November 16, 2017 archive

TransCanada’s Keystone Pipeline Temporarily Shut Down in South Dakota Following Leak

Following a massive leak of more than 200,000 gallons of oil in Amherst, South Dakota, Calgary-based TransCanada shut down a portion of its 2,687-mile Keystone Pipeline, according to a company press release issued on Thursday morning. The leak was detected following a drop in pressure overnight. The affected area is located in Marshall County, an …

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Continental Announces Second International Sale of Bakken Crude Oil

Oklahoma City-based Continental Resources, Inc. announced Thursday that the company has sold its second cargo of crude oil for export from North Dakota’s Bakken shale region. Continental plans to sell 430,000 barrels of oil (Bo) for January delivery to international markets. The sale transaction will take place at the crude oil storage tank hub facility …

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American Trucking Associations Bestows Safety Awards to Groendyke Transport

Enid-based Groendyke Transport was named the recipient of two highly prestigious transportation safety awards at this year’s American Trucking Associations National Truck Safety Contest. Winners were recently announced during the ATA Safety, Security and HR National Conference in Memphis, Tennessee on Wednesday. Groendyke placed second in the Tank Truck/Line-Haul Division for the over 10 million …

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Surprise Uptick in Crude Supplies Results in Lower Settlements on Thursday

Oil settlements finished lower on Thursday, extending declines following an unexpected climb in domestic crude supplies, according to Bloomberg MarketWatch. December West Texas Intermediate crude fell by 19 cents, or 0.3%, to settle at $55.14 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, dipped lower by 51 cents, or 0.8%, to …

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Saltwater Well Fight Grows in NE Kansas

The earthquake and wastewater injection well debate is growing in northeastern Kansas.  Environmental groups are fighting a plan by a Florida company to drill two saltwater injection wells near the town of Eudora, arguing they will create the same kind of earthquakes experienced in Oklahoma. But there’s pushback from oil and gas consultant and geological …

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Inhofe Uses Hearing to Continue Defending Withdrawal From Paris Climate Accord

While the Trump administration’s delegation got a cold reception at this week’s United Nations climate summit in Bonn, Germany, Oklahoma U.S. Sen. Jim Inhofe was still defending the President’s decision to remove the U.S. from the Paris climate accord. During a hearing by the Senate Environment and Public Works committee where he is a ranking …

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Enel Green Power Starts Work on Firm’s First Wind Farm in Nebraska

Wind power giant, Enel Green Power North America, Inc. has started construction on its first wind farm in the state of Nebraska. Work begins nearly a year after the company completed and connected to the grid the Drift Sand and Chisholm View II wind power plants in northern Oklahoma. Chisholm View II is an expansion …

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Lankford—Take Care of Tax Reform to Improve the Economy

The tax reform bill proposed by Senate Republicans has strong support from Oklahoma U.S. Sen. James Lankford who took to the Senate floor to express his thoughts. The bill has an obvious impact on the energy industry in Oklahoma, whether it’s a push to eliminate some wind tax credits or a move affecting oil and …

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Fate of Budget Bailout Bill in Hands of Oklahoma Senate

The State Senate will take up the budget bailout bill on Friday after it won approval Wednesday in the State House on a 56 to 38 vote, but not before the oil and gas industry was targeted by some Democrats with more criticism. The plan calls for the reduction of overall state spending by nearly …

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