BP sells remainder of San Juan Basin assets to European firm

BP American Production Co. confirms it has sold its share in the San Juan Basin of northern New Mexico and Southern Colorado to a European renewable energy company. But BP is not revealing the sale amount. The Durango Herald reports the BP sale was made to IKAV, a European energy company that specializes in wind …

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Oil and gas supported in northern Colorado counties

The efforts of environmentalists and others to put tighter restrictions on the oil and gas industry in Colorado have supporters concerned. In a recent editorial, the Greeley Tribune focused on the impact of two oil-active counties—Greeley and Weld. It noted that a year after the failure of Proposition 112 to create greater setbacks from residential …

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Solar panel junk to become a problem according to new study

A new study issues a warning about the growth of the solar industry and what to do with the growing waste from solar panels in the U.S. A study published in Scientific American and entitled “The Downside of Solar Energy” expressed concern over the photovoltaic modules and what happens to them at the end of …

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AEP to pull out of Clean Coal Coalition

Six months after the parent company of Public Service Company of Oklahoma came out publicly with support of the American Coalition for Clean Coal Electricity, the firm says it will not renew membership next year. The decision by American Electric Power Co. leaves the trade association without any utility members, according to a report by …

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Chemical plant fires still burn in South Texas

Fires are still burning at the Port Neches chemical plant and officials are warning area residents not to touch debris for fear it might contain asbestos. Officials are worried of possible asbestos exposure from debris blown by the explosion at the TPC plant. TPC officials say while the fires are still burning, they are contained. …

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Energy news in brief

** Montana Public Radio reports that Montana utility regulators say NorthWestern Energy must spend a minimum $3.2 million a year on removing trees near power lines. ** The Arizona Republic reports a state regulator proposes an independent investigation into Arizona’s largest electric utility over bad advice the company’s website offered customers. **  A report in the Casper Star-Tribune says …

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Oilman’s Boy Scout ranch mortgaged

The Boy Scouts of America organization has mortgaged one of its most spectacular properties, the vast Philmont Scout Ranch in New Mexico, to help secure a line of credit as the financially strapped organization faces a growing wave of sex-abuse lawsuits. The BSA said  that it has no plans to sell the property and that …

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Key Energy delisted on New York Stock Exchange

The New York Stock Exchange has suspended trading of Key Energy stock and delisted the stock after it failed to maintain an average market cap of at least $15 million over a consecutive 30 trading-day period. Leaders of the Houston, Texas company with operations offices in El Reno, Oklahoma City and Hennessey say they will …

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Regulators to consider rules changes for Oklahoma petroleum storage tanks

The Oklahoma Corporation Commission’s Petroleum Storage Tank Division is proposing changes to its rules and plans a public meeting this week at the State Capitol. The proposed rule changes are for Chapters 15, 25, 26, 27 and 29. They will be discussed at a technical conference to be held Tuesday, Dec. 3 at 1:30 p.m. …

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Kansas City energy projects come under FBI investigation

     The FBI investigation into two high-cost energy projects approved by the city council in Independence, Missouri is growing, according to a report by Kansas City TV KSHB. The tv station reported that council members Karen DeLuccie and Scott Roberson said two different FBI agents separately questioned them about two controversial projects: The demolition …

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