The company behind plans to create a more than 1,300 megawatt solar operation in the Four Corners area of New Mexico and Colorado contends it is making progress on the project. Photosol US is a subsidiary of a leader solar provider based in Friday and its leaders say they are making advancements for their …
November 2020 archive
Wind turbine maker closes Colorado plant
A northern Colorado manufacturer of composite materials for wind turbines shut down operations this month. Hexcel Corp. closed the plant in Windsor and the impact of COVID-19 might have played a role. The Greeley Tribune reported the announcement came as nationwide wind turbine sales dropped more than 40%. Click here for the Greeley Tribune …
Energy news in brief
** A $30 million collaboration between Smithfield Foods and Dominion Energy is billed as the largest swine waste-to-energy project in North Carolina, but its details have been kept secret, even from state regulators reported the NC Policy Watch. ** The Corsicana Daily Sun reported thatTexas county commissioners approve a tax abatement for a 200 MW solar farm. ** A decommissioned …
Baker Hughes ventures into other business
Baker Hughes takes a step to expand its business operations outside the oil and gas industry, by partnering with the world’s largest fastener company. Its new partner is Wurth Industry North America which is a subsidiary of Germany-based Wurth Group. The new partnership will result in the design, manufacturing and 3D printing services to …
Price of drilling rights in Permian Basin dropped 67% in 2 years
The price to drill in the Permian Basin of West Texas and New Mexico, the biggest and highest producing oil region in the U.S. has tumbled as the COVID-19 pandemic continues pummeling the oil and gas industry. Bloomberg reported that drilling rights plunged an estimated 67% compared to two years ago. In recent months, …
Michigan Governor orders lawsuit to shutdown Great Lakes oil pipeline
Michigan Gov. Gretchen Whitmer has again targeted the oil and gas industry by ordering a shutdown of an oil pipeline under the Great Lakes. Canada’s Enbridge Inc. was notified Friday that its easement granted 67 years was revoked by the Democratic Governor. Enbridge had planned to extend a nearly 4-mile section of the line …
Environmental groups challenge Illinois approval of increased oil flow in Dakota Access Pipeline
The fight is far from over for operators of the Dakota Access oil pipeline. After they won approval last month from Illinois regulators to expand operations, now they are faced with an appeal by environmental groups. Reuters reported Save Our Illinois Land and the Sierra Club have filed applications for a hearing with the …
How will New Mexico COVID-19 shutdown affect oil and gas industry?
New Mexico Gov. Michelle Lujan Grisham has ordered the state’s businesses to shut down for two weeks beginning Monday, but the question remains—how will it affect the state’s energy industries? “New Mexico is at the breaking point. We face a life-or-death situation, and we must and will act to preserve the lives of New Mexicans.” …
New figures show how far oil and gas production has dropped in Kansas
Like many states hit by the COVID-19 pandemic, oil and gas production took a big drop in July in Kansas. The Kansas Geological Survey reported this week July oil production was 12,518,721 bbls, a decline of more than 390,000 barrels or 13% from a year ago, according to the Independent Oil and Gas Service …