November 2018 archive

ONE Gas wants higher rates for its Kansas Gas Service

A request for a nearly $43 million rate hike by Kansas Gas Service will be considered Dec. 11 by the Kansas Corporation Commission when it holds an evidentiary hearing in Topeka. Customers could see their bills go up another $5.67 a month or another 10 percent. Kansas Gas is a division of ONE Gas, Inc., …

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Murphy Oil in Arkansas reportedly thinking of sale of Malaysian holdings

Murphy Oil Corporation, the company based in El Dorado, Arkansas is reportedly attempting to sell its Malaysian oil and gas assets, a move that could bring $3 billion. Reports indicate the company has already contacted banks for the possible sale of its majority interests in eight separate offshore production sharing contracts in Malaysia. “Murphy wasn’t …

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Government to continue offering biofuel waivers to certain refineries

Environmentalists don’t like it but a report indicated the Trump administration will continue offering waivers to oil refineries from meeting certain U.S. biofuel mandates. Bloomberg News reports there is continued pressure from ethanol advocates who want the waivers eliminated. But it said the Environmental Protection Agency is also considering applications from 15 refernies for the …

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Fox News wasn’t ‘objective’ in Scott Pruitt interview and now some people have been disciplined

Fox News Channel likes to say it is “fair and balanced” but emails discovered through a Freedom of Information Act request show its interview of former EPA Administrator Scott Pruitt last year was obviously slanted. Sure, so are interviews from the other major TV networks, ABC, CBS, NBC and CNN.  Their slants are the other …

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Montana federal judge allows company to move ahead with some work on the Keystone XL pipeline

The federal judge who blocked TransCanada’s permit to build the Keystone XL oil pipeline is easing somewhat on his ruling, now allowing preliminary work to continue. Otherwise, U.S. District Judge Brian Morris in Montana says his order blocking construction remains in effect. The original order was issued Nov. 8 in which he issued an injunction. …

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Sen. Lankford says energy sanctions should be applied to Russia over Ukrainian naval incident

Oklahoma U.S. Sen. James Lankford says the U.S. should apply more sanctions, including those involving energy, against Russia following its firing on 3 Ukrainian gunboats and a tug and the seizure of their crews. “We should be speaking out loud diplomatically, speaking at the UN, we should be talking about increased sanctions,” said the Senator …

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Williams Cos. reportedly trying to unload its share of Jackalope Gas system in Wyoming

  Tulsa’s Williams Cos. is reportedly trying to sell its ownership in the Jackalope Gas Gathering Services in Wyoming, a move that Bloomberg News says could bring more than $500 million for the company. Williams owns 50 percent interest in the gas line and processing plant operation. But sources have told Bloomberg that no decision …

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Devon declares quarterly dividend

The coming retirement of Devon Energy board chairman John Richels wasn’t the only announcement by the board this week. The company also announced the board declared a quarterly cash dividend on Devon’s common stock for the first quarter of 2019. The 8-cent a share dividend will be payable March 29, 2019 .  

Devon’s John Richels is retiring

Devon Energy in Oklahoma City will soon see a change in leadership in the coming year as board chairman John Richels has announced his intentions to retire in the spring of 2019. He has been chairman since June 2016 and said he will not seek re-election and will retire in June 2019. Previously, Richels was …

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Highway freight program is working in Oklahoma

  During a U.S. Senate hearing this week, the President of a national highway transportation group noted how successful a freight program is working in Oklahoma. Carlos Braceras is President of the American Association of State Highway and Transportation Officials and testified before Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Committee on …

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