Regulators in Arkansas say they’re unsure of an agreement between environmental groups and Entergy Arkansas to close two coal-fired power plants. So they’ve started a review of the plan between New Orleans-based Entergy and the Sierra Club and the Washington, D.C.-based National Parks Conservation Association. The Arkansas Attorney General Leslie Rutledge said the plan “has …
December 17, 2018 archive
ConocoPhillips pledges $2 million to push for carbon tax
ConocoPhillips, a company with major ties to Oklahoma, has taken a bold step in helping fund a multi-million dollar political advocacy campaign over carbon emissions. It is joining forces with ExxonMobil in financing the campaign to lobby Congress for a tax on carbon. ConocoPhillips is committing $2 million over a two-year period to the group …
Legislative leaders who’ll handle Oklahoma energy bills
Leadership in the Oklahoma House has been revealed….those who will be in charge of handling any and all bills in the coming legislative session that affect energy issues in the state. Whether it’s measures impacting the wind industry or oil and gas or even transportation, Speaker Charles McCall, the Republican from Atoka has named his …
Looming government shutdown would hit the EPA and Interior Departments
If Democrats and Republicans in Congress don’t reach a deal to avoid a threatened shutdown of the federal government, it could mean thousands of workers at the Environmental Protection Agency and the Interior Department will get an early Christmas break. The EPA actually made plans in September for such a possibility, posting on its website …
Letter from some in Congress urges President to make Keystone XL become a reality
Oklahoma U.S. Rep. Frank Lucas and Senators Jim Inhofe and James Lankford were among 44 members of Congress who are urging the White House to take action to approve construction of the stalled Keystone XL pipeline. In a letter sent to President Trump, Lucas, Inhofe and the others urged him to “take any appropriate action …
Inhofe sees nothing new from Democrats when it comes to climate change demands
Oklahoma U.S. Sen. Jim Inhofe says nothing is new from Democrats as far as climate change demands are concerned as Democrats prepare to take over the House. He’s expected to play a key role in any infrastructure push in the coming year and downplayed demands made by Minority Leader Chuck Schumer for climate change policies …
Chesapeake wraps up nearly $8 million in buyback of shares
Chesapeake Energy says its buyback program of Senior notes resulted in nearly $8 million in notes repurchased by the Oklahoma City energy company. The company said holders of $7,809,000 in 2.25% convertible Senior Notes due 2038 excised their right to surrender the notes for repurchase. Another $923,000 in notes remains outstanding. The offer …
More than $2 billion Capital Program announced by Phillips 66
A more than $2 billion capital program has been announced by Phillips 66, the Houston company with major operations throughout Oklahoma. It totals $2.3 billion according to Chairman and CEO Greg Garland. “The 2019 capital program reflects our strong portfolio of growth projects aligned with our long-term strategy. We are building out our integrated Midstream …
Earthquakes—they’re still out there in northern Oklahoma
Seismologists had a busy weekend with small earthquakes in northern Oklahoma. The strongest measured 3.0 magnitude and occurred around 1:42 a.m. Monday. The U.S. Geological Survey reported the quake had a depth of nearly 4 miles and the epicenter was only 3 miles north of the small town of Togo or about 34 miles east …
Judge to determine if Roan Resources can drill wells fought by Mustang and Yukon residents
An Oklahoma Corporation Commission Administrative Law Judge gave hundreds of residents opposed to two well drilling sites in Canadian County a partial victory in the past week. But only after scolding one opponent for declaring “we will not be steamrolled over.” ALJ Kendal Huber Minmier gave a stern rebuke to opponent Eric Sanderson, stating “There …