A lawsuit filed by Oklahoma, Louisiana and 11 other states against President Biden’s pause on new oil and gas leases on federal lands and waters prompted a Louisiana federal Judge on Tuesday to freeze the President’s actions. The judge also ordered the government to resume the auctions of the leases. Oklahoma Solicitor General Mithun …
** The U.S. Department of Agriculture (USDA) will give $700 million in aid to biofuels producers as part of a package to assist industries recovering from the financial devastation of the coronavirus pandemic, officials said on Tuesday. ** An encampment in northern Minnesota disbands after eight days of protesting the Line 3 replacement and expansion. ** Saudi Arabia is …
Based in Austin, Texas, Enverus, the leading global energy data analytics and SaaS technology company, announced Wednesday that it has acquired Integrity Title Company, the largest provider of title plant access in Texas and New Mexico, and premier land and real estate verification company. Enverus plans to integrate Integrity Title’s technology into a unique-to-market source …
Despite increased oil output in April, North Dakota is in danger of losing its status as the nation’s second largest oil producer to Oklahoma’s neighboring state of New Mexico. North Dakota has been the number 2 producer since 2012 after the shale oil boom. “New Mexico is coming on like gangbusters,” stated one …
Oklahoma City’s Devon Energy is reported to be among a handful of oil and gas companies interested in pursuing the acquisition of Royal Dutch Shell’s holdings in the Permian Basin as the European Giant considers unloading its operations there. Reuters included Devon in its list of those firms that might be interesting in buying …
This week’s heat wave in Texas and resulting request by the electric grid operators for customers to conserve their electricity also raised questions about the state’s reliability on wind energy. Fox Business News reported that some Texas leaders were skeptical of a lack of any regulation for the renewable power source’s reliability and how …
