Author's posts
Prices Force Delay in New Chemical Plant Along Texas Gulf Coast
Plans by German chemical giant BASF SE to build a massive plant along the Gulf Coast in Texas have been temporarily shelved because of volatile prices. It was nearly 15 months ago when the company announced plans for the largest single-plant investment with a planned annual production of 475,000 metric tons of propylene. But now …
Solar Power to Run New Toyota North American Headquarters in Plano, Texas
When Toyota completes its new North American headquarters in Plano, Texas, the electrical power provided to the operation will be 100 percent renewable energy. MP2 Energy, a full-service power company based in The Woodlands, Texas has been awarded a five-year retail electricity contract for the headquarters. The campus will be 2.1 million square feet …
Colorado Company Makes Big Buy in Marcellus
Denver, Colorado-based Antero Resources Corporation announced it has signed an agreement to buy 55,000 net acres in the core of the Marcellus Shale for $450 million. It identified the seller only as a “third-party” but said 75% of the acreage contains dry Utica rights. The purchase also includes undeveloped properties located primarily in Wetzel, Tyler …
Legislator Wants Interim Study on Oil and Gas Wastewater and Possible Recycling
Oklahoma City legislator Richard Morrissette not only is sponsoring a public forum to be held at the State Capitol on wastewater and the injection wells thought to be causing Oklahoma’s earthquakes, he wants an interim legislative study on the issue. He filed the request last week on the day of the deadline for such requests. …
Wastewater and Earthquake Forum to be held at State Capitol
A state legislator who is running for an Oklahoma Corporation Commission seat and the Ponca Nation Council will hold an Oil and Gas Industry Forum Tuesday exploring a way to reduce wastewater injection and the number of earthquakes in the state. The forum will be held at the State Capitol and focus on …
Senate Subcommittee Puts EPA in the Spotlight Again
Some U.S. Senators plan to put the Environmental Protection Agency in the spotlight again Tuesday by holding a subcommittee hearing on recommendations from the Inspector general and the Government Accountability Office. Sen. Mike Rounds (R-S.D.) will chair the Senate Environment and Public Works Subcommittee on Superfund, Waste Management and Regulatory Oversight on Tuesday at …
Legislator Wants Interim Study of Oil and Gas Drilling Setback Requirements
State legislators could be making another study and examination of oil and gas drilling in relation to homes and businesses and the rights of those property owners. First, the State House Speaker has to approve the request for an interim study proposal that was made by Rep. Steve Kouplen, (D-Beggs) who submitted it prior to …
Osage Nation Pays $74 million for Ted Turner’s Osage County Ranch
Media mogul Ted Turner has sold his 43,000 acre Bluestem Ranch in Osage County to the Osage Nation. It was a reported $74 million-purchase by the tribe, making the tribe one of the biggest landowners in the county. Turner, the man behind CNN and Turner Broadcasting bought the ranch in 2001 and raised buffalo. The …
Mexico Gets First Non-Pemex Gas Stations in 80 Years
After nearly 80 years, Mexico is getting its first gas station that isn’t owned or operated by the government-owned Pemex corporation. Two companies recently opened three gas stations under their brands, a result of energy reforms passed two years ago by the federal government. The company, Hidrosina opened one in Mexico City while the …
Colorado has 40 Times more Natural Gas Than First Believed?
The U.S. Geological Survey now says Western Colorado has far, far more natural gas than previously thought…maybe 40 times more. It’s what government and industry experts recently said in Denver, explain the Mancos Shale formation in the state’s Piceance Basin holds an estimated 66.3 trillion cubic feet of gas. That’s a huge increase from …