** During an internal town hall meeting last week, roughly 40,000 Chevron employees were shown a video touting the oil giant’s success in Colorado as the largest oil and gas producer in the state. Less than 30 minutes later, executives announced plans to cut up to 20% of the global workforce, reported Reuters. ** Experts say the …
Category: Oil & Gas
More Permian Basin earthquakes might lead to restrictions
Oil and gas operators in the Permian basin worry that two recent large earthquakes that hit the region this week might lead to more controls over water disposal practices. The deep water injection, very similar to what led to more restrictions in Oklahoma a few years ago, is under a brighter spotlight in west …
Crude oil prices made gains following oil pipeline attack
Crude oil prices made gains on Tuesday as they were affected by two issues—this week’s drone attacks on a key oil pipeline for Kazakhstan’s oil exports and the talks underway to possibly end the war in Ukraine. The prospects of peace between Russia and Ukraine have some traders optimistic that it could lead to …
Legislator promotes moratorium on green energy projects
Rep. Jim Shaw, R-Chandler, has filed a series of bills that range from placing a moratorium on green energy projects to creating setbacks to recapturing tax subsidies from the industry. Another measure would ban the use of biosolids. “I told my constituents when running for office I would fight against the green energy insanity that …
Cancelled! Petroleum Alliance legislative reception
One of the victims of this week’s severe winter storm is the annual legislative reception planned by the Oklahoma Petroleum Alliance. It was scheduled to be held Wednesday evening at the Petroleum Alliance headquarters in Oklahoma City. But the Alliance announced Tuesday the event was cancelled due to the bad weather conditions.
Energy briefs
** Amazon seeks a regulatory exemption for its plan to add 250 diesel-powered emergency generators at a large planned Minnesota data center, drawing criticism from environmental groups and state officials. ** North Dakota lawmakers vote down six bills that sought to place restrictions on and eliminate tax exemptions for carbon pipeline developments. ** U-Line Corporation, a manufacturer of refrigeration …
Increased drilling in Oklahoma’s Granite Wash
Oklahoma’s Granite Wash oil and gas play was one of two plays in the U.S. last week that recorded an increase in drilling activity. According to the latest rig count provided by the Baker Hughes Co., the Granite Wash count grew by one to a total of 8 rigs. The other energy play that …
Bill to amend Oklahoma’s Energy Discrimination Act to be considered by House Committee
A move to amend Oklahoma’s 3-year old Energy Discrimination Elimination Act, the one suspended last year by an Oklahoma County District judge’s order, goes before a state House committee on Wednesday. Rep. Nick Archer, Elk City, filed HB2043 which focuses on the contract payments that state agencies have with companies. The bill, if approved, would …
Public hearing on Evergy’s plans for 2 gas plants and a solar farm
The Kansas Corporation Commission (KCC) will hold a virtual public hearing on March 5 at 6 p.m. to inform Evergy Kansas customers about three proposed energy projects: two gas-fired power plants and a solar facility. One gas plant is planned near Evergy’s Viola Substation in Sumner County, the other near Hutchinson in Reno County, while the …
Greenpeace counter-sues Energy Transfer over 2016 Dakota Access protests
Remember those violent 2016 protests by Indian tribes and environmentalists against the Dakota Access pipeline? After pipeline owner, Energy Transfer sued Greenpeace for $300 million accusing it over its role in organizing the protests, Greenpeace recently countered sued in Europe. The Associated Press recently reported Greenpeace filed an anti-intimidation case which is considered a …