Unsecured creditors consider challenging Alta Mesa merger
The creditors looked ahead to potential litigation on Day One of what promises to be a contentious bankruptcy case.
PG&E agrees to $11 billion insurance settlement over California fires
PG&E said Friday that it has agreed to settle insurance claims from the Wine Country wildfires in 2017 and the huge Camp Fire in 2018.
The tentative settlement with insurers is less than the $20 billion the insurance companies had initially sought from PG&E (NYSE: PCG). The utility’s electrical lines were the cause of the fires, state fire investigators found. “These claims are based on payments made by insurance companies to individuals and businesses with insurance coverage for wildfire damages,”…
DEWCO Inc.: finalist
DEWCO Inc. is a finalist for the Entrepreneurial Opportunity Contest in partnership with BBVA. For more information on the contest, click here.
Company description: DEWCO has served the fluid control needs of the Rocky Mountain region since 1974. We are a family-owned stocking distributor of quality products with the staff to advise our customers on the selection of the best value product to meet their specific application. We support an array of markets and industries, including oil and gas, power,…
Executive Voice: How this CIO went from digging up the past to fighting for the future
Anthropologist, MBA and former Morgan Stanley exec Garvin Jabusch founded a green finance firm — now he’s even testifying before Congress on climate change.
Crude-carrying ship pulls into new Corpus Christi dock
A new dock and crude oil storage terminal built by Plains All American Pipeline LP received its first ship this week.
Eagle Ford Terminals Corpus Christi LLC, which is jointly owned by Plains and Enterprise Products Partners LP (NYSE: EPD), has been in the works since 2014. It includes four crude oil storage tanks that can store at least 1.2 million barrels and a dock big enough to accommodate a Suezmax, which can carry up to 1 million barrels. The project was built by Plains (NYSE: PAA). On Tuesday,…
Why a joint venture is building a next-generation battery in Turtle Creek
What made Pittsburgh the ideal choice for a clean-energy battery manufacturer to set up shop to build its next-generation product?
San Antonio energy companies struggle as global demand cools
Two long-time San Antonio businesses are fighting to stay afloat in a less than ideal marketplace for oil and gas.
Hawaii’s charge to reach 100% renewable
Hawaii became the first state in the nation to adopt a 100% renewable energy portfolio standard in 2015 with House Bill 623, which set the state’s goal of reaching 100% renewable energy by 2045 and 30% renewable portfolio standards by 2020.
Since then, experts in the energy field have been asking the question: How do we get there? Statewide, renewable energy sources resulted in 2,324 gigawatt-hours, or 26.7%, of electricity sales in 2018, as reported by the Hawaiian Electric Cos.
PBN hosted a…
Controversial Kalama methanol plant gets county OK
County officials gave a final thumbs-up this week to a proposed methanol plant 40 miles north of Portland on the Washington side of the Columbia River.
The nearly $2 billion project at the Port of Kalama is now in the hands of state environmental regulators, who have 30 days to review Cowltiz County’s decision to affirm shoreline permits granted to developer NW Innovation Works.
The project’s local and global impacts have been at issue.
In a letter Wednesday, Cowlitz planners said a final…
CEO of Atlanta startup joins Georgia Power board of directors
Georgia Power has picked another Atlanta-area CEO for its board of directors with the addition of Bakkt CEO Kelly L. Loeffler.
Loeffler’s appointment is effective Oct. 1, 2019. She becomes The Southern Co. (NYSE: SO) subsidiary’s 11th board member, following the May 1 election of Thomas “Tommy” M. Holder, chairman and CEO of Atlanta-based Holder Construction Company.
Bakkt, a subsidiary of Intercontinental Exchange Inc. (NYSE: ICE), is a regulated global ecosystem designed to enable custody,…
