Oklahoma Gross Receipts to the Treasury for calendar year 2019 paint the picture of a sound, but slowing state economy, State Treasurer Randy McDaniel announced Monday. And much of it can be attributed to dropping revenue from oil and gas gross production taxes. Gross receipts during all of 2019 are 5.7 percent more than during …
Enverus, an oil and gas data analytics company says several oil and gas firms active in the Permian Basin could be ripe for acquisition in 2020, including a handful of Oklahoma-based firms. The Austin, Texas based company released its summary of 2019 deal activity and outlook for 2020, suggesting the trend of buying small and …
Dallas-based Energy Transfer has been hit with a $30 million fine for violating numerous environmental regulations during construction of the firm’s Revolution pipeline in Western Pennsylvania. The fine was levied by the Pennsylvania Department of Environmental Protection and was one of the agency’s largest-ever civil penalties according to the Dallas Morning News. The state Department …
** National NAACP leaders tell local and state chapters to not accept money from utilities that put up barriers to clean energy policies. ** A Missouri lawmaker proposes a bill that would allow companies to add the cost of new nuclear or renewable generation to customer rates while the projects are under construction. ** The Trump administration’s plan to remove climate change considerations from …
Suncor Energy plans to restart equipment this week at its oil refinery in Commerce City, Colorado following an incident last week where the plant spewed smoke and ash and released a clay-like substance. A statement by Suncor on its Facebook page said it expects the process of restarting the fluidized catalytic cracker unit to take …
Weeks after resigning as Secretary of Energy, former Texas Gov. Rick Perry has rejoined the board of directors overseeing the Dallas pipeline company Energy Transfer. In a Friday filing with the U.S. Securities and Exchange Commission, Energy Transfer reported that Perry had joined the board of directors for LE GP LLC, a company that owns and oversees …
** Murphy Oil Corporation based in El Dorado, Arkansas will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, January 30, 2020 to discuss fourth quarter 2019 earnings and review year-end 2019 results. The Company plans to release its financial and operating results before the market opens that morning. ** A new …
The mystery of dozens of drones making night-time flights over rural northeast Colorado and Southwest Nebraska has prompted some Colorado pilots and industry experts to set up camp in an effort to determine who’s behind the puzzle. Groups of drones, reportedly flying in coordinated grid patterns at night, have gripped small communities on the eastern …
Jobless rates in Oklahoma moved up slightly in November, a reflection of what’s happened in the oil and gas industry. Unemployment rates increased in 75 counties, dropped in one county and were unchanged in one county, according to the Oklahoma Employment Security Commission. Of the three major metropolitan sites, Oklahoma City has seen the largest …
Refresco US, Inc. has announced plans to add 75 new jobs and invest nearly $12 million at its operation in Fort Gibson, Okla. The company says investments in facility and equipment upgrades will increase production capacity, modernize operations and increase efficiency. Refresco is the largest private employer in Fort Gibson and the third largest manufacturer in …
