By law, the city of Denver cannot ban natural gas hookups from future homes and buildings, but the city is taking steps to make it more difficult to use gas. Denver’s Office of Climate Action, Sustainability and Resiliency released a plan this week calling for new homes and buildings to be mostly electrified by …
** The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. Bloomberg reports the crude is on board the Liberia-flagged Achilleas, which is sailing to the U.S. after the Department of …
Chesapeake Energy leaders admitted in a government filing they met Wednesday with “certain institutional investors,” this as the Oklahoma City company prepares to emerge from Chapter 11 bankruptcy in February. The filing made with the Securities and Exchange Commission indicated the meeting with the unidentified investors was “beginning on January 27, 2021.” It’s believed …
We’re not sure whether BP learned from some governors and mayors who flaunted the very COVID-19 rules they created then ignored them in a “rules for thee but not me” fashion. But the British energy company was hauled before the platform of hypocrisy at the Texas Railroad Commission this week. BP, the company that …
A new report shows the amount of oil in storage at the Cushing, Oklahoma storage hub declined for the week ended January 22. The American Petroleum Institute said supplies dropped by 3.5 million barrels for the week in Cushing while nationally, crude supplies fell 5.3 million barrels for the week. Gasoline stockpiles went up …
A court-ordered environmental review of the Dakota Access pipeline was upheld Tuesday by a federal appeals court. But the appeals court refused to shut down the controversial line while the review is undertaken and completed. The D.C. Circuit upheld the lower-court order from U.S. District Judge James Boasberg in April 2020 who ruled in …
The oil and gas industry didn’t have to wait long before getting hit by President Biden’s orders suspending new leases for fracking and oil drilling on federal lands and waters. The action he took Wednesday at the White House drew immediate rebukes from the industry as well as members of congress from oil …
