HollyFrontier, the Texas company with oil refineries in Tulsa, Kansas, New Mexico and other states recently expanded its holdings with the $350 million cash acquisition of Equilon Enterprises LLC Puget Sound Refinery near Anacortes, Washington. Equilon does business as Shell Oil Products U.S., a subsidiary of Royal Dutch Shell plc. The agreement covers the …
New Mexico legislators argue against utility’s request
Some New Mexico State Senators are urging state regulators to deny Public Service Company of New Mexico’s request to transfer ownership share of a coal plant to a Navajo Nation-owned company. Click here for The Paper.
Defend the Blend Act introduced by ethanol supporting Senators
Republican and Democratic Senators from biofuel states have introduced legislation to fight the EPA in its plan to retroactively lower 2020 biofuel blending targets. They call it the Defend the Blend Act and it was introduced by Sens. Amy Klobuchar (D-Minn.) and Chuck Grassley (R-Iowa) and cosponsored by Sens. Tammy Duckworth (D-Ill.) and Joni Ernst (R-Iowa), would prohibit lowering the minimum …
Delta Air Lines says goodbye to more regional airports
Delta Air Lines this week confirmed that, effective January 10, it is suspending service to: Grand Junction Regional Airport, Colorado Lincoln Airport, Nebraska The carrier’s seasonal service to Yellowstone Regional Airport in Cody, Wyoming, has been suspended as of October 2021 as well according to a report by AFAR.
EIA data show the U.S. manufacturing sector increasing energy efficiency and production
The U.S. manufacturing sector was using 26% less energy in 2018 to produce goods domestically than it was using in 1998, according to data from the U.S. Energy Information Administration’s (EIA) Manufacturing Energy Consumption Survey (MECS). The U.S. manufacturing sector’s gross output also increased 12% over the same period. “U.S. manufacturing is becoming more fuel efficient …
New Mexico school receives STEM tools from Devon Energy and others
Students at the Yarbro Elementary School in Lovington, New Mexico are stretching their imaginations in new and innovative ways with the opening of a science, technology, engineering and math (STEM) center thanks to help from Oklahoma energy firms. Devon Energy, the Cal Ripken, Sr. Foundation and ConocoPhillips teamed up to provide Lovington students with …
Boulder, Colorado to consider new set of oil and gas regulations
Considered to be one of Colorado’s most liberal cities, Boulder might soon create new regulations limiting how close oil and gas drilling can be to the city. The city’s existing moratorium on oil and gas activity will expire at the end of the month according to a report by the Daily Camera. Click here …
OGE’s $1 billion in storm costs to be considered by regulators
Oklahoma regulators will deal Thursday with a move by Oklahoma Gas and Electric to delay an immediate recovery of its $1 billion in February winter storm costs. Corporation Commissioners, in their 9:30 a.m. meeting will consider and possibly vote on OGE’s request for financial securitization of the winter storm costs. The utility made the …
Shell acquires solar and energy storage developer Savion, further expanding its global renewable power business
Fresh off its $9.5 billion sale of its upstream operations in the Permian Basin, Royal Dutch Shell Plc snatched up solar-power operator Savion LLC based in Kansa City. It’s seen as a significant expansion of Shell’s global solar portfolio as it made the acquisition from Macquarie’s Green Investment Group. The 100% buy was carried …
Oil prices slide—so do Oklahoma energy stocks
Another fall in crude oil prices was recorded Tuesday–their lowest mark in more than a week—after the International Energy Agency stated the omicron variant of COVID-19 would slow any recovery in crude oil demand. As a result, Oklahoma energy stocks didn’t do well either. The Paris-based IEA also issued its monthly report and cut …