July 9, 2020 archive

New board member named at Phillips 66

  The board of directors of Phillips 66 has appointed Julie L. Bushman to serve as an independent director, effective July 8, 2020. Bushman will serve on the Audit and Finance Committee and the Public Policy Committee of the board. Following the appointment, the board of Phillips 66 will comprise 11 directors, 10 of whom …

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Drilling permits dropped 69% in Texas from a year ago

  The amount of drilling permits issued in Texas by June of this year was down 69% compared to a year ago. The country’s biggest-oil producing state handed out less than one-third of the oil and gas drilling permits compared to June 2019, thanks largely to the COVID-19 pandemic and its harmful effect on the …

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Energy news in brief

  ** U.S. greenhouse gas emissions tumbled 18 percent this spring as a result of the coronavirus pandemic that crippled the economy, according to a new analysis released this week. ** Communities from Georgia to Illinois have expressed outrage over their elevated cancer risk stemming from emissions of a toxic gas from neighboring medical sterilizing facilities, and EPA …

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Solar company’s bankruptcy felt by Tulsa investment firm

  The bankruptcy of a Colorado-based solar energy firm is hitting a Tulsa investment company to the tune of more than $23 million. Black Coral Capital and First Solar Distributed Generation LLC based in Tempe, Arizona are the holders of $23.37 million in secured debts of Clean Energy Collective LLC, a Louisville, Colorado company that …

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EPA official faces conflict of interest claim by Democrats

  A Democratic-leaning group demands an EPA official recuse herself from the agency’s oversight of methane gas because her family in Texas owns land where an Enbridge natural gas pipeline crosses. Anne Idsal runs the EPA’s Office of Air and Radiation. Valley Crossing Pipeline LLC, a wholly owned subsidiary of Enbridge, operates a 168-mile natural …

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Wyoming’s first new coal mine in 50 years is approved

  Wyoming regulators have approved the state’s first new coal mining operation in nearly half a century. The Department of Environmental Quality announced Tuesday it will issue a coal mining permit to Brook Mining Company LLC following years of internal review and public debate. The permit will allow the firm to mine for coal just …

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Oklahoma energy firms directly affected by court-ordered shutdown of Dakota Access pipeline

    The federal court order shutting down the Dakota Access pipeline owned by Dallas-based Energy Transfer is not only affecting the Texas company but some major energy firms in Oklahoma as well as firms with major operations in Oklahoma. Here’s why. Energy Transfer is the majority-owner but the pipeline is also owned by Phillips …

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