opposition to the Stupak language in the Waxman-Markey bill. On Monday, IPAA sent similar letters to the Senate Committee on Banking, Housing and Urban Affairs Chairman Chris Dodd and Ranking Member Richard Shelby.
2023-12-11 - Tellurian Inc.’s board of directors named Martin Houston as the company’s chairman of the board to replace Charif Souki, who was terminated "without cause."
2023-12-10 - Scott Tinker, CEO of Tinker Energy Associates shares advice about the energy industry and how he sees the future of the industry, in this Hart Energy LIVE Exclusive.
2023-12-10 - Kinder Morgan’s expansion added an additional 550 MMcf/d of capacity on the Permian Highway Pipeline, which runs from the Waha Hub and terminates close to Katy, Texas, where it supplies terminals along the Gulf Coast.
2023-12-10 - Endeavor Energy Partners operations span 350,000 net acres in the Permian’s Midland Basin — considered of the most lucrative oil and gas region in the U.S.
2023-12-10 - A close look at the Appalachian midstream capacity picture shows some opportunities that producers can exploit now and in the future.