Congressman Dan Crenshaw (TX-02) today introduced legislation to boost carbon capture at natural gas power plants. The New Energy Frontiers Through Carbon Innovation Act will promote research and development for carbon capture technology, and establish a “Carbon Innovation Hub” to achieve an environmental moonshot: turning CO2 and other greenhouse gasses into valuable commodities. “It’s time to …
A required filing with the Securities and Exchange Commission shows nearly 12 percent of ONEOK’s shares are controlled by the Pennsylvania-based Vanguard Group and nearly the same amount in Devon Energy. This week’s filing indicated Vanguard Group controls 48,142,499 beneficially owned shares in ONEOK or 11.65%. The Malvern, Pennsylvania company has 47,356,551 shares in sole …
(pictured above: Commissioner Mick Thompson, Chairman Jelena McWilliams, and Governor Kevin Stitt) Oklahoma banking Commissioner Mickey Thompson has been appointed by Chairman McWilliams to the Federal Deposit Insurance Corporation (FDIC) Advisory Committee of State Regulators. The Committee will provide advice and recommendations to the FDIC on a broad range of policy issues regarding the regulation …
Despite doing far better for oil and total production expectations in the fourth quarter, Tulsa’s Laredo Petroleum reported a fourth quarter loss of $242 million. The net loss for the quarter was $241.8 million or $1.04 a share with total revenues of nearly $218.1 million. For the full year, Laredo posted a net loss of …
Spurred by a reporter’s inquiry, Oklahoma City officials have finally installed guardrails around the concrete bridge where oil and gas pioneer Aubrey McClendon was killed nearly four years ago. The Oklahoman reported this week that within weeks after its initial inquiry with the city, the guardrails at the Midwest Boulevard bridge are in place. At …
