A federal judge on Wednesday ordered the U.S. Army Corps of Engineers to conduct a full environmental review of the Dakota Access pipeline, nearly three years after it began carrying oil despite protests by people who gathered in North Dakota for more than a year. U.S. District Judge James Boasberg wrote that the easement approval …
California-based Chevron Corp. , whose upstream arm is based in Houston, has joined a growing list of oil and gas producers that have announced multibillion-dollar cuts for the year. Chevron is shedding 20 percent of its capital expenditure budget for 2020, landing at $16 billion for the year, according to a March 24 press release. …
The $2 trillion plan to help the ailing U.S. economy because of the coronavirus pandemic did not include help for the oil industry. But it could be included in future help offered by Congress. Specifically, the plan to purchase 77 million barrels of crude oil for the nation’s Strategic Petroleum Reserve was removed from …
The price of oil rose again on Wednesday but less than half a dollar a barrel. Trading saw a second day of at least one major oil company’s shares climbing significantly. West Texas Intermediate crude rose 48 cents before ending the day at $24.49 a barrel, a change of 2 percent. Brent crude in London …
In an emotional speech Wednesday on the Senate floor, Oklahoma U.S. Senator James Lankford again was critical of Democrats for delaying votes on a $2 trillion coronavirus aid package. “Why in the world are we holding up small businesses and holding up checks to individuals and cutting off support for nonprofits because we’re thinking about a few things like …
The closing of another coal-fired power plant across the U.S. this week highlights what is happening to the coal mining industry. The Associated Press reported what it means to those who work in the coal mining industry. When coal-burning plants close, coal mining loses its best customer. Since 2010, 500 coal-burning units, or boilers, at …
** White House energy adviser Mike McKenna exited his job Tuesday, according to a statement issued late that day. ** Water utilities are urging Congress to provide financial relief to offset the economic impacts of the COVID-19 pandemic. ** Energy industry groups and labor interests this week urged the Supreme Court to overturn a decision blocking a natural …
Environmental efforts across the U.S. to ban plastic bags might be growing especially in the coronavirus pandemic. As more Oklahomans and others across the U.S. resort to certain foods and other necessities being shipped to their doorsteps, they’re finding more paper surrounding their purchased products. New Hampshire Governor Chris Sununu announced last week that reusable …
Efforts to extend tax credits for the wind and solar industries did not make it into the $2 trillion emergency coronavirus relief package. Democrats had sought to include them as negotiations stalled over the weekend, sparking anger and frustration from Republicans including Oklahoma U.S. Sen. James Lankford who took to the Senate floor this week …
Despite the dramatically low oil prices, oil and gas developers bid on 72% of the nearly 119,000 acres of public land in Wyoming in this week’s first quarterly lease sale. Some bids were as low as $2 per acre according to results posted on EnergyNet, a digital marketplace. The bids represented about 72,000 out …
