Governor Greg Gianforte and the Montana Chamber of Commerce will host the 2nd Annual Big Sky, Bright Future Economic Summit on Thursday, October 16, in Bozeman, bringing together business leaders, policymakers, and energy experts to focus on the theme of unleashing American-made energy in Montana. “With rising demand on our energy grid, Montana must continue Read More…
(The Center Square) – The U.S. Department of Energy will be returning to American taxpayers $13 billion in “unobligated wasteful spending” that was originally intended for former President Joe Biden’s climate agenda. In response, Larry Behrens from Power the Future told The Center Square that “by returning $13 billion, the Department of Energy under President Read More…
Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. (Nasdaq: NWE) said their boards of directors have unanimously approved a definitive agreement to combine in an all-stock, tax-free merger. The deal will create a regulated electric and natural gas utility company with an estimated market capitalization of $7.8 billion and an enterprise value of Read More…
(The Center Square) – The U.S. Department of the Interior on Tuesday approved expansion of coal mining in Montana, marking the second largest coal expansion since President Donald Trump took office in January as 33.75 million tons of federal coal will be recovered, 300 jobs ensured, and a million homes powered by the decision. The Read More…
Governor Greg Gianforte and the Montana Chamber of Commerce will host the 2nd Annual Big Sky, Bright Future Economic Summit on Thursday, October 16, in Bozeman, bringing together business leaders, policymakers, and energy experts to focus on the theme of unleashing American-made energy in Montana. “With rising demand on our energy grid, Montana must continue Read More…
(The Center Square) – The U.S. Department of Energy will be returning to American taxpayers $13 billion in “unobligated wasteful spending” that was originally intended for former President Joe Biden’s climate agenda. In response, Larry Behrens from Power the Future told The Center Square that “by returning $13 billion, the Department of Energy under President Read More…
Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. (Nasdaq: NWE) said their boards of directors have unanimously approved a definitive agreement to combine in an all-stock, tax-free merger. The deal will create a regulated electric and natural gas utility company with an estimated market capitalization of $7.8 billion and an enterprise value of Read More…
(The Center Square) – The U.S. Department of the Interior on Tuesday approved expansion of coal mining in Montana, marking the second largest coal expansion since President Donald Trump took office in January as 33.75 million tons of federal coal will be recovered, 300 jobs ensured, and a million homes powered by the decision. The Read More…
The Wyoming Department of Environmental Quality (DEQ) has awarded the 2025 Excellence in Mining Reclamation Award in the coal category to the Buckskin Mine for its outstanding work restoring native sagebrush habitat in Campbell County. The award, which recognizes exceptional achievements in mine reclamation, will be officially presented during the 69th Annual Wyoming Mining Association Read More…
(The Center Square) – The Trump administration is continuing to reverse Biden administration energy policies, including its moratorium on new oil and natural gas lease sales on federal land and offshore waters. In response to President Donald Trump’s executive order, “Unleashing American Energy,” Interior Secretary Doug Burgum issued an order to reduce regulatory burdens and Read More…
The U.S. Interior Department announced Friday that it is opening the public comment process for a new five-year offshore oil and gas leasing program, potentially paving the way for expanded drilling in the Arctic and other previously restricted areas. The move is part of the Trump administration’s broader push to boost domestic energy production. The Read More…
Black Hills Corp. (NYSE: BKH) announced it will release its first-quarter 2025 financial results after market close on Wednesday, May 7, 2025. The company will host a live conference call and webcast the following day, Thursday, May 8, at 11 a.m. EDT to discuss its earnings and operational highlights. Investors and analysts who wish to Read More…
Hank’s Reno Junction Travel Plaza sits at the busy intersection of Wyoming Highways 387 and 59, making it a strategic stop for travelers, truckers and coal miners working at the nearby North Antelope Rochelle Mine. When Peabody Energy announced Tuesday it planned to ramp up production at the mine, Hank Pridgeon — the namesake of Read More…
The U.S. Federal Trade Commission has taken a preliminary step toward potentially reversing boardroom restrictions imposed on Chevron and Exxon Mobil as part of their recent major acquisitions, signaling a shift from policies enacted under the Biden administration. The restrictions, which were key conditions for approving the oil giants’ multi-billion-dollar mergers, barred specific executives from Read More…
