A Norway-based energy company agreed to pay a civil monetary penalty to settle CFTC charges of attempting to manipulate a propane benchmark in order to benefit certain physical and financial positions.
A U.S. District Court declined to vacate the U.S. Army Corps of Engineers' Environmental Assessment of the Dakota Access Pipeline. The pipeline will continue to operate while the Corps addresses deficiencies identified in the assessment.
The Secretary of Energy proposed that the Federal Energy Regulatory Commission impose new rules on Commission-approved independent system operators and regional transmission organizations "to ensure that certain reliability and resilience attributes of electric generation resources are fully valued."
The U.S. Court of Appeals for the District of Columbia Circuit rejected an appeal challenging an order by the U.S. Department of Energy that granted long-term authorization to export liquefied natural gas ("LNG") to Non-Free Trade Agreement nations from the Freeport LNG terminal.
Twelve Democratic Senators urged the SEC to re-issue a new anti-corruption rule to implementing provisions of the Dodd-Frank Act "consistent with both Congressional intent and the extractive industry transparency laws in effect in thirty other countries."
President Trump issued an executive order and four presidential memoranda intended to streamline the regulatory process, dismantle burdensome regulations, and promote domestic job growth within the energy sector.