An Oklahoma man has taken BP America Production Company to U.S. District Court accusing it of defrauding natural gas royalty owners of millions of dollars. John Cecil alleges in his class-action lawsuit (CV-00410) that BP improperly deducted processing costs to make the gas marketable for sale. He accused the company of not paying royalties o …
September 29, 2016 archive
DOE Study Confirms Renewable Energy Growth
A recently released Department of Energy study confirmed some startling news about renewable energy. Green energy costs and generation were analyzed and revealed that renewable power operations have developed rapidly over the past eight years, according to U.S. Energy Secretary Earnest Moniz. The study concluded that the cost of five clean energy technologies — from wind …
Williams Still Blames ETE for Failed $38 Billion Merger
Tulsa-based Williams Cos. is still fighting a ruling by a Delaware State judge that brought an end to its proposed $38 billion merger with Dallas-based Energy Transfer Equity LP. In a filing this week, Williams told the court that ETE could have done much more than it did in overcoming tax issues that proved to be …
No Letup by Rep. Morrissette in Attacking State and Oil and Gas over Earthquakes
Even though he’s a lameduck legislator, Oklahoma City Rep. Richard Morrissette is pushing ahead with his attacks on the oil and gas industry and its use of wastewater disposal wells and their apparent causes of earthquakes. He’s highly critical of the state taking out-of-state water, joining in the criticism offered by other legislators. “Apparently …
Campaign to Bring Small Businesses Back
Oklahoma Gov. Mary Fallin will be among the speakers on Friday at a “Bring Small Business Back” event in Oklahoma City. The Job Creators Network is hosting the event on the campus of Oklahoma State University-Oklahoma City from 9:30 a.m. until 11 a.m. The governor and JCN President and Chief Executive Officer Alfredo Ortiz …
Oil and Gas Sector Still Losing Jobs in Oklahoma
The latest jobless figures in Oklahoma continue showing a loss of energy jobs in the state in the month of August, according to the Oklahoma Employment Security Commission. Overall unemployment rates went up during the month in 73 of Oklahoma’s 77 counties. They were lower in two and unchanged in two others. Stephens County …
State Legislators Probe Privacy Issues of Drones
From fighting fires to checking pipelines, drones are quickly becoming a part of commercial enterprises throughout Oklahoma and the country. But what about privacy laws and drones? “Do we need privacy laws? Like never before,” declared Stephen Henderson, a law professor at the University of Oklahoma who testified this week before an interim State …
Marcus Rowland Tapped as Board Chairman at Houston’s Swift Energy
A seasoned energy executive with Oklahoma ties was recently appointed as the new chairman of the board for Houston-based Swift Energy Company, according to a company press release issued on Tuesday. Marcus Rowland’s appointment follows the August announcement that the company’s chief executive officer, Terry Earl Swift, and chief financial officer, Alton Heckaman, Jr., would …