August 19, 2020 archive

States sue over rail transportation of liquefied natural gas

    Environmental groups filed a complaint Tuesday asking a federal court to block a proposed Trump administration rule that would allow companies to transport liquefied natural gas in rail cars. As POLITICO reported the Pipeline and Hazardous Material Safety Administration recently finalized a rule to expand the type of containers that can transport LNG to include …

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Enviros aren’t happy with Democratic party policy

  Environmental activists are complaining that the Democratic Party’s policy platform sent to delegates ahead of a final vote this week omits a call to end tax breaks and subsidies for fossil fuel companies — despite being approved by the party’s platform committee last month. The language was approved in the July 27 “manager’s mark,” …

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Plastics plant still burns in Grand Prairie, Texas

  A massive fire at a plastics facility in Grand Prairie is likely to continue burning for several days and could knock out electricity in the area for some time, firefighters say. Meanwhile, officials are urging people to stay indoors because of the “toxic plume” rising from the scene that could be an irritant for …

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News energy in brief

** Mauritius has arrested the captain of a Japanese bulk carrier that ran aground off its coast, causing a devastating oil spill. The captain was arrested along with another crew member and they’ve been denied bail after a court hearing, police said on Tuesday (August 18). ** Houston-based -Waste Management, Inc. announced the declaration of a quarterly …

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American Airlines adds hundreds of cargo-only flights in September to make up for lost revenue

CORONAVIRUS NEWS BUSINESS SPORTS ARTS & ENTERTAINMENT FOOD THINGS TO DO OPINION MORE FROM HOMEPAGE “Lack of leadership.” Six Dallas council members say they have lost trust in police chief after protests Watch: Firefighters continue to battle massive industrial blaze in Grand Prairie Dallas County reports 550 backlogged coronavirus cases and 237 new cases, adds …

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Newpek LLC leaves Texas and sells oil and gas holdings

  The Mexico-based holding company Alfa announced that its Newpek LLC, a Texas-based company with operations in Oklahoma announced it has bailed out of Texas. The company divested all assets in Texas including its offices and the divestiture includes the firm’s wells and leases in the Eagle Ford Shale and Edwards Shale. At the close …

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Xcel Energy names new board member

  Minnesota-based Xcel Energy, the owner of 210 miles of transmission lines in Oklahoma and numerous projects in Colorado has elected a new board member. Patrick Kampling, recently retired as chairman and CEO of Alliant Energy Corporation in Madison, Wisconsin was named to the company’s board. She previously held leadership roles at Exelon Corporation  and …

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Sustainability report released by Concho Resources

Texas-based Concho Resources Inc. has released its 2020 Sustainability Report. The report outlines the energy company’s approach to environmental, social, governance and safety performance and includes an update to Concho’s 2019 Climate Risk Report. Click here to view the release.  

Mammoth Energy Services, Inc. Regains Compliance with the Audit Committee Requirements under the Nasdaq Listing Rules

  Mammoth Energy announced it has regained compliance with Nasdaq after failing to have at least three members on its company audit committee in May. In a filing with the Securities Exchange Commission, Mammoth said it won Nasdaq approval following the Aug. 12, 2020 naming of Dr. Corey J. Booker to the Board and its …

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