December 13, 2017 archive

Sen. Inhofe says Statutes are Misused in Delaying Pipeline Projects

Oklahoma U.S. Sen. Jim Inhofe says some federal statutes are being misused to create delays and foster unproductive entrenchments against approving more energy pipelines in the country. His claim made during a hearing held by the Senate Committee on Energy and Natural Resources on legislation proposed by Inhofe and Sen. Angus King to streamline the …

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New Mexico Signs Off on State’s Proposed Largest Wind Farm

The attorney general in New Mexico and consumer advocates reached agreement this week with Xcel Energy over the firm’s plans to add more wind power for customers in New Mexico and parts of Texas. The proposed agreement by Attorney General Hector Balderas focused on the Sagamore Wind Project in New Mexico’s Roosevelt county. It would …

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Oil and Gas Tax Collections for November Came in Below State Estimate

New figures from the state show General Revenue Fund collections in Oklahoma came in nearly 8 percent higher than the monthly estimate while gross production collections on oil and gas were 25 percent under the estimate. Total state collections were $390.6 million or 7.9 percent above the monthly estimate, according to Secretary of Finance, Administration …

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Energy Index Shows Steady Improvement in Oklahoma

The latest Oklahoma Energy Index is showing an increase of more than 1 percent thanks to slow and steady growth in Oklahoma’s oil and natural gas industry. The Energy Index, based on data collected in October grew by 1.1 percent from the previous month’s reading. It also indicated for the year, activity levels in the …

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Permian Oil Production Sparks Creation of New Corpus Christi Oil Terminal

So much oil is flowing out of the Permian Basin in West Texas and Southeast New Mexico, more pipelines are being constructed and now there’s the possibility of another crude oil terminal to be built in the Port of Corpus Christi. Harvest Pipeline Company, an affiliate of Hilcorp Energy Company and Vitol Inc. have joined …

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Noble Midstream Enters $625 million Joint Venture to Acquire Colorado Operation

Houston-based Noble Midstream Partners LP has created a joint venture with Greenfield Midstream, LLC in the $625 million purchase of Saddle Butte Rockies Midstream based in Denver, Colorado. The joint venture will be named Black Diamond Gathering, LLC. Noble plans to fund 50% of the purchase price and will get a 4.4% ownership in the …

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Audit Shows How Millions in FEMA Money was Misspent by Indian Tribe

A Nebraska Indian tribe is on the hot seat over being unable to account for how it spent $14 million in flood-assistance grants from the federal government. Judicial Watch, the government watchdog that’s taken on government agencies time and time again for failing to comply with the Freedom of Information Act is reporting on a …

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First Oklahoma Women in Aviation Day

The first ever Oklahoma Women in Aviation and Aerospace Day was recently held in Oklahoma City. Airport managers and staff, air traffic controllers, military aviation, general aviation and corporate and business aviation were represented at the event held in the Atlantic Aviation hangar at Wiley Post Airport. The day was made law by the Oklahoma …

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