Jude Hislop

Study alleges harm from fracking chemicals with zero evidence

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Landmark EPA study says fracking has not led to “systemic contamination” of American drinking water supplies This week, researchers from Yale University released a study claiming that chemicals found in fracking fluids and wastewater could “possibly be associated with reproductive or developmental toxicity” in humans. The researchers analyzed certain chemicals that could possibly be used during fracking

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Plastic marine litter has huge impact on marine wildlife – study

News

Fishing gear like nets, fishing line and buoys pose greatest threat to marine wildlife, followed by plastic bags For the first time, scientists have quantified the impact of plastic waste and trash on marine wildlife around the world. The study found that nets, fishing line and buoys were found to pose the greatest overall threat to marine wildlife,

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Despite challenging regulations and renewables, public power outlook stable – Fitch

News

Declining cost curves for renewable energy present opportunities and risk for public power, electric cooperative utilities Municipal power utilities and electric cooperatives are well positioned to cope with near-term challenges including recently enacted carbon regulations, persistent rate pressures and long-term threats to the traditional utility model, according to Fitch Ratings’ 2016 Outlook report. The Environmental

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Suncor Energy and Canadian Oil Sands reach agreement to support acquisition

Energy Financial

Exchanging Suncor common shares for COS common shares will be taxable transaction for US federal income tax CALGARY, Alta – After a very public hostile takeover, Suncor Energy Inc. announced Monday that it has reached an agreement to buy all of the shares of Canadian Oil Sands Limited. Under the terms of the support agreement Suncor has

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Electricity use in Texas ERCOT region grows 2.2% in 2015, fueled by natural gas

News

Natural gas (48.3%) continues to be the dominant fuel used to generate electricity in ERCOT region followed by coal (28.1%) AUSTIN, Texas – A record-breaking summer, which brought a new all-time peak demand record approaching 70,000 megawatts, contributed to an increase in electricity use in the Electric Reliability Council of Texas (ERCOT) region in 2015.

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Invictus Energy receives $150M equity from Kayne Anderson

Energy Financial

Invictus formed to pursue lease and drill opportunities in North America HOUSTON, Texas – Invictus Energy, LLC has announced a $150 million equity commitment from Kayne Anderson Energy Funds and members of the management team.  Invictus is a newly formed independent oil and gas company headquartered in Houston, the company said in a press release. The

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Orbit Gulf Coast Exploration acquires Louisiana assets

News

Gulf Coast Western agreed to operate Louisiana-based Warhorse Oil and Gas development wells Dallas-based Gulf Coast Western, LLC says its subsidiary, Orbit Gulf Coast Exploration, LLC, has acquired substantially all of the assets of Lafayette, Louisiana-based Orbit Energy Partners, LLC. The acquisition includes proprietary rights and access to hundreds of square miles of 3D seismic data

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Matador Resources ups Permian Basin oil production 35% in 2015

Energy Financial

Compared to 2014, Matador’s 2015 Permian Basin oil production increased from 3.3 million b/d to 4.5 million b/d Even though oil prices plunged in 2015, like many oil and gas companies operating in the Permian Basin, Matador Resources increased its production last year. Matador Resources Company is focused on its Permian (Delaware) Basin operations in Southeast New

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Advanced nuclear power reactors get DOE investment, political support

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Moniz says Administration supports nuclear power generation “to power America for years to come” Energy Minister Ernest Moniz says the American government will spend up to $80 million to support research into advanced nuclear power generation in support of the White House’s goal to produce more “carbon-free energy.” The US Department of Energy (DOE) announced

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