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FORT WORTH, Texas, July 20, 2021 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of July 30, 2021 and payable on August 13, 2021 in the amount of $735,116.19 ($0.060425 per Trust Unit), based principally upon production during the month of May 2021.
LANCASTER, Pa., July 20, 2021 /PRNewswire/ -- New Energy Blue announced its planned construction in Iowa of a biomass refinery designed to produce renewable carbon-negative automotive fuel, which replaces gasoline.
(The Center Square) – Thermal imaging captured last month at two gas wells deep in the Allegheny National Forest show emissions escaping into the atmosphere from the oft-neglected sites, said the environmental group responsible for the footage.
DENVER and HOUSTON, July 8, 2021 /PRNewswire/ -- Hawkwood Energy LLC ("Hawkwood"), an independent exploration and production company, announced today that is has entered into definitive agreements to be acquired by WildFire Energy I LLC ("WildFire"), an independent energy platform company. The transaction attributes an enterprise valuation to Hawkwood of approximately $650 million. Following the transaction Hawkwood's existing shareholders will retain a ~50% equity interest in WildFire, alongside ~50% held by WildFire's management team and private equity sponsor Kayne Anderson.
(The Center Square) – Monthly energy bills in Wyoming are the second most expensive in the U.S., according to a new WalletHub study.
ST. PAUL, Minn., July 8, 2021 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), the nation's leading agribusiness cooperative, today released results for its fiscal third quarter ended May 31, 2021. The company reported net income of $273.6 million compared to $97.6 million in the third quarter of fiscal year 2020, an increase of 180.2%. Significant year-over-year earnings growth in all business segments – Energy, Ag and Nitrogen Production – and Corporate and Other businesses each contributed to the increase.
HOUSTON, July 7, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release second quarter 2021 results for the period ended June 30, 2021 on Tuesday, August 3, 2021 after the U.S. financial market closes. In addition to this release, Talos will host a conference call, which will be broadcast live over the internet, on Wednesday, August 4, 2021 at 10:00 AM Eastern Time (9:00 AM Central Time).
HOUSTON, July 7, 2021 /PRNewswire/ -- KBR (NYSE: KBR) announced today the appointments of Carlos A. Sabater and Lt. General Vincent R. Stewart, USMC (Ret.) to its Board of Directors effective June 30, 2021.
HOUSTON, July 7, 2021 /PRNewswire/ -- Oasis Midstream Partners LP (NASDAQ: OMP) ("OMP", the "Company" or the "Partnership") today announced that Bighorn Devco LLC ("Bighorn"), a wholly-owned subsidiary of OMP, is commencing a binding open season for the Johnson's Corner Gathering System Project ("Project"), a crude oil gathering pipeline system to be constructed in McKenzie County, North Dakota. The Project is a 7-mile, 8-inch diameter pipeline connecting the South Nesson field development with the existing Johnson's Corner Pipeline.
DALLAS, July 2, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.278250 per unit, payable on July 29, 2021, to unit holders of record on July 15, 2021. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/. Additionally, printed reports can be requested and are mailed free of charge.
(The Center Square) – Supporters of the proposed Orphaned Well Cleanup and Jobs Act of 2021 see the bill as a necessary step as the oil and gas industry declines, but oil and gas representatives say the industry is growing, not dying.
ERIE, Pa., June 29, 2021 /PRNewswire/ -- Erie Insurance is sharing tips for new RVers in light of industry data showing RV ownership is at a record high and almost a third of owners are new. According to a study by the RV Industry Association, RV ownership rose more than 62% over the past 20 years. A record 11.2 million households own RVs, and almost a third (31%) are first-time owners.
CHICAGO, June 29, 2021 /PRNewswire/ -- Hecate Energy announced that on June 25, 2021 it completed its previously announced transaction with global energy company Repsol to acquire a 40% stake.
(The Center Square) – New data from the Texas Workforce Commission show that Texas upstream oil and natural gas employment expanded by 1,600 jobs in May, continuing a recovery that began last October.
ALBUQUERQUE, N.M., June 24, 2021 /PRNewswire/ -- A new company, Breeze, is using existing oil and gas pipelines for electricity generation with compressed air pipeline systems (CAPS). The compressed air will spin the turbines at the power plant to generate electricity.
