Reuters reports that an investigation is underway into whether Phillips 66 failed to get approval of necessary California permits to manufacture renewable fuels at its oil refinery in Rodeo. The news service says the investigation is underway by California Bay Area Air Quality Management District which regulates stationary sources of air pollution. It is …
September 16, 2021 archive
House reconciliation bill would ban drilling in parts of New Mexico and Colorado
Some areas of New Mexico and Colorado would be off limits to oil and gas drilling as part of the huge budget reconciliation bill being jammed through Congress by Democrats. New Mexico’s Chaco Canyon would be one site where new oil and gas development would not be allowed. The canyon is a National Park …
Pioneer Natural Resources announced increased GHG efforts
Leaders of Dallas-based Pioneer Natural Resources Company unveiled their firm’s 2021 Sustainability Report this week and announced a higher goal of reduction in methane emissions for 2021. The company reported it had a 27% reduction in GHG emission intensity and a 50% reduction in methane intensity in 2020 and planned to increase its 2030 …
Phillips 66 sets 3Q financial results release date
The third quarter financial results of Phillips 66 will be revealed in about six weeks. The Houston-based company announced it plans to host a webcast at 11 a.m. CDT on Friday, October 29. Leaders will be on hand to discuss the financial results that will be released earlier in the day and also provide …
New Mexico to get tougher on low-emitting wells
Environmental regulators in New Mexico plan a tougher review of even the lowest pollution-emitting oil and gas wells. The New Mexico Environment Department stated this week it intends to return to a restrictive air pollution rule that calls for the fossil fuel industry to inspect the lowest-emitting wells yearly reported the Santa Fe New …
Flaring just got tougher in Texas
Texas regulators took a recent move that will increase restrictions and the ability of oil and gas companies to do more flaring of gas from their wells. Texas Railroad Commissioners voted to limit an oil driller to flaring gas for just one year—not two as requested by the industry reported the Midland Reporter …
Propane prices continue soaring ahead of approaching winter
Oklahomans who rely on propane for winter heating are among those who could face the most expensive winter in years—thanks to the highest jump in prices in the past 7 years. The main U.S. trading hub, located in Mont Belvieu, Texas has seen propane prices climb nearly 60% this year because of tighter production …
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