Tulsa’s Williams reported it has received federal approval of its Atlantic Sunrise pipeline that will allow an increase of natural gas pumped to the east coast. The Federal Energy Regulatory Commission signed off on putting the more than 200-mile project into full service this week. The official start date will be Oct. 6 and the …
Oklahoma saw another month of double-digit growth in its economy in September and the increased gross production taxes on oil and gas brought in another $8 million for the month. Treasurer Ken Miller announced Thursday the gross receipts surged by 14 percent for September. Gross receipts of $1.2 billion during the past month are the …
Smoke still poured from a fire that burned late Thursday at OGE’s Mustang Power Plant on the west side of Oklahoma City. The fire initially broke out Thursday morning around 7:20 and sent massive black clouds of smoke billowing into the air. An insulated heating oil tank containing an estimated 7,000 gallons of fuel caught …
No injuries were reported but a massive fire is burning inside the OGE Mustang Power plant on the west side of Oklahoma City. The fire broke out after 8 a.m. in an interior oil tank and OGE crews say it was safer to allow the fire to burn itself out. Oklahoma City fire crews are …
The Associated Press reported this week a federal judge’s decision whether there should be more extensive study of the $3.8 billion Dakota Access oil pipeline is months away. U.S. District Judge James Boasberg ordered the U.S. Army Corps of Engineers to do more studies in 2017 and they were completed in late August. His order …
Crude oil is already flowing in the new Sunrise Pipeline carrying crude from the Permian Basin to the Cushing storage hub in Oklahoma. Plains All american LP, which operates the line, set rates this week for the new extension and according to a report, they will be effective Nov. 1. The Sunrise line won’t go …
While the latest Oklahoma Energy Index suggested a mini-boom for oil and gas in the state, the latest jobless rates released by the state show unemployment fell over the year for all counties in Oklahoma in August. So goes the energy industry—so goes the state’s employment rates. The Employment Security Commission said every one of …
Some of the Oklahoma exploration companies and others drilling in West Texas might see a little more pipeline relief following the announcement of a joint venture to build another line taking oil out of the Delaware Basin. But it also might mean a wait of several months until the line to be built by Salt …
Murphy Oil based in El Dorado, Arkansas announced this week it had declared a 25-cent a share quarterly cash dividend on its common stock. It translated into $1 a share on an annualized basis and is payable on Dec. 3, 2018 to stockholders of record as of Nov. 12, 2018. Murphy Oil Corporation is a …
A Securities and Exchange Commission filing shows Oklahoma City’s Chesapeake Energy has paid off a more than $1 billion loan it had received two years ago from Deutsche Bank Trust Company Americas. The filing referred to the Aug. 23, 2016 loan from the bank which totaled $1.5 billion. However, Chesapeake used money from the Sept. …
