March 28, 2023 archive

Vital’s annual May meeting set to be in-person unless COVID interferes

Vital Energy’s annual meeting has been set for May 25 in Tulsa. While the company plans it to be an “in person” meeting, leadership says the public health impact of COVID-19 could still result in a virtual meeting. It could also result in an in-person meeting with required wearing of a mask. “Alternatively, we are …

Continue reading »

Vandals hit Arkansas solar panels leaving $160,000 in damages

  Someone had it in for the solar panels used to provide power in the city of Midland, Arkansas. They destroyed more than $160,000 in solar panels in recent weeks. The vandalism was recently discovered and sheriff’s officers believe it occurred since February. Midland is located south of Fort Smith, Arkansas and just east of …

Continue reading »

Manchin’s energy permitting reforms get major support

  Led by the U.S. Chamber of Commerce, a coalition of lobbying groups wants Congress to approve the energy permitting reforms pushed by West Virginia U.S. Sen. Joe Manchin and to do so by the end of summer. Oil and renewable energy industries are also included among the groups such as the American Petroleum Institute …

Continue reading »

Energy Transfer expands midstream holdings in new deal

  Two years after Energy Transfer LP acquired Oklahoma City’s Enable Midstream in a $7 billion deal, the firm announced this week the acquisition of Lotus Midstream LLC and its 3,000-mile pipeline system in a $1.45 billion agreement. Lotus is an affiliate of EnCap Flatrock Midstream  and the deal also involved approximately 44.5 million newly …

Continue reading »

Quick energy reads

** The Iowa Supreme Court temporarily blocks a state law that had given incumbent utilities first rights to build new transmission projects, a case that could have high stakes amid plans for a major transmission buildout. ** A federal judge rules BNSF Railway violated terms of an easement agreement by running 100-car oil trains across the Swinomish Indian Tribal …

Continue reading »