Minneapolis-based Xcel Energy plans to invest $100 million in Colorado with hopes of eventually putting nearly 1.5 million electric vehicles on the roads in the next ten years. The $100 million will be invested in Colorado over the next three years. Xcel Energy is the state’s largest electric utility and announced this week that …
The popular tourist city of Eureka Springs, Arkansas has signed a deal with Little Rock-based solar energy company Entegrity to build an energy project that could save the city more than $750,000 over 25 years. The project includes LED lighting upgrades for the police and fire stations, public works office, auditorium and wastewater treatment …
Scott Pruitt wasn’t among them but at least six former Environmental Protection Agency Administrators have called for a “reset” of the EPA following the Trump administration’s regulation reduction steps. Pruitt, the former Oklahoma Attorney General who was named EPA Administrator in 2017 only to resign in July of 2018 amidst a political scandal did …
After acquiring Midstates’ Western Anadarko Basin assets in 2018 and the assets of Apache Petroleum in 2019, Fort Worth-based Presidio Petroleum just picked up the assets of Oklahoma City’s Templar Energy in a bankruptcy auction. Presidio spent $91 million on acquiring the latest assets after getting approval of the sale from a bankruptcy judge …
Less than two hours after Kamala Harris was named Joe Biden’s running mate, President Donald Trump had cast the California Democrat as an oil industry and fracking foe. “She is against fracking. She’s against petroleum products,” Trump said at a White House news conference Tuesday. “I mean, how do you do that and …
Reports indicate talks are underway as alternative asset manager Brookfield Asset Management is negotiating with Blackstone Group to acquire its 41.2% stake in Cheniere Energy Partners. The position is worth an estimated $7.8 billion. Cheniere Energy Partners not only operates the Sabine Pass liquefied natural gas export terminal in Louisiana on the coast of …
Phillips 66 is making major changes to its San Francisco Refinery in Rodeo, California so it can produce renewable fuels. The company announced the plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. The Phillips 66 Rodeo Renewed project would produce …
American Petroleum Institute President and CEO Mike Sommers joined U.S. Secretary of Energy Dan Brouillette and business and policy leaders from across Colorado and the Mountain West this week for a virtual roundtable discussion on the importance of infrastructure and sound policy to putting Americans back to work and strengthening U.S. energy security. “As we all …
The Oklahoma Department of Environmental Quality says the presence of E. coli in the drinking water of Boynton in Muskogee County has resulted in a boil order. The DEQ advised the Boynton Public Works Authority to warn its users of drinking water to use water that has been brought to a full, rolling boil for …
Halliburton jumped 5.2% after announcing a money-saving collaboration with Honeywell, which was up 1.3%. In an attempt to reduce risk and lower costs, Halliburton — which provides oil field services — and Honeywell — a manufacturing conglomerate — will join their software solutions and cloud applications to “deliver unparalleled insights about oil and gas …
