The oil and gas industry in New Mexico is likely to come under some of the most stringent rules when it comes to the capture of methane gas from wells. The state proposed rules to require crude oil developers to capture at least 98% of the methane emissions by 2026. The proposal, announced by …
Two new members have joined the board of directors at the Oklahoma Energy Resources Board. They are Allen Wright and Christopher Hyde. Wright is Vice President of Public and Government Affairs at Oklahoma City-based Devon Energy. “I’m excited to join OERB’s mission of demonstrating the importance of oil and natural gas to Oklahoma, …
Investors in Tulsa-based ONEOK, Inc. were informed Wednesday they will soon be getting a quarterly dividend from the company. ONEOK announced its board of directors declared a quarterly dividend of 93.5 centers per share. It is unchanged from the previous quarter and amounts to an annualized dividend of $3.74 per share. The dividend is …
A nearly $375 million cash deal to acquire more exploration land in Canada’s Montney position was announced Wednesday by Houston’s ConocoPhillips. The company acquired the 140,000 net acres of land from Kelt Exploration Ltd. for the $375 million in cash in addition to assuming nearly $30 million in financing obligations for associated partially-owned infrastructure. …
They’re called “Three Percenters” and their presence in the Bakken oilfields of North Dakota worry some but not others. Three Percenters are far-right militants, named after the reported belief that only three percent of the American colonists took up arms in the American Revolution. Click here to read the story in Desmog.
** Federal agents arrest Ohio House Speaker Larry Householder and four others accused of accepting $60 million in bribes from an Akron utility to support a $1 billion bailout of Ohio’s two nuclear plants. ** Twenty-one Democratic attorneys general filed a lawsuit against the Trump administration on Tuesday over its rule to limit states’ authority to use environmental concerns to …
Near Dallas, Texas, work has started on a large Lily solar storage project that is considered to be the first hybrid energy project in North America integrating a renewable energy plant with utility-scale battery storage. Enel Green Power, the company with wind farm operations in Oklahoma is behind the project that pairs the two …
Oklahoma City’s Chaparral Energy has entered into a limited forebearance agreement with some of its lenders and at the same time chose not to make a more than $13 million interest payment on its notes. In a filing with the Securities Exchange Commission, the company made the agreement under its Tenth Restated Credit Agreement dated …
Tulsa’s ONE Gas Inc. announced some promotions this week including the election of Curtis L. Dinan to be the company’s senior vice president and chief commercial officer. Robert S. McAnnally was also chosen to be the firm’s senior vice president and chief operating officer. Dinan is the current senior vice president of commercial and …
Tulsa’s Alliance Resource Partners, L.P. the company with major coal mining interests as well as oil production plans to report its second quarter 2020 financial results next week. The release of the report will be made prior to the opening of markets on Monday, July 27. Management of the company will hold a conference …
