Tallgrass Energy, LP has announced a binding open season to transport oil out of Wyoming to the McPherson refinery destination in Kansas. The Kansas City company is soliciting shipper commitments through its affiliate Tallgrass Pony Express Pipeline, LLC. The open season began Tuesday. Tallgrass Energy, LP is a midstream energy infrastructure company operating across 11 …
The federal government began a fraud investigation into coal company Blackjewel LLC prior to the company’s sale last week of two Wyoming coal mines, according to court documents. The document filed Saturday indicates the investigation also preceded Blackjewel’s July bankruptcy filing, The Casper Star-Tribune reports . Blackjewel owes the federal government about $50 million, court documents said. …
Oklahoma Attorney General Mike Hunter and oil companies say a new Washington state law aimed at improving the safety of crude shipped by oil is also likely to cause chaos in the nation’s transportation system and affect other industries. It was last week when Hunter led a legal effort to fight the Washington state law …
A 10th U.S. Circuit Court of Appeals judge has ruled against the Wichita and Affiliated tribes which was attempting to totally rid itself of a lawsuit filed over construction of a tribal history center in Oklahoma. Judge Michael R. Murphy, writing for the court ruled against the tribe’s motion for a summary disposition of the …
A Federal Jury has convicted a Montana businessman of conspiracy and violations of the Clean Air Act. Peter Margiotta, who is president, CEO and owner of Custom Carbon Processing, Inc. will be sentenced in January 2020. His firm is a slop-oil processing and recycling company near Wibaux. A fiery explosion and a fraudulent bill of …
(Courtesy of Rapid City Journal) Early preparations are getting underway in South Dakota and Montana for construction of the Keystone XL crude-oil pipeline. TC Energy, the Canadian firm wanting to build the line reported to a court in recent days that it will haul pipe, spray weeds and move work-camp modular housing in the two …
ConocoPhillips announced an increase in its quarterly dividend of 38 percent, to 42 cents per share. This represents an annualized increase in the dividend of approximately $500 million. The dividend is payable Dec. 2, 2019, to stockholders of record at the close of business on Oct. 17, 2019. The company also announced that it expects to repurchase $3 billion of its shares in 2020. …
Two new major pipelines put into service to move more crude out of the Permian Basin apparently have not had a major impact on efforts to increase U.S. crude exports. Bloomberg News reports the U.S. Census Bureau said exports averaged 2.73 million barrels a day in August, up just 40,000 barrels from a month before. …
One national environmental group plans to conduct a yearlong study of methane emissions in the Permian Basin in Texas and New Mexico. The group is the Environmental Defense Fund says its goal is to obtain a definitive picture of the air impacts caused by drilling in the 86,000-square-mile Permian Basin. The data will be made publicly …
The New Mexico Supreme Court last week denied a Santa Fe-based clean energy group’s petition to declare certain provisions of the state’s new Energy Transition Act unconstitutional. New Energy Economy and other groups have argued the new law — designed to move public utilities and rural electric cooperatives away from coal and toward renewable and …