Tag: oil and gas competition

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The Federal Trade Commission closed its nine-month investigation into Tesoro Corporation’s acquisition of BP p.l.c.’s southern California marketing and refining assets, in particular BP’s Carson Refinery near Los Angeles. In a statement issued today, the Commission said the proposed acquisition is...
The Federal Trade Commission has approved an application by energy company Kinder Morgan, Inc. requesting FTC approval for the company to sell certain natural gas pipeline and other assets to Tallgrass Energy Partners, LP.
Federal Trade Commission Chairman Jon Leibowitz issued the following statement regarding the recent spike in gasoline prices in California:
The Federal Trade Commission will require Kinder Morgan, Inc., one of the largest U.S. transporters of natural gas and other energy products, to sell three natural gas pipelines and other related assets in the Rocky Mountain region as part of a settlement resolving charges that Kinder Morgan's $38...
The Federal Trade Commission will require AmeriGas L.P. and Energy Transfer Partners L.P. (ETP), two of the nation's largest propane distributors, to amend AmeriGas's proposed acquisition of ETP's Heritage Propane business as part of a settlement with the FTC. The settlement resolves FTC charges...
FTC Approves BASF's Application to Extend Manufacturing Agreement Related to 2009 Acquisition of CibaThe Federal Trade Commission has approved an application by global chemical company BASF SE to extend a manufacturing agreement, entered into in compliance with a 2009 settlement order, which...
The Federal Trade Commission today issued a Bureau of Economics staff report examining trends in the petroleum industry and how they have affected gasoline prices between 2005 and early 2011.  It concludes that while a broad range of factors influence the price of gasoline, worldwide crude oil...
The Federal Trade Commission will require Irving Oil Terminals Inc. and Irving Oil Limited (collectively, Irving) to relinquish the rights to terminal and pipeline assets in Maine that Irving acquired from ExxonMobil, to maintain competition in gasoline and distillates terminaling services in the...
As part of their ongoing efforts to keep markets that they oversee open and fair for American consumers, the Federal Trade Commission and Commodity Futures Trading Commission (CFTC) today announced that they signed an agreement to foster further cooperation between the two agencies by helping them...
FTC Issues Compliance Guide For Its Petroleum Market Manipulation Regulations The Federal Trade Commission’s staff has prepared a guide to help businesses and individuals comply with the anti-fraud provisions of the Energy Independence and Security Act of 2007 (EISA) and the FTC’s Petroleum Market...
The Federal Trade Commission today issued a Final Rule that will prohibit market manipulation in the petroleum industry. The Rule will prohibit fraud or deceit in wholesale petroleum markets, and omissions of material information that are likely to distort petroleum markets. The FTC’s approval of...

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