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Author Archives: Ben Karkela

Idaho House approves oil and gas regulation bill

Idaho House approves oil and gas regulation bill

BOISE, Idaho (AP) — The Idaho House on Monday approved legislation aimed at speeding up natural gas and oil production by changing the industry’s deadlines and decision-making process. Senate Bill 1339 would make the Idaho Department of Lands responsible for initial oil and gas decisions, while allowing the Oil and Gas Conservation Commission to oversee and reverse such decisions. It ...

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Phillips 66 agrees to pay $16K for undisclosed mailers

Phillips 66 agrees to pay $16K for undisclosed mailers

SACRAMENTO, Calif. (AP) — The oil company Phillips 66 is agreeing to pay $16,000 to California’s campaign finance watchdog after secretly paying for 17,000 mailers in 2012. An agreement released Monday shows attorneys for the Fair Political Practices Commission found Phillips 66 avoided disclosing its role by passing payments between two organizations. The $41,000 was eventually used to send campaign ...

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Palo Verde nuke plant sets power output record

Palo Verde nuke plant sets power output record

WINTERSBURG, Ariz. (AP) — The Palo Verde Nuclear Generating Station west of Phoenix broke its own output record last year and for the 24th time was the highest-producing power plant in the nation. The triple-reactor plant operated by Arizona Public Service Co. and owned by APS and several other utilities churned out 32½ million megawatt-hours of electricity in 2015. APS ...

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Volkswagen official urges US to consider fallout of fines

Volkswagen official urges US to consider fallout of fines

BERLIN (AP) — The head of Volkswagen’s employee council said Tuesday he hopes that American authorities will consider the potential fallout on jobs in the U.S. and beyond as they mull what fines to impose on the company over its emissions-rigging scandal. The cost to Volkswagen of the scandal that erupted in September remains unclear. In January, the Justice Department ...

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Energy companies pull back in early trading

Energy companies pull back in early trading

NEW YORK (AP) — Stocks are pulling back in early trading, led by declines in materials and energy companies. Chesapeake Energy and Southwestern Energy each fell 9 percent in the first minutes of trading Tuesday. Hamburger chain Shake Shack dropped 8 percent after delivering results and an outlook that disappointed investors. Traders were also discouraged by weak trade figures from ...

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Southern Power acquires Texas solar facility

Southern Power acquires Texas solar facility

Southern Power made another investment in West Texas solar energy. The company, a subsidiary of Southern Company, announced its acquisition of the East Pecos Solar Facility project from Arizona-based First Solar on Monday. The facility has 120 megawatts of power capacity and will begin commercial operation in the fourth quarter of 2016. Both companies declined to reveal details of the acquisition. “Southern ...

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China tries to reassure on economy, cuts growth target

China tries to reassure on economy, cuts growth target

BEIJING (AP) — China’s leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open the oil and telecom industries to private competitors in sweeping industrial reforms. Premier Li Keqiang announced a growth target of 6.5 to 7 percent in a report to the ...

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Alaska administration didn’t pursue gas-to-liquids pitch

Alaska administration didn't pursue gas-to-liquids pitch

JUNEAU, Alaska (AP) — Gov. Bill Walker’s administration had a consultant evaluate a pitch to turn North Slope gas to gasoline and ship it through the trans-Alaska pipeline. But a Walker spokeswoman says the idea was scuttled because it didn’t pencil out. Spokeswoman Katie Marquette says the administration felt obligated to review the proposal since it had the potential to ...

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Oklahoma regulators release plan to reduce temblors

Oklahoma regulators release plan to reduce temblors

TULSA, Okla. (AP) — State regulators are asking oil and gas producers in central Oklahoma to restrict wastewater disposal operations to help temper a sharp increase in the number and severity of earthquakes. Monday’s request covers more than 400 wells across 5,200 square miles. It comes after a similar directive in February covering nearly 250 wells in northwestern Oklahoma. Scientists ...

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