A transmission line to bring electricity powered by wind farms in eastern Colorado became operational this week providing electricity for the Denver area. Xcel Energy, the largest utility in Colorado announced completion and energization of the 345-kilovolt Pawnee-Daniels Park transmission line located near Brush, Colorado. The Pawnee-Daniels Park transmission line runs 125 miles between the …
The growing list of investors hesitant to put their money into the oil and gas industry now includes Energy Capital Partners LLC. The New Jersey based firm, with investments in crude oil pipelines and rail systems that feed the Cushing storage farm is pausing new pipeline deals, according to a Bloomberg report. The private-equity firm’s …
The Oklahoma Department of Transportation Commission has awarded $144 million in 36 contracts for highway repairs and improvements in 28 counties. Drivers should also get ready for more construction slowdowns on Interstate 35. Contracts were awarded for projects in Alfalfa, Blaine, Carter, Cleveland, Custer, Dewey, Garvin, Haskell, Johnston, Kay, LeFlore, Logan, Love, McClain, McCurtain, McIntosh, …
The Denver federal appeals court has ruled against a conductor who was injured on the job in Oklahoma while he worked for BNSF Railway company. George Ezell filed suit after he was injured in 2014 while inspecting 20 ballast-loaded railcars. He was instructed to climb railcar ladders to determine which cars were more than half …
The company building the proposed Grain Belt Express Clean Line Project to carry western Kansas wind-powered electricity to Illinois and Indiana is hoping its latest move will attract more support. Invenergy has launched an initiative to include an expansion of rural broadband service in northern Missouri. Invenergy said it would include broadband infrastructure along the …
Peak production of some of the major shale fields in the U.S. might be only a few years away, predicts shale pioneer John Hess. Speaking recently at the Argus Americas Crude Summit in Houston, Hess, CEO of Hess Corporation said he believes peak production in the Bakken might only be two years away. He said …
The oil and gas slowdown hits Oklahoma’s jobless rates as most counties saw increased numbers of unemployed in December 2019. The Oklahoma Employment Security Commission says rates were higher in 53 counties, lower in 13 counties and unchanged in eleven others compared to December 2018. Latimer County in the southeast had the highest December rate …
** Duke Energy Corp. says its two Carolinas utilities spent about $622 million on cleaning up their coal-ash operations from Oct. 1, 2018, to Sept. 30, 2019, with about $200 million going to North Carolina contractors. ** North Dakota’s largest coal plant “has operated at a significant financial loss,” but the owner says there are no plans to shut …
Oklahoma City-based Panhandle Oil and Gas says revenue from its oil and natural gas production in the first quarter dropped 38%, leading to net income of $12.7 million. The income resulted in 75 cents for each company share on total revenue of $26.3 million. Earnings before interest, taxes, depreciation and amortization fell from $14.5 million …
A new report by an environmental group claims ten refineries, most along the Gulf Coast are emitting benzene at high levels that are not illegal, but should require more pollution controls. One of the ten is a Holly-owned Permian Basin refinery in New Mexico, the same company with a refinery in Tulsa, Oklahoma. The Environmental …