Oklahoma City’s Chesapeake Energy is among those firms mentioned in a report about the weekend expiration of the U.S. Antitrust Criminal Penalty Enhancement and Reform Act. The law lengthened criminal antitrust penalties and also offered companies such as Chesapeake to report price-fixing. The law was enacted in 2004 and Chesapeake Energy is among those who …
The Kansas Corporation Commission has opened an investigation into an agreement between Evergy Inc. and investor Elliott International. According to a news release from KCC spokeswoman Linda Berry, there are concerns about how the agreement could negatively affect Kansas electric customers. Evergy and Elliott came to an agreement in March after months of …
A district court judge in Hutchinson, Kansas has ruled against NextEra Energy in its fight to begin building a new wind farm to be located between Hutchinson and Wichita. The Reno County judge recently ruled on a key element in a lawsuit filed by NextEra Energy over the denial of a permit for its …
** Houston pipeline operator Enterprise Products Partners will have to renegotiate with a Brazoria County landowner after a Texas appeals court ruled it couldn’t use eminent domain to cheaply acquire land for a planned pipeline. ** Enbridge has partially reopened the Line 5 pipeline in the Straits of Mackinac after shutting it down due to “significant damage” to an anchor support. …
Millions of acres of wetlands and hundreds of thousands of stream miles that have been regulated by the federal government for more than four decades are as of Monday officially outside the scope of federal reach as the Trump administration’s new definition of Waters of the U.S. takes effect in 49 states. In an …
A Lovington trucking company planned to appeal fines it was issued by New Mexico’s Oil Conservation Division (OCD) after allegations that the company dumped produced water from a truck onto State Trust land in a remote area of Lea County. The civil penalty marked the first issued by the State after the OCD was granted …
We’ve already seen oil and gas companies writing down millions of dollars on their assets as they continue to be hit by the COVID-19 pandemic and now a new analysis suggests those write-downs will grow into hundreds of billions of dollars. It’s what a new Deloitte analysis suggests as the shale sector enters what …
The U.S. Supreme Court is expected to hear another pipeline legal fight this week, days after it came out with a ruling in support of a 600-mile natural gas line under the Appalachian Trail in Virginia. On Thursday, the justices will consider whether to grant or deny review or seek input of the Justice …
The idea of oil tanker pirates might be closer to the U.S. after the State department recently warned of pirates in the Gulf of Mexico. Yes, the Gulf of Mexico. Recall if you will these recent headlines and dates. Jul 2, 2019 – Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers. Aug …
Houston’s EOG Resources and the state of New Mexico announced successful results of a joint pilot project aimed at reduction of methane gas flaring from the state’s oilfields. EOG, a firm with extensive drilling operations in Oklahoma worked with New Mexico’s Oil Conservation Division, according to a report by the Carlsbad Current-Argus. Flaring, or …
