When wind farm developers gather late in August for the 2018 Sandia Blade workshop, of course they will be discussing the growth of turbine blades. The Department of Energy’s Sandia NationaL Laboratories Wind Energy Technologies Department workshop will be held Aug. 28-29 in Lubbock, Texas at Texas Tech University’s National Wind Institute. Wind energy professionals …
July 2018 archive
Williams announces major expansion of gas gathering operations in Wyoming
A major expansion has been announced by Williams Partners L.P and Crestwood Equity Partners LP of their gas gathering system in Wyoming. The Jackalope Gas Gathering System is associated with the Bucking Horse gas processing facility in the Powder River Basin Niobrara Shale play. The expansion will increase processing capacity to 345 million cubic …
ConocoPhillips turned things around from one year ago
After a second quarter 2017 loss of more than $3 billion, ConocoPhillips reports turning things around with a second-quarter 2018 earnings of $1.6 billion. It figures to an increase of $1.39 a share compared to the $2.78 a share loss reported a year earlier. Excluding special items, second quarter adjusted earnings this year were $1.3 …
Increased dividend for ONEOK shareholders
ONEOK, Inc. announced this week an increase in the Tulsa company’s quarter dividend to 82.5 cents a share. The board of directors okayed a 3-cent a share hike or 4 percent compared to the previous dividend. It translates into an annualized dividend of $3.30 a share. The dividend will be payable Aug. 14 to shareholders …
Lankford praises new trade deal reached by White House with European Union
Oklahoma U.S. Sen. James Lankford was on hand Wednesday at the White House when the President reached a new trade agreement with the European Union in an attempt to end a war on tariffs. “The statement I’ve heard from several folks is that the President has proved he can start afire on trade wars but …
NGL hopes settlement over RIN fight with EPA is finished
A fight over blended fuels in Iowa will result in a company later acquired by NGL Energy Partners LP of Tulsa paying an estimated $35 million over a 12-month period to satisfy the Environmental Protection Agency. NGL has been fighting the EPA since 2016. The company acquired Gavilon Energy which was accused by the EPA …
New Energy Index indicates continued strong growth for Oklahoma oil and gas industry
The latest Oklahoma Energy Index shows the state’s oil and natural gas industry isn’t letting up in its expansion. Dr. Russell Evans, executive director of the Steven C. Agee Economic Research and Policy Institute, said the ongoing expansion in the state’s primary industry is driving widespread economic growth and stronger than expected fiscal conditions across …
Environmentalists slam Pruitt and accuse him of going ‘soft’ on Oklahoma oil and gas companies
Scott Pruitt is no longer head of the Environmental Protection Agency and he’s still targeted by environmentalists and left-leaning news organizations. The latest report contends he was “soft” on Oklahoma-based oil and gas companies while he ran the EPA and cracked down on firms in other states. The Sierra Club, the Environmental Integrity Project …
Extreme heat causes more buckling of highways in Oklahoma
The extreme heat in Oklahoma has caused more buckling of highways including the Cimarron turnpike among the latest. At least 16 concrete panels in 11 locations have buckled on the turnpike in recent days, according to Joe Echelle, assistant executive director for engineering and maintenance. “We are hoping for cooler weather,” he told the Tulsa …
2015 oil tanker derailment leads to more than $2 million in fines for rail company
Railway operator CSX Transportation has agreed to settle for $2.2 million in penalties with the government over the 2015 derailment of an oil tanker that caused a fiery mess in a small West Virginia town. The rail company will pay $1.2 million in penalties to the Environmental Protection Agency and another $1 million to the …