December 2020 archive

Kansas solar customers wait on regulators’ utility rate decision

  Rooftop solar customers in Kansas await a late December decision by regulators whether they will be forced by Evergy to pay higher electricity rates for using renewable energy. Environmental groups such as the Sierra Club call it a move by Evergy “to price-gouge customers putting solar panels on their homes.” Evergy has proposed a …

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Energy news in brief

** A Minnesota agency approves the final permit needed for Enbridge to start construction on the Line 3 replacement and expansion in northern Minnesota reported the Star Tribune. ** Even though it’s only November, U.S. gas traders said warm weather this month has already caused some in the market to give up on this winter and focus on next …

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Lawyers wait for Biden’s moves against oil and gas industry

  If apparent President-elect Biden follows through with some of his energy-industry campaign promises, especially those aimed at oil and gas, it would appear lawyers will be in high demand. Lawsuits are the expected results of any restrictive moves made by a Biden administration against oil and gas producers and those who seek leases to …

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New credit facility obtained by SandRidge Energy

  While it deals with a Chapter 11 bankruptcy, Oklahoma City’s SandRidge Energy announced the closing of a new $30 million credit facility. The announcement explained the facility is with affiliates of Icahn Enterprises, one of its major shareholders and consists of a $10 million revolving loan facility and a $20 million term loan facility. …

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