Sunday, November 24, 2024

The Wind Boom: Generators Moving to Wind because of Economics

With a proposed ~$4 billion investment in wind generation starting now, Xcel Energy wants to make wind 35% of its total energy mix by 2021 Xcel Energy (ticker: XEL) announced what it called the largest multi-state investment in wind capacity in the country—$3.5-$4.4 billion worth.  This week the company said it has proposed 11 new wind farms in seven states,

E&P Bankruptcies Tapering Off in 2017

Five companies default in Jan-Feb brings total bankrupt E&Ps to 119 Five oil and gas companies have gone bankrupt in the first two months of this year, according to the most recent edition of Haynes and Boone’s Oil Patch Bankruptcy Monitor. Currently 119 E&P companies have entered bankruptcy since the beginning of 2015. The pace of bankruptcies seems to have

West Virginians Hold Rally in Favor of More Oil & Natural Gas Jobs

A reverse protest: participants encourage governor, state legislators to pass bills that create energy jobs in West Virginia From the News and Sentinel The West Virginia Jobs and Energy Rally promoting jobs in the oil and natural gas industry in West Virginia drew the governor and legislative leaders Tuesday morning to the steps of the Capitol. Oil and gas workers