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TAQA to operate Brent system

TAQA Bratani, the UK arm of the Abu Dhabi National Energy Company (TAQA) is the new operator of the North Sea Brent System pipeline and facilities. TAQA acquired the assets from oil major Shell UK, which has owned and operated them since the mid 1970s.

Senator calls for OTC registry

New York Senator Charles Schumer is drafting a bill that would establish a central trade repository for all over-the-counter (OTC) derivatives market data.

CFTC steps up speculator scrutiny

The CFTC is to re-examine the role of speculators as it considers imposing federal position limits on futures trading in energy contracts. Pauline McCallion reports

Senate turns attention to cap-and-trade

The energy industry is holding its breath as the US Senate begins work on a cap-and-trade bill after legislation passed the House of Representatives. Pauline McCallion investigates

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