A bill opposed by two Oklahoma Corporation Commissioners has won approval in the State House. HB1556 passed in the House last week on a vote of 70-26. Proposed by Seminole Rep. Zack Taylor, the bill drew the ire of Corporation Commissioner Bob Anthony who recently labeled it a “wolf in sheep’s clothing,” a criticism that …
The government’s released figures showing the number of coal-fired power plants in the U.S. is down markedly and the remaining plants are being used much less than previously. Newly released figures from the Energy Information Administration show that coal plants in the United States had a “capacity factor” of 47.5 percent in 2019, the first time …
Executives at Denver’s Liberty Oilfield Services Inc. have implemented a salary reduction plan—they’re taking a pay cut amidst the oil price war. Management members voluntarily requested a base salary reduction effective April 1, 2020. “I am very proud of the dedication of our employees in this unprecedented environment. As leaders of this organization, …
Noble Energy, Inc. in Houston has sliced $500 million from its 2020 capital expenditure list which amounts to about 30% of its original budget. The company stated that its remaining capex is in a range of $1.1 to $1.3 billion for the year. Noble Energy has also identified more than $50 million in reductions through …
Kansas City-based Tallgrass Energy, LP, through its affiliate Tallgrass Pony Express Pipeline, LLC (“Pony Express”), announced that due to continued interest in its Carpenter Expansion it is launching a supplemental open season to solicit binding shipper commitments for crude oil transportation from a new origin near Carpenter, Wyo., to Pony Express destinations in Colorado. …
** A federal judge has dismissed two of the Trump administration’s key arguments against California’s cap-and-trade agreement with Quebec. ** A federal nuclear regulator approves a nuclear waste storage facility near Carlsbad, New Mexico, finding a minimal impact on the environment despite concerns raised by opponents. ** A Wyoming bill requiring oil, gas, coal, and uranium producers to pay taxes on a monthly basis cleared …
