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Energy News

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  • Ducey questions Arizona Corporation Commission's moves with utilities
    by Patrick O'Grady on June 18, 2019 at 9:06 pm

    Arizona Gov. Doug Ducey is questioning moves by the Arizona Corporation Commission that he says go beyond its utility ratemaking authority, including the commission's ability to set a renewable energy standard. Ducey initially questioned regulators investigating utilities' policies and procedures for shutting off power to residents who fall behind in their bills during the summer, but expanded to the state's renewable energy standards the ACC implemented 13 years ago, according to Capitol Media […]

  • New Texas law could result in stiff jail sentences, fines for pipeline protesters
    by Jessica Corso on June 18, 2019 at 7:44 pm

    Texas Gov. Greg Abbott signed a bill recently that could result in stiff jail sentences for those who damage pipelines or interrupt their construction, effective Sept. 1. The law makes it a felony punishable by 180 days to two years in state jail to trespass on or interrupt operations at a critical infrastructure site. The offense could also come with a $10,000 fine. Those found damaging critical infrastructure, including by closing a pipeline valve, could face a third-degree felony with a ja […]

  • First look: After raising $60M, RigUp settles into new HQ
    by Brent Wistrom on June 18, 2019 at 7:34 pm

    Out in the oil and gas fields, an open flame or a pumping derrick is your cue that a company has likely tapped a powerful resource. In the startup world, a Form D filing with the U.S. Securities and Exchange Commission tends to be one of the most visible indicators that a tech company is onto something — or at least has won the support of serious investors. And, on that front, RigUp, an Austin-based company with a marketplace where oil and gas outfits can quickly find qualified workers, has been […]

  • Zachry Group awarded Exxon chemical plant construction project
    by Kyle R. Cotton on June 18, 2019 at 7:26 pm

    San Antonio-based Zachry Group and it's partner Mitsubishi Heavy Industries America Inc. have been awarded a contract to build a two-train polyethylene unit as part of a new Corpus Christi-area chemical complex. The Gulf Coast Growth Ventures project is a joint venture between Exxon Mobil Corp. (NYSE: XOM) and state-run Saudi Basic Industries Corp. "We are pleased to be selected by GCGV to contribute our expertise to the project," said Ralph Biediger, Zachry Group projects group president. "T […]

  • EQT CEO: Management team has momentum ahead of important shareholder vote
    by Paul J. Gough on June 18, 2019 at 6:15 pm

    McNally said operationally the company has been building on its success. […]

  • Texas wind farm enters service smaller than originally planned
    by Joshua Mann on June 18, 2019 at 6:10 pm

    The new wind farm is covered by tax incentives and power purchase agreements with corporate buyers. […]

  • Colorado firm continues to consolidate energy tech business with Mass. company
    by Greg Avery on June 18, 2019 at 5:41 pm

    Tendril, which makes software that tracks and manages electricity usage, this week revealed it bought FirstFuel Software, a Lexington-based company that makes customer-engagement software for power utility companies. […]

  • Marcellus Shale Coalition sends their own letter to the governor
    by Luke Torrance on June 18, 2019 at 5:31 pm

    After a letter signed by 800 residents was sent to Gov. Tom Wolf, asking for the state to investigate a possible link between shale gas drilling and childhood cancer, an organization representing the natural gas industry has sent a letter of their own. The Marcellus Shale Coalition, which is based in Pittsburgh, sent a letter to Wolf on Monday urging him to "reject [the] ridiculous request" to shut down shale gas drilling until its health impacts are studied. "Fundamentally, it is shameful to […]

  • Longtime Alabama Power Co. board member stepping down
    by Ty West on June 18, 2019 at 4:45 pm

    A longtime member of Alabama Power Co.'s board of directors is stepping down. Whit Armstrong is stepping down from the board after serving for 37 years for the Birmingham-based utility, according to Alabama Newscenter. Armstrong is managing member of Creeke Capital Investments LLC, and previously served as president, CEO and chairman of the board for Enterprise-based The Citizens Bank and its holding company, Enterprise Capital Corp. Inc. “Whit brought tremendous value to Alabama Power and our […]

  • Ecology & Environment looks to put struggles in rearview mirror
    by Dan Miner on June 18, 2019 at 4:41 pm

    The third-quarter was "a difficult one" for Ecology & Environment, according to its executive chairman, but necessary to reconcile structural and regulatory issues. The Lancaster-based environmental services firm lost $1 million in the last quarter, compared to a net income of $100,000 in the same period last year. Until May of this year, Ecology & Environment had failed to file its last annual report and the first- and second-quarter reports of its 2018-19 fiscal year, following the discovery […]