Colorado Sen. Michael Bennet (D) announced two bills to tackle the clean up of abandoned, or “orphaned,” oil and gas wells. Bennet’s Oil and Gas Bonding Reform and Orphaned Well Remediation Act would create a fund to expand orphaned well cleanup on federal, state and tribal lands and would boost individual and statewide bonding requirements to $75,000 and …
The fate of some energy cases will be decided by an 8-member U.S. Supreme Court following the death of Justice Ruth Bader Ginsburg. POLITICO reported that one of the cases includes a fight involving three states over coal exports. Another is considered what it called a “bellwether” case in the climate change lawsuits brought …
New Mexico’s largest electric utility and one of the nation’s premiere federal research laboratories will team up on a series of projects aimed at making the electric grid more resilient as the state prepares to add more renewable energy to the mix, officials said Monday. The research and development partnership between Sandia National Laboratories …
Windstream Holdings Inc. of Little Rock announced this week that it has officially restructured and is now a private company. The telecommunications firm declared bankruptcy last year and has been working to remake itself and cut debt reported Arkansas Business. The company said it’s reduced its debt by about two-thirds, or more than $4 billion, and …
** General Mills announced a pledge to reduce absolute greenhouse gas emissions by 30 percent across its full value chain – from farm to fork to landfill – over the next 10 years. The company also committed to a long-term goal to achieve net zero emission levels by 2050. ** Private equity partnership Pelican Energy Partners has an …
Dallas-based Matador Resources announced the completion of its first four Boros wells in the Stateline asset area in southeast New Mexico with production ranging from more than 3,100 barrels of oil equivalent up to nearly 4,600 barrels of oil equivalent. The company said all four Eddy County wells are two-mile laterals which were part …
Some of the latest permits to drill issued by the Oklahoma Corporation Commission showed a slight increase in drilling in the state. Mack Energy Company received a permit to drill two SW Wildcat Jim Deese Unit #17-2-1 wells at 07 2S 2W in Carter County. The site is southeast of Ratliff City. Red Rocks …
The U.S. Chamber of Commerce decision to give a controversial endorsement of Oklahoma Democrat Congresswoman Kendra Horn is still making the political rounds. Grist, in a report about the Chamber’s endorsements for Rep. Horn and other Democrats who strongly support Speaker Nancy Pelosi raised more than the eyebrows of Oklahoma State Chamber of Commerce …
In a dramatic reversal, one of the world’s biggest makers of coal-fired power plants is to exit the market and focus on greener alternatives. US industrial giant General Electric said it would shut or sell sites as it prioritised its renewable energy and power generation businesses reported BBC. It comes ahead of a US …
The nation’s energy sector took a beating on Monday as crude oil and natural gas prices took a sharp drop and the broader stock market suffered a selloff. It included the numerous Oklahoma related energy company stocks. Alliance Resource Partners dropped more than 7% or 23 cents to $2.95. Blueknight Energy Partners was down …
