The Senate passed the most significant conservation legislation in decades on Wednesday but did so without the support of Oklahoma U.S. Sens. Jim Inhofe and James Lankford. Senators voted 73-25 to clear the package to secure full funding for the Land and Water Conservation Fund at $900 million annually and provide billions to address …
A Denver company has agreed to pay a nearly $689,000 fine for illegally drilling oil and gas wells on federal land in Colorado. But prosecutors say it was unintentional on the part of PDC Energy. The company will cough up $688,500 to settle federal allegations that it drilled and produced publicly owned oil and gas …
The influence that New York activist hedge fund manager Paul Singer has over Evergy Inc. has prompted Kansas regulators to consider investigating Singer’s efforts to convince the company to move faster away from coal. The Kansas Corporation Commission was asked by staff in a petition last week to examine an agreement between Evergy Inc. …
While thousands in the renewable energy industry have lost their jobs because of the coronavirus pandemic, several projects are going strong across the U.S. and one of them involves Oklahoma wind energy. Greentech Media recently cited five such major projects that have not been sidetracked by COVID-19 and American Electric Power’s North Central wind …
The head of Tulsa-based Williams Companies, Inc. maintains demand for natural gas is strong despite the growth in renewable energy in the U.S. He also believes New York will reverse its opposition to a pipeline to bring natural gas to New York City. Speaking this week at the JP Morgan Virtual Energy, Power and …
Minnesota based Xcel Energy says it is planning $3 billion in energy projects as part of efforts to spur job growth and the state’s economy. The company responded to a request by the Minnesota Public Utilities Commission and Department of Commerce to assist the state recover from the COVID-19 pandemic. “COVID-19 put the brakes …
Veteran roofer and solar installer PetersenDean filed for Chapter 11 bankruptcy protection in June with the intention of reorganizing its business and debt. The California-based company released a statement Tuesday citing the effects of the coronavirus pandemic as the motivation for the claim. The company’s leads had dropped nearly 70 percent between March and April, …
ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips Alaska, said the company in late May began a ramp-down ahead of plans to …
Things are slowly reversing in the country’s oil and gas industry. Many producers are restoring their crude oil output and some are removing crude from storage. Reuters reported that U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to …
