The bankruptcy of a Colorado-based solar energy firm is hitting a Tulsa investment company to the tune of more than $23 million. Black Coral Capital and First Solar Distributed Generation LLC based in Tempe, Arizona are the holders of $23.37 million in secured debts of Clean Energy Collective LLC, a Louisville, Colorado company that …
A Democratic-leaning group demands an EPA official recuse herself from the agency’s oversight of methane gas because her family in Texas owns land where an Enbridge natural gas pipeline crosses. Anne Idsal runs the EPA’s Office of Air and Radiation. Valley Crossing Pipeline LLC, a wholly owned subsidiary of Enbridge, operates a 168-mile natural …
Wyoming regulators have approved the state’s first new coal mining operation in nearly half a century. The Department of Environmental Quality announced Tuesday it will issue a coal mining permit to Brook Mining Company LLC following years of internal review and public debate. The permit will allow the firm to mine for coal just …
The federal court order shutting down the Dakota Access pipeline owned by Dallas-based Energy Transfer is not only affecting the Texas company but some major energy firms in Oklahoma as well as firms with major operations in Oklahoma. Here’s why. Energy Transfer is the majority-owner but the pipeline is also owned by Phillips …
Not since March 6 have crude oil futures in the U.S. been as high as they were when trading finished Wednesday at just under $41 a barrel. Still not enough to give exploration and production companies a break-even point. Many consider it to be at least $50 a barrel before they can possibly start …
Even as Oklahoma Corporation Commissioners consider possible public hearings into a backlog of some 200 cases, they were told Wednesday that 9 employees of the agency are being monitored for COVID-19. The Commission’s Jim Thorpe headquarters building at the State Capitol has been closed to the public since the start of the pandemic but …
Transporters of natural gas in the eastern half of Oklahoma are not happy about it but Corporation Commissioners have approved a nearly $12 million increase in base rates for Oklahoma Natural Gas. That’s because eastern Oklahoma natural gas transporters will have to spend more money in getting their product to ONG customers. Marie Synar, …
Leading U.S. home solar installer Sunrun has agreed to acquire its biggest rival, Vivint Solar. Sunrun plans to buy Vivint Solar for an enterprise value of $3.2 billion, a price tag that rivals that of other high-profile clean energy acquisitions: Tesla bought SolarCity for $2.6 billion in 2016, while Google acquired Nest for $3.2 billion in 2014 reported Green Tech Media. …
Shareholders in Houston-based ConocoPhillips were informed Wednesday their investments are making a profit. The company announced a quarterly dividend of 42 cents a share. The dividend will be payable Sept. 1 to stockholders of record at the close of business on July 20, 2020. Shares in ConocoPhillips closed down 99 cents in Tuesday’s trading for a …
** Energy Secretary Dan Brouillette will be in San Antonio, Texas, on Thursday to meet with members of the region’s energy industry and to discuss the “current state of energy markets,” the Energy Department announced. ** Bayer stock tumbled on Tuesday, after a district judge hinted he would reject part of the company’s $10.9 billion plan to …