Louisiana Gov. John Bel Edwards on Friday vetoed a bill that would have stiffened penalties including hard labor in prison for trespassing on pipelines, levees and a long list of other facilities in the state. The veto handed a victory to civil liberties advocates and local organizers, who said the bill would have trampled on their …
The solar farm to be built on property owned by the Commissioners of the Land Office will be nearly adjacent to the city of Lawton. The Land Commissioners, as we reported earlier this week, approved a long-term commercial lease for a 4,349-acre solar farm in Comanche County. The Lawton Constitution reported the action refers to …
A new 419-megawatt wind farm in Fisher County, Texas, called Mesquite Star, is now online. Corporate and institutional customers including Intuit, Ecolab, Lowe’s, and Ivy League school Brown University have contracts for the wind farm’s output. Intuit’s aggregated power purchase agreement with developer Clearway Energy Group for wind power from Mesquite Star allowed the Mountain …
Texas oil producers burned a record $749.9 million by flaring or venting unneeded natural gas into the air, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Texas Railroad Commission, the chief industry regulator in the state, passed up the opportunity to curb flaring last month when it …
Seadrill Americas Inc. has notified its employees about pending layoffs at its office location at 11025 Equity Dr. Suite 150, Houston, Texas 77041, according to a notice sent to the Texas Workforce Commission on June 5. Seadrill provides personnel supporting the operation of a mobile offshore drilling unit, the Sevan Louisiana rig, currently located in …
The U.S. oil and gas labor market is one of the world’s most severely impacted by the latest economic downturn, according to recent Rystad Energy analysis of the latest US BLS labor data. According the firm, over 100,000 jobs in the sector have already been lost, with most of them coming from the support …
In a Securities Exchange Commission filing, ONEOK Inc. cited the COVID-19 pandemic as the cause for its public offering of 26 million shares of common stock at a price to the public of $32 a share. “We anticipate using the net proceeds from this offering for general corporate purposes, which may include the repayment …
Another oil and gas firm has filed Chapter 11 bankruptcy. Ultra Petroleum Corp. was considered to be one of the top oil producers in Wyoming but entered bankruptcy last Thursday evening, blaming months of financial problems associated with COVID-19 and the downturn in energy markets. “After several months of liability management efforts and careful consideration …
