A Colorado judge has dealt a setback to residents of Longmont who are fighting to revive a fracking ban. The community group named Our Longmont attempted to re-examine the legality of municipal fracking bans after the Colorado legislature passed Senate Bill 181 which gave local governments the power to regulate the impacts of fracking. But …
At least one member of the board of directors at Oklahoma City-based Chesapeake Energy is taking advantage of the company’s low share prices. Thomas L. Ryan, a member of the board since 2013 acquired 200,000 shares of Chesapeake Energy stock over the weekend, according to a filing with the Securities Exchange Commission. He purchased the …
Three workers badly burned in explosions and a fire at a Wyoming oil field are hospitalized. It was near Carpenter, Wyoming where the incident happened last week according to the Associated Press. The workers were taken to hospitals in the capital of Cheyenne and across the border in Greeley, Colorado, after the blasts at …
Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. The volume of U.S. natural gas reported as vented and flared reached its highest-ever average annual level of 1.28B cf/day in 2018, the EIA says, adding that the percentage of …
The layoffs of hundreds of workers at Halliburton’s El Reno operations center last week are not the only ones to hit the Houston-based company. Halliburton is cutting more jobs in Bakersfield, Calfornia where 70 employees are being let go right before Christmas. Halliburton didn’t confirm any time for the layoffs but issued a statement. The …
The interstates will be void of Celadon trucks this week as the Indiana trucking giant declared bankruptcy, potentially leaving more than 3,200 drivers stranded away from home. Celadon grossed $1 billion in 2015 but plans to file bankruptcy on Wednesday. If so, it will be the largest truckload bankruptcy in U.S. history. A report by …
** University of Iowa officials will review four bids for a 50-year, multibillion-dollar deal to operate the school’s utilities system. ** A developer sues a mid-Michigan township after it adopted a 90-day moratorium effectively blocking a proposed 850-acre solar project. ** There is still hope for offshore wind in California, but development in the Southern part of the state is impeded by military considerations. …
The number of oil and gas rigs drilling for new sources of energy dropped again in the past week, both in Oklahoma and across the U.S. Oklahoma’s count slipped by one to 50 rigs compared to the 142 rigs active in the state last year at this time. The U.S. count dropped by three to …
Federal judges have made recent rulings affecting energy companies in Oklahoma and New Mexico. U.S. District Judge P.K. Holmes III of the Western District of Arkansas in Fort Smith ruled in a case involving a lawsuit filed by OK Foods, Inc. against Continental Carbonic Products, Inc. and electrical power provider AES Shady Point LLC. The …
Tulsa-based ONEOK has won federal approval of a move to transport more propane into the Midwest because of a shortage of the fuel. The Federal Energy Regulatory Commission has voted in support of two amendments to oil pipeline tariffs to accomplish the move. ONEOK North System won the go-ahead to transfer some of its allocated …