June 2019 archive

Inhofe and other GOP Senators fight Democrats targeting refineries

Oklahoma U.S. Sen. Jim Inhofe and a handful of other Republican Senators are urging the EPA  to help block the efforts of Democratic Senators who have launched a move to roll back President Trump’s energy independence accomplishments, especially those designed to help small refineries in the country. Joining Inhofe in the call were: Ted Cruz …

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State Treasurer’s office temporarily leaving Capitol Building

Energy company representatives who have any business at the State Treasurer’s office in the State Capitol Building might take notice. Beginning July 1, the Office of t he Treasurer will be leaving the building for the first time since it moved into the Capitol building in 1917. Treasurer Randy McDaniel says the office will be …

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Water safe again in Kingfisher

The Oklahoma Department of Environmental Quality (DEQ) has announced that the boil order for Kingfisher Public Water Supply, located in Kingfisher County, has been lifted. The water is now safe for human consumption. The order to boil water was issued due to the presence of E. coli. State and federal regulations require that customers be notified if, …

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Little movement in congress on climate change and Green New Deal

At mid-year, Congress has yet to approve any big climate change legislation—and after all of the controversial reaction to the Green New Deal proposed by New York Democratic congresswoman Alexandria Ocasio-Cortez. Oklahoma U.S. Rep. Frank Lucas is surprised about one thing after Democrats took control of the House committees. He told Bloomberg News he has …

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Oil and gas heiress becomes new owner of Texas Monthly

Billionaire oil and gas heiress Randa Duncan Williams just bought the “Texas Monthly”, the magazine some like to call the “National Magazine of Texas.” The purchase price was not revealed but Williams bought the Austin-based monthly magazine from Genesis Park, a privae equity firm founded by Paul Hobby. With the acquisition, Williams becomes chairwoman of …

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Magellan Midstream reported to be attempting sale of share in Permian pipeline

U.S. pipeline operator Magellan Midstream Partners. a firm with pipelines stretching from the Cushing oil hub south to the Gulf Coast is exploring the sale of a 35% stake in its Longhorn crude oil pipeline in Texas for as much as $2 billion, according to published reports. Reuters cited unnamed sources in reporting the effort …

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Turnpike fees to go up for cash customers

If you’re an employee of an energy company and use the turnpike, get ready to pay more—-but only if you are a cash customer. The Oklahoma Turnpike Authority plans to implement the third and final toll hike for its Driving Forward Initiative. It will apply only to cash customers and not to Pikepass account holders. …

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WPX Energy plans to release 2Q results in early August

Tulsa’s WPX Energy is preparing to release its second-quarter 2019 earnings report. Company leadership will also hold a webcast on Tuesday, Aug. 6 beginning at 9 a.m. Central Time. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will take part and discuss the company’s performance. In the …

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Judge dismisses challenge blocking $2 billion pipeline in the Permian Basin

A judge in Houston has dismissed a challenge to eminent domain used to create the nearly $2 billion Permian Highway Pipeline Project. All claims against the project were dismissed, leading Kinder Morgan, Inc. to applaud the decision. “The court’s finding validates the process established in Texas for the development of natural gas utility projects, as …

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Devon to announce 2Q results in August

Oklahoma City’s Devon Energy Corp. will release its second-quarter 2019 financial results in August. The company announced the release date will be Tuesday, Aug. 6 after the close of U.S. financial markets. They will also be available on the company’s website at www.devonenergy.com. Company leaders plan to hold a conference call the next day on …

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