(The Center Square) – Wyoming Gov. Mark Gordon expressed his content on Wednesday after a federal judge blocked the Biden administration’s moratorium on new federal oil and gas leases.
(The Center Square) – Kansas' oil and gas industry suffered during the pandemic. Now that the industry is slowly rebounding, many are having difficulty finding qualified workers.
(The Center Square) – The Minnesota Court of Appeals on Monday affirmed the state’s Public Utilities Commission approval of the Line 3 Replacement Project.
(The Center Square) – Arizona Treasurer Kimberly Yee is threatening to pull taxpayer funds from any bank that heeds the Biden administration’s calls to refuse loans to the fossil fuel industry.
(The Center Square) — Wyoming's mining industry lost 4,900 jobs — a 25.3% reduction — from March 2020 to March 2021, according to a recent report by the Wyoming Economic Analysis Division.
(The Center Square) – Electric vehicles’ biggest supporter of late has been President Joe Biden, who has stressed the vehicles as a central part of his efforts to address climate change. But critics question the economic and environmental impact of that transition.
(The Center Square) – The state Senate is now taking up the Texas Energy Independence Act, designed to stop what proponents say is overreach by the federal government in the wake of executive orders President Joe Biden has issued impacting the oil and gas industry.
(The Center Square) — Despite the nation’s largest pipeline being back up and running following a cyber attack last week, more than 15,600 gas stations are still without gas as of Thursday.
(The Center Square) – A battle over the Line 5 pipeline is dividing Democrats and unions who say Gov. Gretchen Whitmer’s push to shut down the pipeline would immediately slash 1,200 union jobs.
(The Center Square) – Gov. Brian Kemp has signed an executive order halting Georgia's fuel tax in response to the temporary shutdown of the Colonial Pipeline.
(The Center Square) – Gas stations in multiple U.S. states began to run out of gas after Georgia-based Colonial Pipeline, the nation’s largest pipeline, fell victim to a cyberattack over the weekend.
BATON ROUGE, La. - Gov. John Bel Edwards will travel to Washington for a Thursday morning address before the U.S. Senate Energy and Natural Resources Committee about recent federal offshore and gas developments.Governor's office said Tuesday Edwards will "address the adverse impact that a protracted moratorium on mineral leases in the Gulf of Mexico will have on Louisiana’s economy."
(The Center Square) – March saw the largest single month-over-month gain in a decade of Texas upstream oil and natural gas sector jobs, a report by the Texas Workforce Commission shows.
At the quarterly Montana oil and gas lease sale held on September 1, there were 16 tracts totaling 7,071.02 acres that went for auction.
Environmental activist groups who attacked oil and gas companies for receiving COVID-19 relief accepted millions in paycheck relief loans, according to government documents released earlier this month.
The Department of Energy will rent space to oil producers to store their surplus crude amid a decrease in demand linked to the coronavirus pandemic.
A federal judge on Friday upheld the Trump administration’s decision to repeal an Obama-era rule that established standards for hydraulic fracking on federal land.
Judge Laurie Selber Silverstein signed an order authorizing Furie Operating Alaska LLC to enter into an acquisition by foreclosure agreement with Kachemak Exploration LLC on Feb. 21 in the U.S. Bankruptcy Court for the District of Delaware.
WASHINGTON – The Navajo Generating Station will shut down for good in a matter of days, the plant’s owners announced this week, once the plant burns through its remaining supply of coal.
A bill to halt oil and gas development via a 10-mile exclusionary zone surrounding Chaco Culture National Historical Park drew opposition from local residents and the representative governments located nearby at a subcommittee hearing yesterday.
The Interior Department requested last week that a federal circuit court allow it to revise environmental reviews of oil and gas leases sold in 2015 and 2016 in Wyoming, Utah and Colorado.
The Bureau of Land Management had a record year for revenues from onshore oil and gas lease sales, as well as production in 2018, according to data released by the agency this week.
The rural region connecting eastern Utah and western Colorado are home to abundant natural gas supplies that promise to compete in global markets and deliver climate benefits along the Pacific Rim yet depend on completion of proposed infrastructure projects, according to a new report. The an…
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerou…
Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a B…