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Pennsylvania pipeline capacity problem persists

(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…

Oklahoma blacklists 13 financial firms over ‘boycotts’ of energy industry

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…

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Pennsylvania pipeline capacity problem persists

(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…

Energy group: Biden policies sow seeds for ‘new energy crisis’

(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…

Oklahoma blacklists 13 financial firms over ‘boycotts’ of energy industry

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…

Supreme Court deals blow to oil companies by turning away climate cases

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…

Gianforte Touts Montana’s Business-Friendly Climate on Kalispell Visit

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 blue hydrogen hub to be operational by 2026 after agreement reached for Synfuels Plant

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…

ERCOT asked Texans to conserve power as electric grid again struggled to keep up with demand

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…

Wyoming Governor Cites “All the Above” Approach to Rebuild State’s Oil, Gas Sector

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…

Energy companies sue President for suspending oil and gas leases on federal land

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…

Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal

Warren Buffett’s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s Berkshire’s first major purchase since the coronavirus pandemic and subsequent market collapse in March. At his annual Read More…

Montana, North Dakota lawmakers to collaborate on radioactive oilfield waste problem

The debate over how to dispose of the Bakken’s radioactive oilfield waste has prompted a small group of lawmakers from North Dakota and Montana to start collaborating. The conversations come as Montana prepares to enact a formal rule capping the radiation level of oilfield waste disposed of at landfills in the state. Much of the Read More…

TWO PROMINENT WYOMING GAS DRILLERS IN FINANCIAL PERIL

A top financial ratings service has listed western Wyoming gas drillers Ultra Resources and Jonah Energy among issuers of “top bonds of concern” whose securities could face “imminent” default. Fitch Ratings named the two companies that operate in the Pinedale Anticline, Jonah Field and Normally Pressured Lance, or NPL Field in an April 13 report Read More…

Billings-area electric co-op rates compare well, at average usage, CEO says

Residential electric rates for one of Montana’s largest rural cooperatives compare well to NorthWestern Energy, when measured at the co-op customers’ average usage, says the co-op’s CEO. “We compete very well, actually,” Yellowstone Valley Electric Co-op CEO Brandon Wittman told MTN News. “So, is it fair to compare? It is, at the correct usage.” In Read More…

Montana apprenticeship program graduates first brewer

To celebrate his graduation, Nicholas Balcken will likely raise a glass — of Blackfoot River Brewing Company beer. On Friday, Balcken became the first participant in the Montana Registered Apprenticeship Program to receive a Professional Brewer Certificate. With this credential, the Blackfoot River Brewing Co. employee said, “I hope to be able to develop better beers and improve my Read More…

Oil wildcatter Harold Hamm to step aside at company he founded 52 years ago

Billionaire wildcatter Harold Hamm is stepping down as chief executive officer of Continental Resources Inc. and will become executive chairman of the shale-oil producer he founded over five decades ago. Board member William Berry will take over as CEO at the start of next year, according to a statement released Wednesday. Jack Stark, currently president Read More…

Where we are on the last day of COP25

Presented by the American Gas Association With help from Matt Daily, Zack Colman, Gavin Bade, Annie Snider and Anthony Adragna Editor’s Note: This edition of Morning Energy is published weekdays at 10 a.m. POLITICO Pro Energy subscribers hold exclusive early access to the newsletter each morning at 6 a.m. Learn more about POLITICO Pro’s comprehensive Read More…

EU weighs tariffs to enforce climate rules

Presented by the American Gas Association With help from Anthony Adragna and Annie Snider Editor’s Note: This edition of Morning Energy is published weekdays at 10 a.m. POLITICO Pro Energy subscribers hold exclusive early access to the newsletter each morning at 6 a.m. Learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and Read More…