More than 100 speakers were scheduled to be heard by the Environmental Protection Agency on Wednesday and Thursday as it holds a public hearing in Kansas City. The hearing is on the Trump administration’s plans to scale back the number of streams and wetlands receiving federal protection under the Clean Water Act. Among the speakers …
The Oklahoman newspaper reports that the FBI has been investigating former Marathon Oil Corp. chairman Dennis Reilley of Oklahoma City on allegations of insider trading. In a story this week, the paper said the 66-year old had been a target of the FBI probe regarding a 2014 merger of two medical companies. It came as …
Remember the Dakota Access pipeline and the encampment by thousands of protesters? The company behind the line, Energy Transfer Partners of Dallas has renewed legal efforts targeting the Greenpeace environmental group. After a federal judge in North Dakota tossed the company’s $1 billion racketeering claim, Energy Transfer Partners filed suit in state court in North …
Houston liquefied natural gas company Cheniere Energy closed 2018 with a $471 million profit as LNG exports continue to grow. Cheniere is building a nearly 200-mile natural pipeline across Oklahoma to carry natural gas from the STACK play to connections in southern Oklahoma. The company reported making $67 million of net income on nearly $2.4 billion …
BNSF Railway Company announced it intends to spend $105 million this year on making improvements to its operations in Montana. Most will be spent on planned maintenance such as replacing and upgrading rail, rail ties and ballast. The $105 million is on top of the $800 million BNSF has spent in the past five years …
The Williams Cos. will reach out to potential investors at the upcoming 40th Annual Raymond James Institutional Investors Conference in Orlando, Florida. President and Chief Executive Officer Alan Armstrong will make a presentation on Tuesday, March 5, 2019 at 3 p.m. Central Time. A link to the live webcast of Mr. Armstrong’s presentation, along with …
Chesapeake Energy reported its earnings for 2018 and the fourth quarter of the year were both slightly lower than a year earlier. While also reducing some of its debt by nearly $2 billion, the company reported 2018 net income available to shareholders totaled $775 million or 85 cents a share but the adjusted earnings were …
A report states that new test results from Public Service of Oklahoma show groundwater near the company’s Oologah power plant contains high levels of the chemical lithium. But PSO maintains it is not in the drinking water sources for the nearby city of Oologah. The company told News on 6 in Tulsa that it is …
The Oklahoma Energy Producers Alliance is fighting a request by Devon Energy to create a new rule at the Oklahoma Corporation Commission. The rule would require vertical well operators to take responsibility for preventing pollution caused by horizontal fracking operations that damage nearby older wells. The OEPA in a statement called it “no coincidence” that …
A lawsuit filed in 2017 by seven landowners challenging an Oklahoma Water Resources Board decision to allow Oklahoma City to draw water out of the Kiamichi River is still alive. A recent filing made several allegations over the OWRB decision according to an article published by the State House of Representatives. Oklahoma City …
