This blog is part of a series about Enefit, and Eesti Energia, covering the company’s financial outlook, background and status of its Utah project. Despite posturing by Enefit’s corporate officers, internal documents and tests show that the company’s attempts to extract and process oil shale in Utah have run into trouble. Enefit Chairman Harri Mikk… Read more »
This blog is the first in a series about Enefit, and Eesti Energia, covering the company’s financial outlook, background and status of its Utah project. Last month, the benchmark credit agency Moody’s downgraded the bond rating of the world’s largest oil shale company Eesti Energia, to negative. The downgrade is the second in just over… Read more »
Yet again, the oil and gas industry is crying wolf about stunted energy production. But, as Colorado Oil and Gas Conservation Commission Director, Matthew Lepore testified before a House subcommittee, the industry is achieving record growth in Colorado. In testimony to the House Committee on Energy and Commerce Subcommittee on Environment and the Economy today,… Read more »
New research shows almost $120 million flowed from two secretive groups, called “Donors Trust” and “Donors Capital” to 102 groups denying climate science and attacking clean energy. The Guardian’s Suzanne Goldenberg reports that “the funds, doled out between 2002 and 2010, helped build a vast network of think tanks and activist groups working to a single purpose:… Read more »
Wednesday, South Park and the North Fork Valley residents and business owners turned out to protest BLM’s controversial ‘lease first, plan later’ approach to oil and gas drilling at the Colorado BLM Resource Advisory Council (RAC) meetings. The public’s testimony focused on the need for BLM to finish critical planning and studies before they lease… Read more »
In Tuesday night’s State of the Union address, President Barack Obama stated: “Now, in the meantime, the natural gas boom has led to cleaner power and greater energy independence. We need to encourage that. That’s why my administration will keep cutting red tape and speeding up new oil and gas permits.” House Natural Resources Committee… Read more »
With only two days before the expected release of New York’s Environmental Impact Assessment on fracking (also known by the industry term hydraulic fracturing), Governor Andrew Cuomo’s administration is at the center of a new conflict of interest scandal regarding two of his top aides. Today, seven groups requested the Albany County District Attorney General… Read more »
The Colorado Bureau of Land Management (BLM) has announced that it will defer the sale of eight controversial oil and gas leases (10,839 acres) near Mesa Verde National Park from its upcoming February 14th lease sale. State Director Helen Hankins has also announced that BLM will defer three leases and portions of two others (2,626… Read more »
Today, President Obama nominated Sally Jewell as the next Secretary of the Interior. Ms. Jewell would bring a diverse and accomplished background to the department. She is well positioned to expand upon the Administration’s balanced approach toward energy development on public lands. This approach is necessary to reign in oil and gas companies that act… Read more »
Today Former Secretary of the Interior Bruce Babbitt outlined a vision for balanced public land management in a speech at the National Press Club. Secretary Babbitt urged President Obama to permanently protect one acre of public lands – potentially as a national park, wilderness area, or national monument – for every one acre of our… Read more »
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