Environmentalists are fighting the January sale of oil and gas drilling leases in New Mexico and Texas by the Bureau of Land Management. They filed written protests of the Jan. 14, 2021 auction of 6,442 acres in the Permian Basin located in the two states. The Carlsbad Current Argus reports WildEarth Guardians, the Center for …
Set in stone—new Colorado rules requiring a 2,000 foot drilling setback from homes and schools. The Colorado Oil and Gas Conservation Commission finalized the rule changes this week in a move that it indicated was to prioritize public health and safety and the environment when it comes to deciding whether to approve oil and …
Bankrupt Chesapeake Energy Corp. and Tulsa’s Williams Cos. have reached an agreement to allow treatment and movement of its natural gas in the Lower 48. The gas gathering agreement with Williams will allow Chesapeake to continue to have an outlet for its gas production from the Midcontinent, the Eagle Ford, Haynesville and Marcellus shales …
** Some of the largest biofuels companies plan to ask Biden to impose a nationwide standard to reduce carbon emissions from transport fuels, Reuters reports, citing five sources familiar with the matter . ** The industrial slowdown spurred by the coronavirus pandemic has not curbed the record levels of greenhouse gases, according to a new report from the World …
The U.S. Army Corps of Engineers this week approved federal permits for Canada’s Enbridge Inc. to go ahead with its Line 3 crude pipeline replacement project. The line moves crude from Alberta’s oil hub to Midwest refiners in the U.S. and the approval of the permits will allow replacement construction that’s been delayed for …
Why did energy stocks make such large leaps in Monday’s trading? Analysts give much of the credit to news of more coronavirus vaccine development. Stocks continued shooting up in Tuesday’s trading and one explanation said it happened based on the hopes that vaccines will do something to diminish the large amount of stored crude …
As more and more gas and oil pipelines are threatened by environmental activists, courts and state governments, Oklahoma Congressman Markwayne Mullin says it could be only the beginning under a Biden administration. And he warns the oil and gas industry needs to be aware of it. “I feel like they’re going to attack the …
As crude oil futures rose to a 3-month high in Monday’s trading because of high hopes the potential COVID-19 vaccine will help turn the world’s economy around, Oklahoma energy stocks rebounded with huge steps. West Texas Intermediate crude didn’t hit the high. Instead it slipped 2 cents and settled at $43.04 in Monday’s trading. …
Leaning on a long list of former Obama administration officials, President-elect Joe Biden on Monday announced nominations for top national security positions and also named former Secretary of State John Kerry to be his climate czar. Kerry will officially become a special presidential envoy on climate. He will not need U.S. Senate confirmation for …
ONEOK, Inc. has not only been included in the Dow Jones Sustainability World Index and Dow Jones Sustainability North America Index but the Tulsa-based company has been named the DJSI Industry Leader for Oil and Gas Storage and Transportation. It was ONEOK’s first inclusion in the DJSI World Index, where it is currently the only North …