June 2020 archive

BLM approves expansion of southern Colorado coal mine

The federal government has approved the expansion of a southern Colorado coal mine near Durango, a move that could see the mine in operation for at least another 20 years. The Durango Herald reported it’s official: GCC Energy has been issued the lease for its expansion of the King II coal mine in western La …

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Sustainability report released by Phillips 66 includes climate change

  In releasing its annual Sustainability Report, Phillips 66 has included a section on climate change. The company included it along with Environmental Stewardship, Social Responsibility, Operating Excellence and Financial Performance. Phillips 66 has published its 2020 Sustainability Report titled “Greater Good,” making it digitally available to employees, communities and investors at www.phillips66.com/Sustainability. This year’s report …

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North Dakota oil production plunged 15% in April,

North Dakota energy officials say the fall in the state’s oil production in April was the largest ever one-month decline but likely will be surpassed when May figures are available. Oil production in North Dakota fell by a record 15% in April, state data showed Friday, and officials forecast a steeper drop in May. North …

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Hard labor bill for environmental trespassers vetoed by Louisiana Governor

  Louisiana Gov. John Bel Edwards on Friday vetoed a bill that would have stiffened penalties including hard labor in prison for trespassing on pipelines, levees and a long list of other facilities in the state. The veto handed a victory to civil liberties advocates and local organizers, who said the bill would have trampled on their …

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More details about Lawton area solar farm

  The solar farm to be built on property owned by the Commissioners of the Land Office will be nearly adjacent to the city of Lawton. The Land Commissioners, as we reported earlier this week, approved a long-term commercial lease for a 4,349-acre solar farm in Comanche County. The Lawton Constitution reported the action refers to …

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Ivy league school among customers of latest wind farm in Texas

A new 419-megawatt wind farm in Fisher County, Texas, called Mesquite Star, is now online. Corporate and institutional customers including Intuit, Ecolab, Lowe’s, and Ivy League school Brown University have contracts for the wind farm’s output. Intuit’s aggregated power purchase agreement with developer Clearway Energy Group for wind power from Mesquite Star allowed the Mountain …

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New report critical of lack of controls on flaring in Texas

  Texas oil producers burned a record $749.9 million by flaring or venting unneeded natural gas into the air, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Texas Railroad Commission, the chief industry regulator in the state, passed up the opportunity to curb flaring last month when it …

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135 to lose jobs at Gulf drilling firm

Seadrill Americas Inc. has notified its employees about pending layoffs at its office location at 11025 Equity Dr. Suite 150, Houston, Texas 77041, according to a notice sent to the Texas Workforce Commission on June 5. Seadrill provides personnel supporting the operation of a mobile offshore drilling unit, the Sevan Louisiana rig, currently located in …

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100,000 oil and gas jobs lost so far in the U.S.

  The U.S. oil and gas labor market is one of the world’s most severely impacted by the latest economic downturn, according to recent Rystad Energy analysis of the latest US BLS labor data. According the firm, over 100,000 jobs in the sector have already been lost, with most of them coming from the support …

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Pandemic leads to ONEOK public offering of shares

  In a Securities Exchange Commission filing, ONEOK Inc. cited the COVID-19 pandemic as the cause for its public offering of 26 million shares of common stock at a price to the public of $32 a share. “We anticipate using the net proceeds from this offering for general corporate purposes, which may include the repayment …

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