July 14, 2021 archive

$1 billion renewable gasoline operation planned for South Texas

  If city leaders in Beaumont, Texas give their approval, a new $1 billion facility to produce renewable gasoline out of woody biomass. Arbor Renewable Gas is asking the city for permission to create a special reinvestment zone to build its operation reported KBMT TV. Click here for KBMT story.  

Chesapeake to make enhanced environmental stewardship

      Oklahoma City-based Chesapeake Energy Corporation is making another major step in making sure its natural gas production is socially and environmentally responsible. The company announced a new collaboration with MiQ and Equitable Origin to begin independent certification of its natural gas production under the MiQ methane standard and the EO100TM Standard for Responsible Energy Development, which …

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Unit Corporation announces share repurchase program

  Tulsa’s Unit Corporation announced that its board of directors has authorized repurchasing up to $25 million of its outstanding common stock. The repurchases will be made through open market purchases, privately negotiated transactions, or other available means. The Company also announced that its long-term debt as of June 30, 2021 was $35 million. Philip …

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Panama and Energy Transfer to study development of LPG assets in Panama

  The Republic of Panama and Dallas-based Energy Transfer LP announced that the parties have signed a Memorandum of Understanding to study the feasibility of joint participation in a proposed Trans-Panama Gateway Pipeline project. The non-binding MOU signed this week in Dallas by Energy Transfer Executive Chairman Kelcy Warren and Panama President Laurentino Cortizo Cohen …

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