Edmond energy company sues EOG Resources over delayed oil production royalty, interest payments

    An Edmond, Oklahoma energy company, Wake Energy LLC has filed a breach of contract lawsuit in Wyoming federal court against Houston’s EOG Resources. Wake Energy maintains that EOG has failed to pay royalty proceeds on time, as well as the accompanying interest from failing to meet those deadlines to those who are owed …

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Energy news in brief

** The League of Conservation Voters Victory Fund said Thursday it will spend $2 million in digital and cable ads attacking oil companies and President Donald Trump for exacerbating climate change. ** The big clean energy project to watch at Dominion is happening in the waters off Virginia. In fact, the utility recently completed the …

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Author and scientist says Oklahoma can be a leader in renewable energy

  After 40 years in the energy industry, scientist and author Jack Kerfoot, a native of Tulsa now living in Portland, Oregon makes the claim that Oklahoma is well-positioned to become a leader in renewable energy. He recently espoused his views in an interview with KRMG radio of Tulsa and explained that he once sat down …

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ConocoPhillips Announces Increase in Quarterly Dividend

  ConocoPhillips announced an increase in its quarterly dividend amounting to 43 cents per share. The dividend is payable on Dec. 1, 2020, to stockholders of record at the close of business on Oct. 19, 2020. The dividend amounted to a one cent increase over the quarterly dividend of 42 cents per share announced in …

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Nation’s oil and gas rig count sees slight growth but is unchanged in Oklahoma

  The latest rig count provided by Baker Hughes Co. showed a slight increase of 3 rigs nationally while Oklahoma’s most recent numbers were unchanged from the previous week. Otherwise, the countless number of oil rigs in storage are gathering more and more dust as they sit unused. Oklahoma’s count held steady at only 12 …

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Former Commissioner writes of the dangers of anti-pipeline activism

  Former Oklahoma Corporation Commissioner Patrice Douglas voiced her concerns this week about what she called “the real consequences of anti-pipeline activism.” Writing in the Tulsa World, the former Commission chairwoman said, “Underlying most anti-pipeline activism is a fundamental misunderstanding of the rigor of the permitting process. She  explained that most pipeline projects, whether they …

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Money for pumps and tanks free

  Kansas, Missouri, Nebraska and Iowa are among 14 states receiving $22 million in U.S.D.A. grants to help gas stations, convenience stores and fuel distribution sites to upgrade pumps and fuel lines as part of a program to increase higher blends of ethanol fuel and biodiesel. U.S. Secretary of Agriculture Sonny Perdue announced the grants …

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A trio of New Mexican lawmakers is vying for the top Interior job in a potential Biden administration

  Some might suggest that Democrats eager to do more for America’s environment as well as control its energy industry are “counting their chickens before the eggs are hatched.” POLITICO reported a trio of New Mexican lawmakers are all jostling to become the next secretary of Interior should Democratic nominee Joe Biden win next month’s election. …

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Court Nixes Obama Methane Rule for Oil, Gas on Public Lands

  A Wyoming federal judge rejected an Obama administration rule intended to curb methane emissions, accomplishing in a day what the Trump administration failed to do in almost four years. The Bureau of Land Management’s Obama-era effort to cut methane emissions on public lands exceeded the agency’s authority,  ruled the U.S. District Court for the District …

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Mullin Statement on Son’s Completion of Rehabilitation from Traumatic Brain Injury

  Click here to watch Mullin’s announcement video. Nine months after the son of Oklahoma Congressman Markwayne Mullin suffered a traumatic brain injury in a wrestling incident, he has completed his rehabilitation and is back home in Oklahoma. Rep. Mullin announced his son Jim, completed his rehabilitation at the Centre for Neuro Skills in Bakersfield, …

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