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U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

Based on data in EIA’s Monthly Energy Review, energy-related carbon dioxide (CO2) emissions decreased by 11% in the United States in 2020 primarily because of the effects of the COVID-19 pandemic and related restrictions. U.S. energy-related CO2 emissions fell in every end-use sector for the first time since 2012. Within the U.S. power sector, emissions […]

Read More U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

Texas Freeze Raises Cost Of Charging A Tesla To $900 | OilPrice.com

By Charles Kennedy – Feb 16, 2021, 12:00 PM CST The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for charging a Tesla. The typical full charge of a Tesla costs around $18 using a Level […]

Read More Texas Freeze Raises Cost Of Charging A Tesla To $900 | OilPrice.com
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Permian Highway Pipeline now in service | KOSA

ODESSA, Texas (KOSA) – The Permian Highway Pipeline has begun full commercial in-service to start the new year. According to Kinger Morgan Inc., the pipeline began full service on January 1. It will deliver natural gas to Katy, Texas, with connections to markets along the Gulf Coast and in Mexico. The pipeline aims to help […]

Read More Permian Highway Pipeline now in service | KOSA
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The Best-Performing Energy Companies Of 2020 | Forbes

It was a brutal year in the energy sector in 2020, but there were a few bright spots. Robert Rapier In 2020, the energy sector got hit with the triple-whammy of a price war between Saudi Arabia and Russia, demand destruction as a result of the Covid-19 pandemic, and perceptions that oil is about to […]

Read More The Best-Performing Energy Companies Of 2020 | Forbes

Oil edges higher, but posts 20% annual drop in tumultuous 2020 | Reuters

Global crude prices edged higher on Thursday but lost more than a fifth of their value in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and sent oil markets reeling. — Read on http://www.reuters.com/article/us-global-oil/oil-edges-higher-but-posts-20-annual-drop-in-tumultuous-2020-idUSKBN295044

Read More Oil edges higher, but posts 20% annual drop in tumultuous 2020 | Reuters
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Shale oil slump burns private equity interest – Argus

Private equity (PE) investors are accelerating a shift away from the US shale oil sector amid diminishing returns caused by the Covid-19 pandemic. Over the past decade, private equity firms have poured tens of billions of dollars into the US oil and gas industry, especially as the shale revolution gained full steam. Their funding helped […]

Read More Shale oil slump burns private equity interest – Argus
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US to try another Middle East reset under Biden | Argus Media

The foreign policy professionals US president-elect Joe Biden has picked for top positions in his administration have outlined plans for a less muscular, less prominent US role in the Middle East. Former deputy secretary of state Tony Blinken will be Biden’s nominee to lead the State Department, while former State Department policy planning chief Jake […]

Read More US to try another Middle East reset under Biden | Argus Media
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Minnesota regulators approve permits for Enbridge pipeline | Star Tribune

By MIKE HUGHLETT , STAR TRIBUNE November 12, 2020 – 8:09 PM Minnesota agencies on Thursday granted environmental permits for Enbridge’s proposed oil pipeline across northern Minnesota, critical approvals needed for construction to begin soon on the controversial $2.6 billion project. The Minnesota Pollution Control Agency (MPCA) approved permits dealing with water-quality and wetland issues […]

Read More Minnesota regulators approve permits for Enbridge pipeline | Star Tribune
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Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (“Contango”) (NYSE American: MCF) and Mid-Con Energy Partners, LP (“Mid-Con”) (NASDAQ: MCEP) today announced they have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil […]

Read More Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base NYSE:MCF | Global Newswire

North Dakota oil production swells as wells go back online | Star Tribune

The steep oil price drop in the spring caused a big dip in production, but the industry is back to more normal levels. North Dakota’s oil output soared 14% in August as more wells shut down earlier in the spring because of the coronavirus crisis came back online. “It is nice to note that we […]

Read More North Dakota oil production swells as wells go back online | Star Tribune