Feds Settle Nuclear Violations with New Mexico

New Mexico has reached agreement with the federal government over February 2014 nuclear incidents at Carlsbad and the Los Alamos National Laboratory. The U.S. Department of energy agreed in the settlement to make $74 million in improvements at the Wast…

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Morrissette’s Earthquake Reparation Fund

Oklahoma City Rep. Richard Morrissette says the earthquake reparation fund he’s proposing to be financed by the oil and gas industry would be very much like the state’s tire indemnity fund.
It’s what he told OK Energy Today.
“We pay a dollar per used…

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Judge Denies AG’s Request to have Consumers Pay for his Fight Against OGE Rate Request

Oklahoma Attorney General Scott Pruitt’s attempt to tack on $500,000 to the $92.5 million rate hike proposed by Oklahoma Gas and Electric so he can hire experts in opposing the request is being recommended for denial by an administrative law judge at t…

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Laredo Petroleum President Stepping Down

The resignation of Jay P. Still as president and chief operating officer of Tulsa-based Laredo Petroleum will be effective Jan. 28. The company announced his resignation this week, just as the firm also laid off about 75 employees and said it wo…

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Appeals Court Sides with EPA in Clean Power Plan

The U.S. Court of Appeals for the District of Columbia has ruled against Oklahoma and two dozen other states who filed suit challenging the Obama administration’s Clean Power Plan. The three-judge panel ruled this week that it would stop stop the…

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Exchange Warns Seventy Seven Energy

Those sliding oil and natural gas prices have taken a hit on another Oklahoma based energy company as its trading on the New York Stock Exchange has dropped to such low points that it has been warned of being in non-compliance.
Seventy Seven Ene…

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Chesapeake Energy Suspends Quarterly Dividends

While other companies have reported quarterly dividends, Oklahoma City-based Chesapeake Energy has suspended payments on each series of its outstanding convertible preferred stock effective immediately.
Money problems have caught up with the com…

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Some say Oklahoma Should Follow Arkansas in Earthquake Actions

If the state of Arkansas responded and solved its earthquake problem apparently caused by energy industry injection wells, why can’t the state of Oklahoma do the same thing? It’s what News 9 reporter Alex Cameron investigated and reported on thi…

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Most Oklahomans are Not Satisfied with State Leaders over Earthquake Problem

A poll by News 9 and News on 6 TV stations indicates most Oklahomans think state leaders are not doing a good job in responding to the earthquake dilema in the state. Most think, if anything, they’re doing a “poor job”.
The poll conducted by SoonerPo…

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Crude Bounces Back on Thursday

Despite supply increases crude prices managed to make gains on Thursday. March West Texas Intermediate crude added $1.18 to end trade at $29.53 a barrel on the New York Mercantile Exchange. March Brent crude on the London ICE Futures Exchange gained $1…

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