Oklahoma City’s Devon Energy has been named to the JUST 100 list which maintained by JUST Capital and recognizes America’s best corporate citizens. Devon was ranked No. 80 on the list out of 937 companies. It was also the second highest of 23 oil and gas companies. The JUST 100 identifies companies that set the …
February 2024 archive
NGL wraps up nearly $3 billion in refinancing
Tulsa’s NGL Energy Partners LP recently closed $2.9 billion in refinancing transactions. The company, in an announcement, said it used its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp. to make the closing. The refinancing consisted of their previously announced $2.2 billion senior secured notes offering of $900 million in …
Solar farms meet growing opposition in farm states
While fans of renewable energy are promoting solar farms to provide electricity, it’s not so easy to convince neighboring landowners of the value of solar farms because of the amount of acres taken off farmland production. Take for example the recent case of a farming family in eastern Kansas where their farm has …
Williams prepares to expand Southeast US pipeline
Paperwork is expected to be filed soon with federal energy regulators by Tulsa’s Williams Cos. to move ahead with expansion of a large pipeline in the Southeast. Williams has yet to publicly comment on the proposed Southeast Supply Enhancement project which would provide reliable natural gas delivers to Virginia, the Carolinas, Georgia and Alabama …
Tribes see hope in court system after Osage tribe wins wind fight with Enel Green
A Federal Judge’s recent order that Enel Green Power remove the 84-wind turbines it installed on the Osage Nation in Oklahoma is giving hope to other tribes across the U.S. The wind farm has been in operation for nearly a decade but the Osage Nation, which encompasses Osage County, challenged the Italian energy company’s …
AES to build $230 million wind farm in eastern Wyoming
Wyoming is to be home to a $230 million wind farm by AES Corp., the firm that once owned Oklahoma’s Shady Point power plant in the eastern part of the state. AES, based in Virginia has wind farms throughout the world and plans to construction near Glenrock, Wyoming, a town located east of Casper. …
Energy quick reads
** Strong winds and rain have knocked out power for nearly 600,000 customers in California, particularly along the coast, according to the tracking website PowerOutage.us. Winds reached 98 mph in Santa Clara, and the San Francisco International Airport saw winds near 60 mph. ** Bank of America backtracks on its commitment not to finance new coal mines, …
Growing number of counties ban solar and wind projects
A report by USA Today claims that an estimated 15% of the counties across the nation have stopped new solar and wind power projects. As the paper reported, its review “shows local governments are banning green energy faster than they’re building it.” The limits of the renewable energy projects includes outright bans, moratoriums, construction …
Texas LNG projects on hold because of Biden’s moratorium
Because of President Biden’s recent moratorium on LNG projects across the nation, four such LNG projects totaling billions of dollars are on hold in the state of Texas. Developers contend the White House, as a result of the order, is jeopardizing hundreds of millions of dollars invested by developers. The Houston Chronicle reported that …
Love’s still in court over fee dispute for construction of a renewable diesel plant in Nebraska
A Federal Appeals Court has ruled in part against Loves’s Travel Stops and Country Stores, Inc. in a legal fight with a firm it hired to help develop a nearly $300 million renewable diesel facility that is still under construction near Hastings, Nebraska. The Tenth U.S. Circuit Court of Appeals overturned part of an …