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Biden Calls for Higher Fees for Oil and Gas Leasing on Federal Land, Stops Short of Ban
November 29, 2021
The Biden administration on Friday recommended an overhaul of the nation’s oil and gas leasing program to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and water. The long-awaited
American Petroleum Institute Releases Statement on DOI Oil and Gas Leasing Review
November 29, 2021
The American Petroleum Institute (API) issued the following statement from Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola on the publication of the Department of the Interior’s review of the federal oil and gas leasing program. “During
West Virginia Treasurer Riley Moore Puts Banks on Notice for ‘Woke Capitalism’
November 29, 2021
State Treasurer Riley Moore is leading West Virginia and a coalition of states to put banks on notice for playing politics with taxpayer dollars. In a press release and video released Monday, Moore and financial officers in 15 other states
Biden Facing Renewed Criticism for Cancelling Keystone XL Pipeline Amid Energy Crisis
November 29, 2021
President Biden is facing fresh criticism for his decision to cancel the Keystone XL Pipeline with lawmakers from both sides of the aisle suggesting he endangered U.S. energy security. The backlash comes as Biden tapped the U.S. Strategic Petroleum Reserve
Happy Thanksgiving, We Are Grateful for Your Business
November 24, 2021
We are grateful for your business and thank both advertisers and readers for playing a pivotal role in our growth. We appreciate your continued support. We launched Mining Connection in September 2009 at the start of an eight year battle
Fifteen States Threaten to Cut Off Banks that Refuse to Service Coal, Oil Industries
November 23, 2021
A coalition of financial officers from 15 states sent a letter to the U.S. banking industry on Monday warning they plan to take “collective action” against banks that adopt corporate policies to cut off financing for the coal, oil, and
Genesis Energy Divests Stake in Cameron Highway Oil Pipeline System for $418 Million
November 19, 2021
Genesis Energy has closed on the sale of a 36 percent minority equity interest in its Cameron Highway Oil Pipeline System (CHOPS) to an undisclosed financial party at an 8/8ths valuation of $1.16 billion, which results in gross proceeds to
ExxonMobil Lays Groundwork for Carbon Storage Project at Offshore Auction
November 19, 2021
ExxonMobil on Wednesday offered to lease 500,000 acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions. Under pressure by investors to address climate change, Exxon in April floated an
XENDEE and a Department of Energy National Laboratory to Test Microgrid Control System
November 19, 2021
As part of a U.S. Department of Energy (DOE) funded Distributed Energy Resource Management System (DERMS) project, XENDEE Corporation and a DOE national laboratory have selected a secure location to test their Model Predictive Control System. The Positronix™ Model Predictive
PCT, Nano Gas Technologies Unveil Patent-Pending Technology Set to Change the Oil and Gas Industry
November 19, 2021
PCT Ltd. and Nano Gas™ Technologies have launched a joint patent-pending technology that has been designed to provide an eco-friendly solution for the oil and gas industry. Testing has been ongoing for many months using PCT’s Catholyte with excellent results
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