About a dozen state legislators in New Mexico are fighting a planned construction of a liquified natural gas storage facility in Rio Rancho near Albuquerque. They have asked the New Mexico Public Regulation Commission to reject the move by the New Mexico Gas Company. Hearings begin in December and 14 legislators sent a letter …
November 21, 2023 archive
Latest on Chesapeake Energy efforts to acquire Southwestern Energy
Chesapeake Energy and Southwestern Energy Co. still in talks to merge? It was reported last month by Bloomberg and this week the news service had more about ongoing reported merger talks. It quoted Kimmeridge Energy Management Co. as indicating such a merger would create one of the oil and gas industry’s ost sought-after stocks. …
Energy quick reads
** A United Nations report warned Monday that the Earth is on track to warm up to 2.9 degrees this century, nearly double the UN’s 1.5 threshold. ** Alaska’s congressional delegation introduces legislation that would reverse the Biden administration’s oil and gas drilling ban on 13 million acres of Alaska’s North Slope. ** U.S. Securities and Exchange Commission (SEC) …
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