The latest to join the list of pipeline companies seeking customers to move their crude oil out of the Permian Basin in Texas and New Mexico to the Gulf Coast refineries is Plains All American Pipeline, L.P. The Houston-based company announced this week it has sufficient customer interest to conduct a binding open season for …
Another city is expanding its fleet of CNG vehicles. Santa Fe, New Mexico has awarded a $3 million contract to Clean Energy Fuels Corp. of California to design, build and operate the new compressed natural gas fueling station to serve public and private customers. The station will primarily be used for Santa Fe’s transit and …
Oklahoma companies and those firms with operations in the state were among those U.S. corporations listed in Newsweek Magazine’s annual Green Rankings. Boeing, with major operations at Tinker Air Force base in Midwest City was ranked 22nd out of the top 500 global publicly traded companies. Based on the magazine’s annual assessment of sustainability …
A Canadian County District judge has granted a temporary restraining order to prevent Tulsa-based Citizen Energy from moving ahead with drilling two oil wells in the city limits of Mustang. The city sought the order after Citizen Energy reportedly said it would proceed with the two wells without complying with certain restrictions approved by the …
While Carl Icahn, the man known as a “corporate raider” is critical of SandRidge Energy’s recent $746 million purchase of Denver’s Bonanza Creek Energy, SandRidge is responding with its side of the story. In a letter and “investor deck” to shareholders, SandRidge maintains the purchase is a “strong strategic fit” with “high quality assets” and …
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 …
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 …
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 …
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 …
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 …
