Jigar Shah to Run Energy Loan Office
The U.S. Energy Department has appointed Jigar Shah, a clean-power pioneer who helped bring solar into the mainstream, to run the loan-program unit that backed Tesla Inc. and failed solar manufacturer Solyndra.
House Panel Considers Rural Energy Aid Bill
Legislation meant to assist rural electric cooperatives was scheduled for consideration by the U.S. House Energy and Commerce Committee on Sept. 9.
‘Canada’ Is Becoming a Dirty Word in the Oil Patch
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.
Report Urges Trucking Regulators to Evaluate Fuel-Efficiency, GHG Emissions Standards
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.
Energy Transfer Is Back to Dealmaking With SemGroup Buy
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.
Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever
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.
22 States Sue Trump Administration Over New Coal Rules
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to ease restrictions on coal-fired power plants, with California’s governor saying the president is trying to rescue an outdated industry.
Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed
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.
Mammoth Energy Services Expands Operations
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.
US Cuts 2018 Crude Production Forecast Amid Lower Prices
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.