The Federal Energy Regulatory Commission’s approval of a 65-mile gas pipeline to bring natural gas to the St. Louis, Missouri area was struck down this week by a federal court which said FERC had taken “an ostrich-like approach” and ignoring its own standards by approving the line. A panel for the U.S. Circuit Court of …
Plugging New Mexico’s abandoned oil and gas wells could create more than 65,000 jobs and billions of dollars in wages according to a new study. But the analysis also indicated there’s a big if—–“if” the federal government helped. A report published Tuesday by New Mexico-based O’Donnell Economics pointed to the economic boost well plugging could …
Chesapeake Energy took another step this week as part of its January 2021 emergence from its Chapter 11 bankruptcy that was filed one year ago. The company filed a prospectus with the Securities Exchange Commission for the resale of $1.5 billion of common stock held by certain investors who signed a Registration Rights Agreement in …
** Even a more than 400% jump in the number of fracking crews working the U.S. shale patch isn’t enough to send oil output soaring. In fact, it’s just enough to keep production relatively flat this year, according to Primary Vision Inc., which has tracked data on frack crews since 2013. ** The chief executive officers of …
Amazon has become the largest corporate buyer of renewable energy in the U.S. and the world with the addition of 14 new renewable energy projects in Arkansas and other states as well as Finland and Spain. The company said the projects will advance its ambitious goal to power 100% of its activities with renewable …
General Motors and a Shell-owned power company announced a partnership on Wednesday aimed at providing renewable electricity to Texas customers and free overnight charging to state residents who own GM electric cars. Shell’s wholly owned subsidiary MP2 Energy, LLC joined GM in collaboration to provide energy solutions to GM customers and supply chain partners …
