Tag: Oil And Gas
-
Environmental groups petition EPA to reconsider Colorado’s ozone management plan
Environmental organizations 350 Colorado and the Center for Biological Diversity filed a federal lawsuit challenging the Environmental Protection Agency’s approval of Colorado’s plan to reduce ozone pollution along the northern Front Range. In a news release, the organizations claim the Colorado plan doesn’t go far enough because “Colorado’s plan did not adequately rein in pollution…
-
Chevron proposes $7.6 billion deal to acquire Denver’s PDC Energy
Chevron Corp. Monday offered a stock-and-debt transaction worth $7.6 billion to buy out 100% of Denver-based PDC Energy Inc.’s holdings, according to a news release. The offer would fold PDC’s Colorado, Wyoming and Texas mineral assets into Chevron’s portfolio in exchange for Chevron stock. “PDC’s attractive and complementary assets strengthen Chevron’s position in key U.S. production…
-
Industry critics: Proposed legislation threatens to limit oil & gas industry in Colorado
A new bill just introduced in the Colorado House of Representatives threatens to “functionally prohibit new permitting for most industrial processes in the state,” the Colorado Oil and Gas Association and the American Petroleum Institute Colorado asserted on Friday. House Bill 23-1294, introduced by Rep. Jennifer Bacon and Jenny Wilford and co-sponsored by Sen. Faith…
-
Coalition of 25 oil and natural gas trade associations support the Lower Energy Costs Act
A coalition of 25 oil and natural gas trade associations Tuesday sent a letter to leadership in the U.S. House to show their support for House Resolution 1, the Lower Energy Costs Act. The bill compiles 17 existing bills on energy, commerce, natural resources, transportation, and infrastructure into a single Act. It’s sponsored by Majority…
-
Cut oil, gas NOx emissions by 50% by 2030, Jared Polis tells Colorado agencies
Gov. Jared Polis on Thursday outlined an ambitious goal to cut nitrogen oxide emissions from Colorado’s oil and gas industry by half by 2030. An industry leader called the plan challenging and hinted that oil and gas companies prefer to deploy technological innovations, rather than regulations, to curb emissions. In a letter, Polis directed state…
-
Oil, gas and electric utilities reps react to Gov. Polis’ energy bill announcement
Issuing marching orders to state agencies including the Colorado Energy Office and the Colorado Public Utilities Commission, Gov. Jared Polis called on state agencies to work collaboratively with the state’s utilities and others to help reduce the burgeoning burden of bills for energy on Coloradans. “We must leave no stone unturned to save Coloradans money…
-
Metro Moves: Tech innovator opens headquarters in Denver
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion briefs here. To submit your company’s news, drop an email to [email protected]. HEADQUARTERS The Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced a tech innovator chose Denver for its…
-
Denver advocates call for action against methane emissions
Environmental, health and frontline advocates in Colorado want President Biden to take immediate action on methane pollution. They rallied Thursday at the EPA’s Regional Denver Office as part of a nationwide effort to push for more regulation of the oil and gas industry’s methane pollution. In 2021, the EPA proposed a draft rule to cut methane…
-
Denver-based Bayswater increases oil and gas holdings in Weld County
—
by
Denver-based oil and gas company Bayswater Exploration & Production inked a deal to secure more acreage and drills in the Denver Julesburg Basin in Weld County, according to a news release. The “asset purchase agreement” with Nickel Road Operating LLC includes 2,752 net leasehold acres, 161 net mineral acres and 17 producing wells. All are…
-
Commerce City’s Suncor refinery faces new pollution regulations
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Suncor refinery in Commerce City is facing new pollution control standards from the state as the Colorado Air Pollution Control Division moves forward on updating long-expired air pollution permits that Suncor applied to renew in 2010 and 2016. Under Title V of the 1990…