Government, Technology, Equipment

House Panel Considers Rural Energy Aid Bill

Power lines in rural Indiana Rural areas would have a more direct path to grants and assistance from the Department of Energy under the EASE Act. (Chris Marshall/Getty Images)

Legislation meant to assist rural electric cooperatives was scheduled for consideration by the U.S. House Energy and Commerce Committee on Sept. 9.

Eugene Mulero | Senior Reporter
September 8, 2020
Government, Business, Fuel

‘Canada’ Is Becoming a Dirty Word in the Oil Patch

A machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation in Colorado A worker climbs down a from a machine that mixes sand and water before it is pumped underground during a hydraulic fracturing operation at an Encana Corp. well pad near Mead, Colo., on March 25, 2014. (Associated Press/Brennan Linsley)

Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

Kevin Orland | Bloomberg News
October 31, 2019
Government, Business, Fuel

Report Urges Trucking Regulators to Evaluate Fuel-Efficiency, GHG Emissions Standards

Trucks fuel up at a Pilot Flying J Drivers fuel their trucks at a Pilot Flying J in Shepherdsville, Ky. Improving fuel efficiency is an important step in meeting climate goals, the National Academy of Sciences report said. (John Sommers II for Transport Topics)

A new study by the National Academy of Sciences urges federal regulators to conduct an “interim evaluation” of the federal medium- and heavy-duty truck Phase 2 greenhouse gas and economy rule with an eye toward more stringent standards.

Eric Miller | Senior Reporter
October 24, 2019
Business, Fuel

Energy Transfer Is Back to Dealmaking With SemGroup Buy

Pipelines in Oklahoma Pipelines run near oil storage tanks at the Enbridge Inc. Cushing storage terminal in Cushing, Okla., in 2015. (Daniel Acker/Bloomberg News)

U.S. pipeline giant Energy Transfer agreed to acquire rival operator SemGroup Corp. for about $1.35 billion in a stock and cash deal, building out billionaire Kelcy Warren’s empire even as investors demand financial discipline.

Rachel Adams-Heard | Bloomberg News
September 16, 2019
Government, Business, Fuel

Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

Suncor Millennium upgrader plant at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada The Suncor Millennium upgrader at the Athabasca Oil Sands near Fort McMurray, Alberta, Canada, on Sept. 10, 2018. (Ben Nelms/Bloomberg News)

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.

Michael Bellusci | Bloomberg News
August 14, 2019
Government, Business

22 States Sue Trump Administration Over New Coal Rules

coal power plant with sunrise in background in Wyoming The Dave Johnson coal-fired power plant is silhouetted against the morning sun in Glenrock, Wyo., on July 27, 2018. (Associated Press/J. David Ake)

SACRAMENTO, Calif. — A coalition of 22 Democratic-led states sued the Trump administration Aug. 13 over its decision to ease restrictions on coal-fired power plants, with California’s governor saying the president is trying to rescue an outdated industry.

Don Thompson and Adam Beam | Associated Press
August 13, 2019
Government, Business, Fuel

Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed

Trucks transporting oil exit a Valero facility Luke Sharrett/Bloomberg News

Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that still won’t be enough to meet climate goals, according to a forecast from energy and maritime services company DNV GL Group AS.

Kelly Gilblom | Bloomberg News
September 10, 2018
Government, Business, Fuel, TCA

Mammoth Energy Services Expands Operations

Mammoth workers Cobra workers in Puerto Rico (Mammoth Energy Services Inc. via Youtube)

One of Oklahoma’s fastest-growing companies, Mammoth Energy Services, continued to expand in the second quarter, buying up two more companies and securing new contracts throughout the country.

Adam Wilmoth | The Oklahoman
August 9, 2018
Government, Fuel

US Cuts 2018 Crude Production Forecast Amid Lower Prices

Oilfield pumpjacks Al Seib/Los Angeles Times

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

Meenal Vamburkar | Bloomberg News
July 11, 2017
Business, Fuel

Shell Mulls LNG-Hub Network as Use by Trucks Expands

UPS freight UPS Inc.

Royal Dutch Shell, the oil company that spent more than $50 billion to buy natural-gas producer BG Group, is looking to expand demand for the fuel in transport to ensure its output is consumed.

Rakteem Katakey | Bloomberg News
July 11, 2017