SD Mines’ Energy Resources Initiative Publishes New Book

“The Fossil Fuel Revolution” RAPID CITY, SD (Aug 29, 2019) — The boom in tight oil and shale gas in the last two decades, fueled by a combination of directional drilling and staged hydraulic fracturing, has revolutionized the energy industry, revitalized reserves once thought depleted, changed the global energy market and raised environmental concerns.  …

Nebraska Supreme Court Affirms Keystone XL route approval

TC Energy Corporation (TSX, NYSE: TRP) today announced the Nebraska Supreme Court has affirmed the November 2017 decision by the Nebraska Public Service Commission that approved the Keystone XL Pipeline route through the state. “The Supreme Court decision is another important step as we advance towards building this vital energy…

API Issues New Standard to Further Worker Safety and Protection of the Environment

Yesterday, the American Petroleum Institute issued a new technical report to aid oil and natural gas companies in selecting the right materials for bolting, a key to safe and reliable operations. “Proper selection of bolting materials used in oil and natural gas exploration and production is vital to the safety…

SwRI receives $3 million in DOE funding for oxy-fuel combustion pilot plant project

Power generation process captures almost all potentially harmful CO2 emissions Southwest Research Institute has been selected by the U.S. Department of Energy (DOE) to design a large-scale flameless pressurized oxy-fuel combustion pilot plant. DOE is providing nearly $3 million in funding, with an additional $760,658 from industry collaborators Itea, Sargent &…

Hess reports estimated results for the second quarter of 2019

Hess Corporation (NYSE: HES) today reported a net loss of $6 million, or $0.02 per common share, in the second quarter of 2019, compared with a net loss of $130 million, or $0.48 per common share, in the second quarter of 2018. On an adjusted basis, the corporation reported a…

McKinsey report: US gas to hit below $3/mmbtu in the next ten years

McKinsey Energy Insights, the global market intelligence and analytics arm of McKinsey & Company focused on the energy sector, today launches its 2019 North American Gas Outlook, highlighting various changes in gas demand and supply through 2030. The report reveals U.S. gas economics will reach below $3/mmbtu in the next ten…