After saying no to a Williams pipeline, New Jersey decides to investigate

After turning down Tulsa’s Williams Cos.’ expansion of a natural gas line, New Jersey now has started an investigation into whether the state has enough natural gas capacity to serve its customers in the next decade. The proceeding, sought by both gas utilities and conservation groups opposed to the buildout in recent years, aims to …

Continue reading »

Energy news in brief

** Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms increasingly cheaper to build than running existing coal plants, according to a report published on Tuesday. ** The amount of natural gas flowing on pipelines to U.S. liquefied natural gas export plants is at its …

Continue reading »

Court ruling forces HollyFrontier to end petroleum refining in Wyoming

  An unfavorable court ruling on biofuel waivers has led HollyFrontier Corporation, owner and operators of refineries in Tulsa, Oklahoma, Kansas and other states to end its petroleum refining operation after 86 years in Cheyenne, Wyoming and instead convert it to renewable diesel production as part of a nearly $750 million effort company wide. The …

Continue reading »

Investors sought by Helmerich and Payne

  Helmerich & Payne, Inc. announced that John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Director of Investor Relations, plan to participate in the following investor conferences during the month of June 2020: The 2020 RBC Capital Markets Global Energy and Power Executive Virtual Conference on Wednesday, June …

Continue reading »

SandRidge makes amended SEC filing

  Oklahoma City-based SandRidge Energy filed an amended quarterly report with the Securities Exchange Commission. It involved an explanation for the delay of its original Form 10-Q to be filed following the quarterly period that ended March 31. The company said the explanatory note was “inadvertently omitted from the Form 10-Q,” a note that said …

Continue reading »

Net metering for solar power delayed for now in Arkansas

Solar advocates won at least a temporary victory Monday when the Arkansas Public Service Commission issued an order maintaining current rate structures for existing residential and rooftop solar-power users through the end of 2022. Electric utility providers, however, can seek a grid fee on new commercial and industrial solar projects. That fee is not in …

Continue reading »

EPA leader strips some environmental power from states

  Under a move this week by Environmental Protection Agency Chief Andrew Wheeler, the permit process used by New York and New Jersey denying Tulsa’s Williams Cos. a major natural gas line project will no longer be allowed. Wheeler signed a rule that limits state powers to block some energy infrastructure projects as the Northeast …

Continue reading »

Major interstate projects approved by Transportation Commission

Major improvements are coming for interstates in Oklahoma City as a result of action taken Monday by the Oklahoma Transportation Commission. The projects involve an estimated $110 million in repairs. The Commission approved contracts for projects including the replacement of six bridges on Interstate 40 in Del City. It also okayed the improvements and repairs …

Continue reading »

Feds delay more sales of oil and gas leases

The federal government has delayed more scheduled oil and gas lease sales. Reuters reports the latest include two auctions that had been set for later in June following the May delay of a major sale in New Mexico. The moves mark a shift for the U.S. Department of Interior, which had proceeded with a slew …

Continue reading »

Petroleum Alliance leader remains optimistic about industry’s future

The new leader of the Petroleum Alliance of Oklahoma remains optimistic about the future of the state’s oil and gas industry, despite the historic impact on exploration and production as a result of the COVID-19 pandemic and oil price crisis. It’s what Brook A. Simmons expresses a month after he became president of the Alliance, …

Continue reading »