2016 archive

LNG Shipped from Lower 48

The first international shipment of liquefied natural gas from the lower 48 states of the U.S. went to Brazil, marking a significant point in U.S. energy history because it shows the strength of the nation’s natural gas production, production tha…

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LNG Shipped from Lower 48

The first international shipment of liquefied natural gas from the lower 48 states of the U.S. went to Brazil, marking a significant point in U.S. energy history because it shows the strength of the nation’s natural gas production, production that has …

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Optimism at Chesapeake Energy after Jump in Stock Prices

Financial analysts like what financially-troubled Chesapeake Energy is doing to avoid bankruptcy. Investors apparently do too. Stock prices for the Oklahoma City-based company jumped 50 cents in mid-week trading after the firm announced in its q…

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Optimism at Chesapeake Energy after Jump in Stock Prices

Financial analysts like what financially-troubled Chesapeake Energy is doing to avoid bankruptcy. Investors apparently do too. Stock prices for the Oklahoma City-based company jumped 50 cents in mid-week trading after the firm announced in its quarter…

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Halliburton Laying Off 5,000 More Workers

Another 5,000 workers are being let go by Houston-based Halliburton. It’s on top of the 9,000 laid off in the past year during the energy downturn. A company spokeswoman indicated that the latest roun of layoffs will represent nearly 8 percent …

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Halliburton Laying Off 5,000 More Workers

Another 5,000 workers are being let go by Houston-based Halliburton. It’s on top of the 9,000 laid off in the past year during the energy downturn. A company spokeswoman indicated that the latest roun of layoffs will represent nearly 8 percent of the…

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Energy Tax Credits Among Those up for Review by State Incentive Commission

The newly-created Tax Incentive Commission in Oklahoma has started reviewing nearly $2 billion in tax incentives and credits including those for the state’s wind industry as the state government reacts two two revenue failures.
The commission held its…

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Rep. Morrissette to Make Run for Corporation Commission

Lost in the past week’s appearance by environmental activist Erin Brockovich at an earthquake forum in Edmond was the announcement by host, Rep. Richard Morrissette, D-OKC that he planned to run for the Oklahoma Corporation Commission.
The man who’s l…

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$6.5 million Judgment Against Pipeline Companies Over Wildfire

A jury in Stillwater has ordered two pipeline companies to pay more than $6 million in damages over a 2012 wildfire that was sparked by welders ignoring a day-old statewide burn ban.
The jury ordered IPS Engineering L.L.C. and Global Pipeline Co…

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$6.5 million Judgment Against Pipeline Companies Over Wildfire

A jury in Stillwater has ordered two pipeline companies to pay more than $6 million in damages over a 2012 wildfire that was sparked by welders ignoring a day-old statewide burn ban.
The jury ordered IPS Engineering L.L.C. and Global Pipeline Construc…

Continue reading »