January 2021 archive

Colorado battery firm sells New Mexico and Texas assets

  Battery graphite development company, WestWater Resources Inc. headquartered in Centennial, Colorado announced the nearly $8 million sale of its uranium assets in New Mexico and Texas. The buyer is enCore Energy Corp. of Canada. As part of the deal, WestWater picked up $1.8 million in enCore shares and two royalties from future production at …

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BNSF experiments with battery-powered electric locomotive

  BNSF Railway company has joined Wabtec in exploring the development of the trains of the future…battery-electric locomotives rather than those running on diesel fuel. The Fort Worth, Texas-based railway said testing got underway this week on a battery-electric locomotive that runs between Barstow and Stockton, California. The firm said it is exploring battery powered …

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Leaders at Williams to discuss company’s environmental commitments

  Tulsa’s Williams company will lay out its environmental and social efforts in a special virtual meeting later this month. The firm announced it will host a virtual Environmental, Social and Governance event Tuesday, Jan. 19 at 9 a.m. Central Time.   Alan Armstrong, Williams president and chief executive officer, along with members of the …

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185 lose jobs at Texas tubing and piping company

  The downturn in the oil and gas industry, one caused by the coronavirus pandemic has led to the layoff of 185 workers at a related pipe plant in Liberty, Texas. Workers for Bommerang Tube LLC got the recent news as the company also notified state officials. “Boomerang does not know if this layoff will …

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Energy news in brief

** Mexico City voted to ban plastic bags from the capital’s shops starting last January, with a broadened restriction on other types of single-use plastics effective January 1, 2021. On January 1, Mexico City’s environmental secretary said via Twitter that “from today on Mexico City [is] without single-use plastics.” ** The Environmental Protection Agency has completed one of its last major rollbacks under …

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New Mexico launches public hearings on more restrictive flaring rules

  New Mexico has started public hearings on proposed tougher rules targeting venting and flaring of gas by the state’s oil and gas operators. The first of several days of virtual hearings was held Monday as the state’s Democratic Gov. Michelle Lujan Grisham followed through on a promise to adopt some of the toughest rules …

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New Mexico to get major transmission line from wind farms

  A large major transmission line to carry New Mexico wind powered electricity to other markets has been announced by a California-based renewable energy company. Pattern Energy Group announced plans for the Western Spirit line and four wind farms with more than a gigawatt of capacity to be brought on line by the end of …

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Xcel to close coal-fired Colorado power plant earlier than expected

  Two announcements this week by Xcel Energy show the direction Xcel Energy is headed when it comes to energy production. While Xcel Energy announced the earlier-than-expected closing of its coal-fired power plant near Steamboat Springs, Colorado, the company also announced the addition of 500 megawatts of new large-scale solar generation in Minnesota. Xcel’s Hayden …

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Kinder Morgan’s Permian pipeline goes operational

    Kinder Morgan’s $2 billion Permian Highway natural gas pipeline became operational this week as the company said it is fully subscribed under long-term contracts. The line entered full service on Jan. 1 carrying natural gas from the Permian Basin to the Gulf Coast, although gas had been flowing on weeks on the line …

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Oklahoma energy stocks had a strong Monday

  Monday was a good day for several Oklahoma energy companies as their shares made significant gains on the first full day of trading in 2021. The strong showing came as crude oil prices dropped on Monday. West Texas Intermediate crude for February delivery fell 27 cents to $47.35, a change of 0.57% in trading …

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