Posted inBusiness, Energy, News

Two Colorado oil companies announce merger, the latest in a consolidating industry

In a sign of the continued pressure to consolidate drilling operations, two of Colorado’s midsized oil and gas companies on Monday announced an all-stock merger to create a new company worth $2.6 billion. Bonanza Creek Energy and Extraction Oil & Gas said they will combine to create Civitas Resources, controlling 425,000 acres of leases across […]

Posted inBusiness, Climate, Energy, Environment, News, Politics and Government

Colorado regulators target tiny oil field device that’s a big contributor to greenhouse gas, ozone pollution

Colorado air regulators and oil industry engineers have been on the hunt for fugitive chemical emissions from drill sites and storage facilities for years, and they are now closing in on what may be “the last of the low-hanging fruit” – pneumatic controllers. The Air Quality Control Commission is set to take up a proposed […]