Oil Pro by .  Last week, the Securities Exchange Commission said that Miller Energy's former CFO and CEO overstated the value of its holdings by upwards of $400mm after acquiring its O&G properties in Alaska in late-2009 for $2.5mm. Neither executive is still with the company. Miller Energy's questionable past appears to be a case study of how not to run an E&P company.

ADN/Arctic by Erica Martinson.  Shell has a strained relationship with environmental groups over its Arctic drilling plans, but the company has long advocated for a price on carbon to deal with climate change.

(Editorial Note: While EPA defends climate change initiatives, UN Chief says climate change all about killing capitalism, as Shell supports the Obama Administration's climate change philosophy and seeks necessary Arctic permits from the Administration.  — dh) 

 

 
Alliance plans to stop flaring natural gas on Wednesday

A major natural gas pipeline that was shut down in Western Canada after being contaminated with hydrogren sulfide (H2S) last week will be reopened …