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North Dakota Oil Production Slips to No. 3 Behind New Mexico
September 20, 2021
North Dakota has officially lost its status as the nation’s second-biggest oil producer, but a new industry rapidly gaining momentum in the state has offset officials’ disappointment. In the last three weeks, State Mineral Resources Director Lynn Helms has heard
Coal Gets a Boost Amid Soaring Natural Gas Prices
September 20, 2021
Electric utilities are required by law to provide power as cheaply as possible. Over the last decade, market forces and climate policies have propelled utilities away from coal. But high natural gas prices are nudging more coal into the electricity
Summit Carbon Solutions Holds Series of Meetings for Its Carbon Capture and Storage Project, Iowa
September 20, 2021
Folks in Siouxland are learning more about what could be the largest carbon capture and storage project in the world. A company called Summit Carbon Solutions is holding a series of meetings across Iowa, including one in Sioux City that
U.S. Bureau of Land Management to Move Headquarters Back to Washington, DC
September 20, 2021
Interior secretary Deb Haaland said that the national headquarters of the Bureau of Land Management (BLM) will move back to Washington, DC, after it was relocated to Colorado, a reversal of a move by former President Donald Trump’s administration to
Pioneer Natural Resources’ Sustainability Report Targets Net Zero Ambition
September 17, 2021
Pioneer Natural Resources Company released its 2021 Sustainability Report, highlighting the company’s focus and significant progress on environmental, social, and governance (ESG) programs. The comprehensive report highlights the company’s net zero ambition by 2050 and enhanced emissions reduction targets for
Turkish Mining Company CS Global Group to Open Manufacturing Plant in Moundsville, W.Va.
September 17, 2021
A Turkish mining company that specialized in barite manufacturing and sales will open a manufacturing plant in Moundsville and create 47 full-time jobs. CS Global Group plans to invest $10 million in the facility that will be operational by the
Providence Energy and Oaktree Team Up to Launch Sierra Energy
September 15, 2021
Providence Energy and funds managed by Oaktree Capital Management have formed a new mineral and royalty acquisitions company, Sierra Energy Holdings, backed with $500 million in equity commitments. Sierra will pursue the acquisition of mineral and royalty interests throughout the
Gulf Coast Oil Companies Return to Ida Recovery as Nicholas Recedes
September 15, 2021
Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago. Nicholas, downgraded to a tropical depression late
Colonial Pipeline Partially Resumes as Nicholas Brings Rains and Wind
September 15, 2021
The largest U.S. fuel line resumed partial operations Tuesday as oil and gas facilities weathered hurricane Nicholas’ landfall in Texas, suffering less damage than in Hurricane Ida two weeks earlier. Rains, flooding and power outages affected Texas and Louisiana, which
Chevron Accelerates Lower Carbon Ambitions
September 15, 2021
Chevron Corp on Tuesday pledged to triple to $10 billion its investments to reduce its carbon emissions footprint through 2028, while saying it was not yet ready to commit to a 2050 net-zero emissions target. Oil producers globally are under
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