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EP Energy’s Plan of Reorganization Accepted by Texas United States Bankruptcy Court
March 20, 2020
EP Energy Corporation said that the United States Bankruptcy Court for the Southern District of Texas has confirmed the company’s plan of reorganization. The company expects to complete its financial restructuring process and emerge from Chapter 11 bankruptcy protection as
University of Wyoming Survey Shows Support for Oil, Gas, and Coal
March 19, 2020
Wyoming residents support natural gas and oil production at high levels, with renewable energy and coal production receiving lesser but still relatively strong support, initial results of a new survey show. Some 82.7 percent of Wyomingites support natural gas production,
Colorado Oil and Gas Conservation Commission Releases Proposed News Rules
March 19, 2020
The Colorado Oil and Gas Conservation Commission unveiled proposed new rules to bolster public protections from oil and gas development and enhance local governments’ role in the permitting process in accordance with Senate Bill 181. “SB19-181 changed the mission of
Crude Oil Prices Slump to Their Lowest in 18 Years as Opec+ Deluge Looms
March 19, 2020
Oil prices fell to their lowest in almost two decades today (March 18), with Brent crude dipping below $26 per barrel — the cheapest since the 2003 invasion of Iraq. According to Bloomberg, West Texas Intermediate crude fell as much
Impact to Alberta’s Oil and Gas Could Put Canada on Brink of Recession
March 19, 2020
The impact to Alberta’s energy sector due to COVID-19 and the oil price war could put the country on the “brink of recession,” the Conference Board of Canada said Tuesday in their spring outlook report. The board expects business investment
Energy Companies in Wyoming Intensify Response to Coronavirus Outbreak
March 19, 2020
Energy companies operating in Wyoming ramped up their response to the spread of the coronavirus, or COVID-19, on Monday, with some firms imposing self-quarantine protocols and travel restrictions. As the pandemic grows, the state’s leading industry is attempting to keep
Man Pleads Guilty in $10 Million Montana Coal Mine Fraud Scheme
March 19, 2020
A Virginia man has pleaded guilty to fraud after bilking a central Montana coal mine of more than $10 million in a five-year scheme. James Howard Boothe Jr. acknowledged his part in overbilling Signal Peak Energy for mining repairs and
Dominion Energy Commits $1 Million to Coronavirus Relief Efforts
March 18, 2020
The Dominion Energy Charitable Foundation is committing $1 million to aid COVID-19 relief efforts across the United States. The funds will support national organizations, such as the American Red Cross, as well as address local needs. “The health and well-being
Hess Reduces 2020 Capital and Exploratory Budget
March 18, 2020
Hess Corporation has released a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion. The company also entered into a new $1.0 billion three year term loan agreement. These
Eversource to Acquire Columbia Gas of Massachusetts’ Assets for $1.1 Billion
March 18, 2020
Eversource Energy has reached an agreement to purchase the Massachusetts natural gas assets of Columbia Gas for $1.1 billion from NiSource. The acquisition will bring Columbia Gas operations in Massachusetts under local ownership by the largest energy company in New
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