Congratulations to the Federal Energy Regulatory Commission (FERC), which regained its quorum last week with Senate confirmations of Rob Powelson and Neil Chatterjee. Meanwhile, the White House officially nominated Kevin McIntyre and Richard Glick for FERC positions last week. If confirmed, they’ll fill out the five-member panel – four new commissioners joining Cheryl LaFleur, who… Keep reading →
Politico has an interview out today with Iain Conn, chief executive of the British energy and services company Centrica. Entire piece is here, but let’s look at a couple of the points that he makes: What’s the biggest difference between the European and American energy markets? The U.S. has lucked out with shale gas …… Keep reading →
Four oil traders are claiming in a lawsuit that they can prove that BP, Statoil and Shell conspired with Morgan Stanley and trading firms such as Vitol to manipulate Brent crude prices. The traders say that the three oil companies placed orders to move markets, rather than buy crude. “Platts’ methodology ‘can be easily gamed… Keep reading →
