Community solar bill killed by New Mexico State House

New Mexico state House members don’t support development of what are called community solar projects and recently rejected such a bill. By a vote of 36-28, the New Mexico House came out against expansion of access to solar energy in the state, according to a  the New Mexico Political Report. Community solar projects, also referred …

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Dividend declared by Halliburton

Halliburton Company announced that its board of directors has declared a 2020 first quarter dividend of eighteen cents ($0.18) a share on the Company’s common stock payable on March 25, 2020, to shareholders of record at the close of business on March 4, 2020. The Company’s annual meeting of shareholders will take place on May …

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Energy news in brief

** Great River Energy says decisions on the future of North Dakota’s largest coal plant will be made later this year. A municipal utility in southeastern Minnesota prepares to demolish a former coal plant that shut down in 2016. ** A Navajo company agrees to waive its sovereign immunity in Wyoming, which allows state regulators to oversee two mines it recently acquired. ** The shutdown …

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Layoffs hit Colorado oil and gas company

  Denver’s Extraction Oil and Gas Inc. announced the layoff of 20% of its workforce while the oil and gas industry suffers a slowdown. The 20% equates to about 60 workers from the company’s downtown headquarters and field operations in the D-J Basin. “We reorganized our workforce into a more streamlined structure that better matches …

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Few changes in rig counts across Oklahoma and the U.S.

Rig counts held steady in Oklahoma and across the U.S. over the past week.  Figures from Baker Hughes Co. showed Oklahoma continued with 50 active rigs, a far cry from the 119 active rigs reported a year ago. Across the U.S. the count remained at 790, still 261 below the 1,051 rigs reported last year …

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Boulder, Colorado to drop business with firms invested in oil and gas

Insurance companies with business investments in oil and gas are being targeted by county commissioners in Boulder, Colorado, a city known for its environmental and progressive political activism. If they don’t make the check list, they’ll be eliminated from county business. Boulder County proclaimed it plans to screen insurance companies it does business with to …

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Public forum to be held by DEQ in Oklahoma

Members of Oklahoma’s Environmental Quality Board want to hear from the public about any number of things related to the state’s environment. They’re planning to hold a public forum on Feb. 21 following a regular business meeting at the DEQ’s headquarters in downtown Oklahoma City. The exact start time of the public forum isn’t known …

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New Mexico coal plant investors are criticized

Plans to improve the San Juan coal plant in northwest New Mexico and use carbon capture to make it a clean operation are being criticized in a new report. Investors in Enchant Energy’s project are being told the company is underestimating the cost of the project and could be at risk for up to $450 …

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Wyoming’s governor vows to protect oil and gas and coal

  While environmentalists are applying more pressure to convince state leaders to eliminate fossil fuel and coal-mining operations, Wyoming’s Gov. Mark Gordon is pushing back. In his recent State of the State address, Gov. Gordon told legislators the state has enough savings to take time about future spending cuts as revenue declines from fossil fuels. …

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State Street’s share of Chesapeake Energy

As oil and gas companies file their required annual reports of investment firms controlling some of their shares, Chesapeake is one of the latest. Its’ filing with the Securities and Exchange Commission focuses on State Street Corporation, which has shared dispositive power over 104,751,590 shares in the Oklahoma City company. The Boston, Massachusetts-based firm also …

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