(The Center Square) – A North Dakota jury on Wednesday found environmental activist group Greenpeace liable for hundreds of millions of dollars in damages for its activities related to protests of construction of the Dakota Access Pipeline. Dallas-based Energy Transfer sued Greenpeace over the sometimes violent protests that delayed construction of the pipeline by five months, costing the Read More…
(The Center Square) – A bill preventing future presidents from unilaterally banning hydraulic fracking is on its way to the Senate after passing the House 226-188 Friday. Sixteen Democrats joined all Republicans in voting for the Protecting American Energy Production Act, which will block future bans on hydraulic fracking without congressional approval, if enacted. “When Read More…
The North Dakota Department of Commerce announced today that 10 businesses have been approved for a combined total of $6,628,000 in loans through the North Dakota Development Fund, Inc. (NDDF). The funding aims to drive economic growth, create jobs, and address critical community needs across the state. “The NDDF is dedicated to fostering growth by Read More…
lack Hills Corp. (NYSE: BKH) announced today that its board of directors declared a quarterly dividend during a meeting held on October 28, 2024. Common shareholders on record as of the close of business on November 18, 2024, will receive a dividend of $0.65 per share, payable on December 1, 2024. Additionally, the company confirmed Read More…
(The Center Square) – Tens of millions of federal tax dollars are coming to Illinois to further support Rockford’s electric grid. During an event in front of a banner saying “Biden-Harris Administration; Investing in America,” Gov. J.B. Pritzker announced the $50 million in federal tax funds coming to the community to help achieve his “ambitious Read More…
Governor Greg Gianforte joined community leaders today to announce a $700 million investment aimed at enhancing affordable and reliable energy in Montana through the North Plains Connector Interregional Innovation project. This initiative will establish the first high-voltage transmission line connecting Montana’s eastern and western power grids. “Access to affordable and reliable energy is a top Read More…
(The Center Square) – Short on the heels of another major refinery closure, Valero signaled it is considering closing its two California refineries that produce over 14% of the state’s gasoline. Refinery closures already have the state importing 8% of its gasoline supply, which means the state could soon have to significantly increase its imports Read More…
In July, GTUIT was awarded two significant patents that enhance its gas processing capabilities. The first patent, 12,025,373, titled “System and Method for Treating Associated Gas,” is central to GTUIT’s innovative technology. It features a liquid chiller designed to maintain a stable thermal reservoir, allowing for consistent treatment of associated gas, even amid rapid fluctuations Read More…
NorthWestern Energy has formally requested approval from Montana regulators to raise rates for its electric and natural gas customers, marking its first rate adjustment petition since its last review two years ago. NorthWestern Energy submitted its proposal to the Montana Public Service Commission (PSC) for an interim rate increase. The initial request outlines a $2 Read More…
Governor Greg Gianforte recently attended the reopening ceremony of Big Sky Decon in Belgrade, highlighting Montana’s resilient economy and the ingenuity of its entrepreneurs. “Montana’s economy continues to thrive despite challenges like inflation and workforce pressures resulting from policies at the federal level,” Governor Gianforte remarked. “I was pleased to visit Big Sky Decon in Read More…
(The Center Square) – Vermont is the first state to enact a law requiring the fossil fuel industry to pay for “climate change cost recovery.” The bill became law without Republican Gov. Philip Scott signing it. In a May 30 letter to the Vermont General Assembly, he explained why. “Vermont – one of the least Read More…
(The Center Square) – A federal judge handed a win to oil and natural gas companies operating in western states by upholding the first lease sales of the Biden administration on federal land in western states. After the Bureau of Land Management conducted an extensive environmental assessment, it authorized lease sales on federal land in Read More…
(The Center Square) – Summit Carbon Solutions will get another chance at a carbon pipeline in North Dakota after a ruling by the state’s public service commission. State rules supersede local zoning ordinances based on changes made in 2019, said Randy Christmann, chairman of the North Dakota Public Service Commission. “I know it may not Read More…
(The Center Square) — Pennsylvania’s influence on national and global energy markets has grown in recent decades, but oil and natural gas advocates warn that could change. The American Petroleum Institute’s annual State of American Energy address focused on production, national security, and improving infrastructure. “We produce more energy than any country in the world,” Read More…
(The Center Square) – Federal policies must focus on strengthening American energy independence, the American Petroleum Institute emphasized Wednesday at its annual State of the American Energy conference. API CEO Mike Sommers and Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer blasted the Biden administration over what they called its “short-sighted” energy Read More…
