CMS Energy buys major stake in Texas wind project

CMS Energy has announced that it has purchased a majority stake in a 525-megawatt wind project in West Texas, Kallanish Energy reports. Aviator Wind in Coke County near Abilene will be operated by CMS Enterprises, a subsidiary of Michigan-based CMS Energy. It purchased the majority stake from funds managed by Ares Management Corp.’s Infrastructure and

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Antero says production grew by 9% in 2Q

Antero Resources has reported a GAAP net loss of $463 million or $1.73 per share in the second quarter 2020, Kallanish Energy reports. That compares to a net income of $42 million or 14 cents per share in 2Q 2019. The company has not curtailed any prediction due to the coronavirus pandemic and resulting low

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Judge orders Dakota Access shut down for environmental review

A federal judge has ordered that the Dakota Access oil pipeline be temporarily shut down by Aug. 5 for an in-depth environmental review of the project, Kallansh Energy reports. That order came from U.S. District Judge James Boasberg in what was a major setback for the Trump administration and the controversial pipeline and a major

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Canada Supreme Court backs pipeline project

Canada’s Supreme Court has dismissed an appeal from British Columbia First Nation groups against expanding the Trans Mountain oil pipeline, Kallanish Energy reports. The court in Ottawa, Ontario, has dismissed appeals from four First Nation groups, effectively ending the year-long legal battle over the project. The court gave no reason for its decision. Work has

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US gas storage build exceed expectations

U.S. natural gas storage build surpassed expectations rising by 120 billion cubic feet (Bcf) in the week ending June 19, according to data from the U.S. Energy Information Administration (EIA). The latest estimates, covering the week of 12-19 June, pointed to a storage level of 3,012 Bcf. The volume is 32.5% higher than the same

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US LNG exports to face 40-45 cargo cancellations in August

U.S. liquefied natural gas (LNG) exporters could see the cancellation of an estimated 40-45 cargos for August loading, similar to levels reported for July loadings, Kallanish Energy reports. Citing unnamed sources, Reuters reported earlier this week Cheniere is likely to see 30 cargos canceled, while up to 10 shipments could be canceled from the Freeport

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Pa. charges Cabot with 15 environmental violations

Pennsylvania Attorney General Josh Shapiro on Monday announced that a state grand jury has charged Cabot Oil & Gas in connection with 15 environmental crimes in northeast Pennsylvania, Kallanish Energy reports. The company was charged with seven counts of prohibition against discharge of industrial wastes, seven counts of prohibition against other pollutions, and one count

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Trump administration change aids renewable projects

The Trump administration provided a major boost to developers of renewable energy, in the wake of the coronavirus pandemic, Kallanish Energy reports. The U.S. Treasury Department and the Internal Revenue Service last week issued a Notice 2020-41 to provide tax relief to affected taxpayers involved in solar and wind projects by extending the safe harbor

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Largest New Jersey solar facility is operational

New Jersey’s largest solar facility is now in operation. The 28.5-megawatt facility in located on Naval Weapons Station Earle in Tinton Falls, New Jersey, Kallanish Energy reports. The facility on 170 acres was designed and built by CS Energy LLC. with headquarters in Edison, New Jersey. It is owned by Vitol Green Holdings, Ben Moreell

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US rig count drops an additional 17 rigs: BH

The number of drilling rigs in the United States continued to plummet, Kallanish Energy reports. The total dropped by 17 in the count released last Friday by Baker Hughes, the Texas-based well services company. There were 301 rigs at work in the U.S., down from 318 on May 22. A year ago, there were 984 rigs at work. That

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Appeals court blocks Keystone XL construction

A federal appeals court has refused to lift the ruling of a Montana federal judge that blocks construction on the Keystone XL oil pipeline. That ruling could add a new delay for the $8 billion pipeline project from western Canada to the U.S. Midwest, Kallanish Energy reports. TC Energy, the Canadian company behind the pipeline,

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Williams to add solar to gas processing, pipelines

U.S. pipeline operator Williams plans to add solar power at natural gas-processing plants and natural gas pipeline facilities in nine states, Kallanish Energy reports. The move is made possible by generous federal and state tax credits, the Oklahoma-based company said. The company plans to add mini-solar farms ranging in size from 1 megawatt to 40

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FID postponed on $6B Ohio ethane cracker

A final investment decision on a proposed $6 billion ethane cracker complex in eastern Ohio has been postponed to 2021 due to the coronavirus pandemic, Kallanish Energy reports. That announcement came from PTT Global Chemical America in a May 20 report in The Nation, an English-language newspaper in Bangkok, Thailand. That report was tracked down

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BP America taps David Lawler as new chief

David C. Lawler is adding to his titles at BP America, Kallanish Energy reports He is currently the CEO of BPX Energy and will become chairman and president of BP America on July 1, succeeding retiring Susan Dio. He will remain as CEO of BPX Energy. “Beyond a track record of delivering strong safety, environmental

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NextEra Energy to sell equity units

NextEra Energy Inc. announced this week it intends to sell $2.5 billion of equity units in the Florida-based electric utility parent, Kallanish Energy reports. Each equity unit will be issued at $50. Each unit will consist of a contract to purchase NextEra Energy common stock in the future and a 5% undivided beneficial ownership interest in a

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