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…
An electric utility company is closing two coal-fired power plants by next year, citing economic conditions. Dayton Power & Light, a subsidiary of utility giant AES Corp., announced on Monday the closure of the J.M. Stuart and Killen generating stations, following a monthslong review of the plants. They are the latest in a string of Read More…
The head of the Environmental Protection Agency (EPA) said Thursday that he does not believe carbon dioxide is a “primary contributor” to climate change. “I think that measuring with precision human activity on the climate is something very challenging to do and there’s tremendous disagreement about the degree of impact. So no, I would not Read More…
Talen Energy is pushing Montana lawmakers for a tax break worth millions to keep two units of the coal-fired Colstrip power plant open, with one Republican leader saying Tuesday the units could close within the year without some form of assistance. House Speaker Austin Knudsen, R-Culbertson, said the $10 million coal severance tax reduction proposed Read More…
There has been a sudden surge in job openings in the Bakken – particularly for hydraulic fracturing and completion crews – as companies ramp up to put more wells on line in the first half of 2017, reports Oil Patch Hotline. Pay scales are running between $16 and $30 an hour. The number of job Read More…
Billings-based GTUIT, LLC announced that the firm has been providing Liberty Resources, LLC natural gas liquids (NGL) recovery and flare reduction services since June 2016. GTUIT has provided up to 4,500 MCFD of processing capacity at four well locations. GTUIT’s gas processing helps Liberty Resources reduce air emissions and meet the State of North Dakota Read More…
Ultra Petroleum Corp. has reached an agreement to settle a $303 million breach of contract claim by Rockies Express Pipeline LLC’s (REX) and its operator, Tallgrass Energy Partners, LP. The company said Tuesday that the settlement will be submitted to the U.S. Bankruptcy Court for approval and will be implemented in connection with Ultra’s chapter Read More…
Renewable energy and Wyoming jobs received a boost Wednesday as the Bureau of Land Management (BLM) approved the first 500 wind turbines for the Chokecherry Sierra Madre (CCSM) Wind Energy Project. The BLM action followed the U.S. Fish and Wildlife Service (FWS) Record of Decision (ROD) indicating that it would issue an Eagle Take Permit Read More…
The Wyoming Department of Environmental Quality (DEQ), Storage Tank Program (STP) reported the highest underground storage tank (UST) operational compliance rates in the country to the United States Environmental Protection Agency (USEPA) during federal fiscal year 2016. STP regulates the installation and operation of regulated storage tank systems (such as gas stations) and oversees cleanup Read More…
Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market. Futures rose as much as 2.8 percent after adding 45 percent last year, the biggest annual gain since 2009. Officials from Oman and Kuwait told Read More…
A Montana company has been granted a license to build a $1 billion, 400-megawatt power storage project in the central part of the state that would supplement electricity from wind turbines and other sources, according to documents released Thursday by federal regulators. The 50-year license from the Federal Energy Regulatory Commission allows Absaroka Energy, Read More…
President-elect Donald Trump has promised to “save” America’s coal country and put long-suffering miners back to work. From KTVQ
U.S. officials cancelled 15 oil and gas leases on Wednesday in an area bordering Glacier National Park that’s considered sacred to the Blackfoot tribes of the U.S. and Canada. The cancellation was aimed at preserving the Badger-Two Medicine area, a largely-undeveloped, 130,000-acre wilderness that is the site of the creation story for members of Montana’s Read More…
CorEnergy Infrastructure Trust (CORR) has announced that a subsidiary of Ultra Petroleum has agreed to assume the lease on its Pinedale Liquids Gathering System without amendment, through a motion filed today in bankruptcy court. CORR is the first publicly listed real estate investment trust focusing on energy infrastructure. According to the CORR website, the Pinedale Read More…
Microsoft Corp. has announced its largest wind power deal to date: 237 megawatts (MW) that will power their data center outside of Cheyenne. This will bring Microsoft’s total investment in wind energy projects to more than 500 MW. This deal will combine a 178 MW from the Bloom Wind project in Kansas with a long-term Read More…
For the first time since March of 2014, oil production in the state of North Dakota has slipped below the one million barrel a day mark. The latest production figures out this week show that in August, North Dakota production slipped to 981 thousand, 39 barrels per day. That represents a drop of some 49 thousand barrels per day, compared to July’s Read More…
General Electric Co. plans to buy a maker of wind-turbine blades for $1.65 billion, bolstering the renewable-energy business amid growing demand for clean power. The deal for Denmark-based LM Wind Power will enhance GE’s ability to serve customers in the onshore and offshore wind markets, the companies said Tuesday in a statement. LM Wind Read More…
As Dakota Access Pipeline opponents fanned out and stopped construction at multiple sites again Thursday, Oct. 6, the Morton County sheriff said he has assigned more resources to the area and will call in deputies from other states if necessary to respond to simultaneous protests. “We have basically tapped the resources to a level Read More…
Construction work on the Dakota Access Pipeline is nearly completed along the North Dakota portion of the project route. The September construction report from Dakota Access LLC, a partner of Energy Transfer Partners LP, shows that 87 percent of the project has been completed in the state through the end of the month. This Read More…
Billings-based GTUIT, LLC has earned the 203rd position on Inc. magazine’s 2016 Inc. 500 list of fastest-growing private American companies with a three- year revenue growth rate of 1,894%. For 35 years, Inc. has tracked the fastest-growing private companies which have included firms like Microsoft, Under Armor, Oracle and Yeti Cooler. GTUIT stands out because Read More…
Wyoming’s unemployment rate fell in August for the first time in 18 months, the Department of Workforce Services reported Tuesday. The shift from 5.7 percent unemployment in July to 5.5 percent last month is not a statistically significant drop, but it offers hope that the state economy is stabilizing. Natrona County had the fourth-largest decrease Read More…
Members of the Chippewa Cree Tribe gathered along the bank of the Missouri River in Great Falls on Tuesday evening to show their support for the Standing Rock Sioux Tribe in North Dakota. The group is joining in protest of the multi-billion dollar Dakota Access Pipeline that would cross the Missouri River several times across Read More…
Not long after it became clear that the robust winds that blow down from the Rocky Mountains and across the sea of sagebrush here could produce plenty of profit in a world that wants more renewable energy, some of the more expansive minds in the Wyoming Legislature began entertaining a lofty question: Who owns all Read More…
BILLINGS, Mont. – Residents of an eastern Montana city are being asked to limit their water use so one of the largest coal-fired power plants in the western U.S. can continue to safely operate. Colstrip Mayor John Williams asked the city’s 2,300 residents to minimize their use of water for sprinkling and irrigation through the Read More…
HOUSTON—Continental Resources Inc., North Dakota’s second-largest oil producer, posted a quarterly loss on Wednesday that missed Wall Street’s expectations because of the slump in crude prices. The loss is an example of the difficulty facing the oil industry as it seeks to offset the period of low prices. Many companies have slashed costs to survive. Read More…