Western Energy News

$9.5 billion merger creates oil and gas powerhouse in Texas

OIL AND GAS: Two Texas energy companies join forces in a $9.5 billion deal to become the biggest oil and gas producer in the booming Permian Basin. (New York Times)

ALSO:
• Texas regulators want to reduce well-testing requirements to save the industry $52 million a year. (UPI)
• Texas’ chief oil and gas regulator is honored by the industry she regulates. Environmentalists call the move “unseemly” but not surprising. (Austin American-Statesman)
• Residents of a northern Colorado town worry noise from a proposed natural gas processing plant will disrupt their tranquil farming community. (Greeley Tribune)
• A northern Colorado city establishes a 350-foot setback requirement for new residential and commercial developments near oil and gas sites. (Boulder Daily Camera)
• Texas’ governor presses India to increase shipments of liquefied natural gas produced in the Lone Star state. (Houston Chronicle)

***SPONSORED LINK: Be impacted and inspired! Join Enbridge, Markwest, Crestwood Midstream, Jordan Cove LNG and others for Kinetic’s 2018 Women’s Leadership Initiative, April 11-12 in Houston. Full agenda and registration here.***

POLICY: Oklahoma lawmakers avert a teacher strike by approving a package of tax hikes on oil and gas production, cigarettes and fuel. (Reuters)

SOLAR:
• Utah’s governor signs two bills that provide new tax credits to the solar industry and impose new disclosure requirements. (Utility Dive)
• Utah solar companies support the new disclosure law, which they say will help weed out bad actors in the booming industry. (Salt Lake Tribune)

WIND:
• Facing proposed tax hikes on multiple fronts, the Oklahoma wind industry tries to rally support from state lawmakers. (The Oklahoman)
• A utility seeks guarantees from Oklahoma regulators that it can recover costs from ratepayers for a $4.5 billion wind project. (Bloomberg)
• A Danish manufacturer is awarded a contract to supply turbines for a 135 MW wind project in Texas. (ReNews)
• A 200 MW wind farm is commissioned in central Texas. (Renewables Now)

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ELECTRIC VEHICLES: Colorado researchers develop wireless technology that might someday be used to charge electric vehicles while driving. (CU Boulder Today)

UTILITIES: An Oklahoma electricity provider lowers customers’ bills as natural gas prices decline. (The Oklahoman)

 

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