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Jan. 21—When oil prices crashed last year and work in the oil patch dried up, Jonathan Click found salvation in solar. For the previous 15 years, the Houston petroleum landman had been tracking down Texas land owners and mineral rights holders to help negotiate lease deals for oil and gas companies. But since the coronavirus pandemic wiped out crude demand and production, Click has spent the ...

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Efforts to pause fracking in New Mexico continued this year as a Senate bill was introduced that would halt hydraulic fracturing throughout the state. The practice of fracking involves pumping a combination of water, sand and chemicals underground to break up subterranean shale deposits, allowing crude oil and natural gas to be extracted. The Senate bill introduced by Democrat State Sen. ...

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Jan. 21—The crude oil extraction of the National Iranian South Oil Company (NISOC) increased by 7,500 barrels daily by the conducting certain operations in 21 wells in its territories, said Ramin Roghanian, Deputy Director of the National Iranian South Oil Company's (NISOC) Technical Affairs Department, Trend reports citing the company's website. The deputy director noted that well acidizing ...

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Jan. 21—Iranian President has operated the $4.5 billion Persian Gulf Bidboland Gas Refinery in Khuzestan Province on Thursday. "Today we witnessed the operation of a big refinery that cost $3.4 billion, a project that would be important for the environment and expected to have an export value of $700 million in four and half years. The government has operated 11 important petrochemical ...

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Jan. 21—The memorandum of understanding inked on Dostlug oil and gas field in the Caspian Sea is a new milestone in the development of relations between Azerbaijan and Turkmenistan, Ibrahim Ahmadov, deputy head of the public relations and events department at SOCAR, told Trend. "Dostlug is a new name of the field that is located on the border of Azerbaijani and Turkmen sectors of the Caspian ...

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Jan. 21—The Central Bank of Azerbaijan (CBA) sold $67.4 million to the local banks at the foreign exchange auction held with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on January 21, 2021, Trend reports citing the country's CBA. The demand from banks at the auction increased by 1.5 percent compared to the previous indicator and was fully met. At the end of the auction, the ...

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Jan. 21—Azerbaijan exported 12.3 billion cubic meters of gas via the Baku-Tbilisi-Erzurum pipeline in 2020, which is by 17.7 percent more than in 2019, Trend reports citing a report from the Azerbaijani State Statistics Committee. Some 41.4 percent of all gas transported by Azerbaijan accounted for Baku-Tbilisi-Erzurum. Some 29.6 billion cubic meters of gas were transported through the main ...

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As President Joe Biden pushes the nation toward 100% carbon-free electricity to combat climate change, a coal-fired power plant in southern Illinois is one of the biggest roadblocks. The Prairie State Generating Station is among the top 10 industrial sources of heat-trapping carbon dioxide in the United States, emitting as much as 2 million cars combined every year. Less than a decade old, the ...

President Joe Biden’s cancellation of the Keystone XL project has put Justin Trudeau in a no-win situation. He has no good options to retaliate. But a failure to fight back could fracture the unity of his own country. Biden revoked the permit for TC Energy Corp.’s oil pipeline via executive order hours after his inauguration on Wednesday. The cross-border project would have transported more ...

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Jan. 21—AUBURN — With the help of a pair of investors, Good Shepherd Food Bank has installed nearly 900 solar panels at its Hotel Road distribution center, which officials say will allow them to refrigerate perishables while reducing emissions from regional fossil fuel plants. A total of 895 panels are operation at the Auburn site while another 840 have been installed at their distribution ...