Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Environment and Public Works Committee are encouraging Acting EPA Administrator Andrew Wheeler against retroactively reallocating the Renewable Fuel Standard (RFS). “In recent weeks, media reports indicated that the Environmental Protection Agency (EPA) considered a proposal to retroactively reallocate the Renewable Fuel Standard (RFS) compliance obligations …
Did someone take the wind out of the sails of PSO? In a move that some think will kill the $4.5 billion Wind Catcher wind farm in the Oklahoma Panhandle, the Texas Public Utility Commission voted Thursday to unanimously reject the project. The commissioners indicated it doesn’t offer enough benefits for ratepayers as the way …
Houston’s Encino Acquisition Partners, the company that just made a $2 billion purchase of Utica Shale holdings from Oklahoma City’s Chesapeake Energy indicated the deal means more than 900,000 net acres of leasehold. In its announcement, Encino said the nearly 900 wells involved in the deal in Ohio produce more than 600 million cubic feet …
Oklahoma City’s Chesapeake Energy Corporation announced it is selling its Utica Shale operating area in Ohio in a $2 billion deal with Houston’s Encino Acquisition Partners. The sale should be finalized in the fourth quarter of the year and includes a $100 million contingent payment based on future natural gas prices. Chesapeake indicated it will …
Reporter Steve Lackmeyer at The Oklahoman always has his ear in tune to business developments in Oklahoma City. His latest story focuses on the $40 million new headquarters to be built for Heartland, the U.S. payments and payroll division for Global Payments. In Friday’s edition, Lackmeyer reported how plans are finalized and construction is expected …
Energy Transfer Partners based in Dallas, the company behind the controversial Dakota Access Pipeline in South Dakota plans to releases its second quarter earnings report on Aug. 8. The company already approved a quarterly cash distribution of $0.565 per common unit which translated to $2.26 on an annualized basis. It was also the same distribution …
Second quarter results will be released later in August by Tulsa’s Cypress Energy Partners, L.P. which also declared a cash distribution of 21 cents a share. The company’s board of directors approved the cash distribution which will be payable on Aug. 14 to all unitholders of record on Aug. 7, 2018. The 21-cents is the …
Midstates Petroleum Company, Inc. of Tula is planning to release its second quarter 2018 earnings report on Aug. 2. The Thursday release will be made after the close of trading on the New York Stock Exchange. Then company leaders will hold a conference call on Friday, Aug. 3 at 8 a.m. Central time to discuss …
Two northeast Oklahoma legislators have come out in support of the controversial Wind Catcher Energy Connection Project, one that would create the largest wind farm in the U.S. State Sen. Roger Thompson of Okemah and Rep. Weldon Watson of Tulsa issued statements urging the Corporation Commission to grant preapproval of the project proposed by Public …