Reactions to a new documentary on how the federal government and environmental groups deny that offshore wind is killing whales reflects a problem some residents in Wyoming say is happening with wind projects in the Cowboy State. “Many wanted to believe we could consume more and more energy, and renewable energy was all green. Nothing Read More…
Oklahoma’s treasurer announced that the state will stop doing business with more than a dozen financial firms over accusations that they “boycott” the energy industry. Oklahoma Treasurer Todd Russ revealed the list of blacklisted firms on Wednesday and emphasized that they will end up losing access to billions of dollars from government entities as a result of the judgment. The Read More…
One of my 2023 energy predictions was “Total U.S. oil production will again rise, and set a new annual production record.” The previous annual record was set in 2019 at 12.3 million barrels per day (bpd). By the end of 2022 monthly production was just about back to that level following the devastating impact from Covid-19 in Read More…
The Supreme Court on Monday allowed lawsuits brought by municipalities seeking to hold energy companies accountable for climate change to move forward in a loss for business interests. The court turned away oil company appeals in five cases involving claims brought by cities and municipalities in Colorado, Maryland, California, Hawaii and Rhode Island as part of efforts to Read More…
At a Sept. 14 Kalispell Chamber of Commerce, Convention and Visitor Bureau luncheon at the Hilton Garden Inn, Gov. Greg Gianforte promoted Montana as a competitive business state while emphasizing its economic resiliency during the pandemic. Gianforte spoke following a visit with GL Solutions, a software company that recently relocated to Kalispell from Bend, Oregon, Read More…
North Dakota witnessed a 5 percent drop in its oil and gas production this past July, the result of a series of outages at five natural gas plants in the state. Natural gas processing plants at Bear Creek, Lonesome Creek, Robinson Lake, Tioga, and Watford City were offline during various times in July, due to Read More…
A hydrogen hub is on the horizon for the Bakken, in about half the time it usually takes, according to a release from Bakken Energy. The infrastructure development company announced Monday, Aug. 16 that an agreement has been reached with Basin Electric Cooperative to purchase the assets of the Dakota Gasification Company, which owns Read More…
For the first time since the pandemic began, Montana’s oil industry is seeing renewed activity. In August, two drillling rigs set up shop in eastern Montana. Both are horizontal rigs targeting oil production for Kraken Oil & Gas. It’s been more than 16 months since Montana reported any oil rig activity along the western edge Read More…
Contango Oil & Gas will purchase all Wyoming natural gas assets owned by ConocoPhillips, the company revealed Thursday. The acquisition comes as ConocoPhillips moves to sell off some of its oil and gas assets and Contango looks to continue expanding its operations in Wyoming. The $67 million deal will transfer approximately 446 billion cubic feet Read More…
Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards. Last month, Singer’s hedge fund Elliott Management urged the utility to split its $78 billion electric-and-gas empire into three companies — an unusual proposal in an era of consolidation that a few analysts variously Read More…
Texas’ main power grid struggled to keep up with the demand for electricity Tuesday, prompting the operator to ask Texans to conserve power nearly two months after catastrophic power outages left millions without electricity for days. The Electric Reliability Council of Texas said it does not expect customer power outages like those caused in February’s Read More…
It wasn’t the first time a Montana coal mine had gone bankrupt, but Decker Coal’s reason for calling it quits had never been stated so plainly. There are no longer customers lined up at Decker’s door for Montana coal. Detroit-based energy company DTE no longer needed the 2.5 million tons of coal it Read More…
Reeling from the effects of the pandemic, the oil industry is in no mood to fool around. When newly inaugurated President Joe Biden canceled the Keystone XL pipeline project, refiners on the Gulf Coast shuddered. How would they get the Canadian oil they needed? But when President Biden paused all oil and gas permitting on federal lands Read More…
Wyoming Gov. Mark Gordon is pushing to build up the state’s economic recovery through proposals and initiatives that he said would add value to the agriculture, tourism, and energy sectors. Taking an “all the above” approach, Gordon said he would seek to further bolster Wyoming’s energy and mining sectors. The governor supports bills allowing severance Read More…
A group of companies involved in the exploration and production of oil and natural gas, is challenging President Biden’s executive order that would stop future land leases for those businesses. The Western Energy Alliance (WEA) filed a complaint against the Biden Administration in U.S. District Court in Cheyenne, Wyoming on Wednesday. The suit names the President, Acting Read More…