At least one Native American tribe vows to be vigilant in its opposition to the Keystone XL pipeline that was approved this week by the Nebraska Public Service Commission. The pledge comes from the Rosebud Sioux Tribe and its President William Kindle. “The land, water, tribal sovereignty, and governmental services were not ‘given’ to us …
Oil futures took a positive turn on Tuesday, settling higher as traders awaited an update on domestic crude supplies, according to Bloomberg MarketWatch. January West Texas Intermediate crude rose 41 cents, or 0.7%, to settle at $56.83 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, added 35 cents, or 0.6%, …
If the U.S. Senate goes ahead and passes the tax reform bill approved last week in the House, H.R. 1, it might lead to the loss of more than a billion dollars in energy production royalty payments for some states. The Center for American Progress conducted an analysis of the bills passed by the House …
SandRidge Energy’s recently-announced-plan to make a $746 million merger and takeover of Bonanza Creek Energy based in Denver, Colorado is being opposed by a stockholder in the Oklahoma City energy company. Fir Tree Partners of New York announced its opposition this week with a statement, “Put simply, the proposed acquisition of Bonanza makes no economic …
The Bureau of Land Management is asking the Tenth Circuit Court of Appeals in Denver not to overturn or even consider its ruling against the challenge of four states to the Obama-era hydraulic fracturing rule on federal and Native American lands. It was in September when a three-judge panel rejected the challenges of Wyoming and …
Oklahoma City’s Chaparral Energy, Inc. announced this week it has wrapped up its $170 million sale of assets in the North Burbank and Texas Panhandle to Perdure Petroleum. The enhanced oil recovery assets represented nearly 5,700 barrels of oil equivalent a day out of Chaparral’s 24,500 Boe/d in total production. “We are pleased to announce …
A solar farm that would dwarf Oklahoma Gas and Electric’s Mustang solar farm in Oklahoma City has been opened in southwest Missouri. The Nixa Solar Energy Farm features 33,000 panels and is the largest of its kind in Missouri. OGE’s Mustang solar farm has 2,000 fixed and 8,000 sun-tracking panels which generate enough electricity for …
An estimated 600 jobs are being cut by electricity generator Luminant as it closes three coal-fired power plants and a mine in Texas. The layoffs are expected in January as Luminant, part of the Texas-based Vistra Energy Corp. is closing the Monticello, Big Brown and Sandow power plants. The company’s filing with the Texas Workforce …
Tulsa’s being held up in at least one national publication as how a city should best prepare for the risk of flooding. As E and E reports, Tulsa could even offer some lessons to the city of Houston. The report details how Tulsa, following devastating floods in the 1970s decided enough was enough in 1984 …
Oil prices traded lower on Monday as the stage is set for an OPEC meeting in Vienna where the extension of crude output cuts is set to be discussed, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude fell by 46 cents, or 0.8%, to settle at $56.09 a …
