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Tag Archives: Powder River Basin

Concerns grow about coal industry pensions, reclamation

As the Appalachian coal industry continues a long-predicted decline, serious concerns are mounting among labor unions, citizens groups and regulators that financially troubled producers could try to abandon their obligations to fund miners’ pensions and health care benefits and try to escape from their commitments to reclaim mine sites and clean up polluted streams. Last week, the United Mine Workers ...

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Wyoming: hotspot for Chinese investments

In a recent study from the Rhodium Group and National Committee on US-China Relations, China appears to be pouring significant commercial investment into the United States—a stark contrast in roles for both countries since the 1980s. Chinese firms spent nearly $46 billion in foreign direct investments (FDI), which the study says bolsters the U.S. “growth, employment, competitiveness, and innovation.” As ...

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Wyoming’s O&G tax task force meets for first time

Wyoming is determined to sort out its mineral taxes in the next two years, The Denver Business Journal reports. The state recently appointed a task force made up of lawmakers, oil and gas representatives and other contributors to conduct a two-year study of how to make the mining industry’s severance and ad valorem taxes more efficient. The task force is ...

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Partnership acquires former Anadarko assets

As of last week, several former Anadarko facilities in Wyoming operate under new ownership. Partnering companies KKR and Fleur de Lis Energy (FDL) announced Wednesday that they’d acquired several CO2 enhanced oil recovery (EOR) assets in the Powder River and Green River Basins. “The FDL team has a deep history and significant experience acquiring and operating similar, high-quality oil fields ...

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Frack sand terminal comes to DJ Basin

The Denver-Julesburg basin’s first frack sand terminal officially opened today, MarketWatch reports. Twin Eagle Sand Logistics, LLC, a Twin Eagle Resources Management, LLC. subsidiary, is responsible for the new terminal, which is located near Evans on the Union Pacific Railway lead track in the basin. The new terminals boasts more than 160 railcar spaces, but the Houston-based company plans to ...

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Council endorses unread deal involving gas developer bonds

CHEYENNE — The review board for the Wyoming Department of Environmental Quality voted Tuesday to dismiss bond forfeiture proceedings against a coal-bed methane developer despite concern among some members that they hadn’t seen the settlement behind their decision. The 6-1 vote by the Environmental Quality Council allows a surety bond company to proceed with inventory and reclamation of as many ...

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Montana coal-fired power plant is latest to shut down

BILLINGS, Mont. — The J.E. Corette coal-fired power plant in Billings will shut down in August, its owner said Tuesday, making it the latest casualty in a wave of closures across the country that have left the coal industry reeling. The 153-megawatt plant owned by PPL Montana has operated since 1968 along the Yellowstone River. It burns coal from Wyoming’s ...

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Oil drilling slows in Wyoming as prices drop

DOUGLAS, Wyo. — A plunge in oil prices has been accompanied by an exodus of RVs from the Wyoming State Fairgrounds, where fifth-wheels recently competed for spaces at one of the few campgrounds in the area. Part of the slowdown is seasonal. Drilling in Wyoming typically ebbs during the winter. But even by those standards, the past several months have ...

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Meeting in Cheyenne as region’s oil drilling picks up

CHEYENNE, Wyo. — People worried about booming oil development in the Cheyenne area will get a chance to air their concerns with state regulators and oil industry officials. Agencies including the Wyoming Department of Environmental Quality and companies including EOG Resources have scheduled a public meeting on the oil boom Thursday in Cheyenne. Laramie County leads the state with more ...

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