Oklahoma wind and Texas solar developments now play a vital role in Ball Corporation’s energy sustainability plan. The Colorado-based beverage packaging and aerospace company announced Thursday that it will purchase 388 megawatts (MW) of new renewable energy under two new wind and solar power agreements to address 100% of the North American electricity load utilized …
April 2019 archive
CenterPoint Energy Reports Annual Meeting Voting Results
Houston-based CenterPoint Energy, Inc. announced the results of shareholder voting at its 2019 Annual Meeting held on Thursday, according to a company press release. Shareholders approved the following three proposals: The election of Leslie D. Biddle, Milton Carroll, Scott J. McLean, Martin H. Nesbitt, Theodore F. Pound, Scott M. Prochazka, Susan O. Rheney, Phillip R. …
Anadarko Petroleum Receives Offers From Chevron and Occidental
Chevron isn’t the only suitor interested in acquiring Texas-based Anadarko Petroleum Corp. It appears that Houston’s Occidental Petroleum Corp. has sweetened the deal, offering $76 per share, well over Chevron’s $65 per share. Here’s where the game of “connect the dots” gets interesting. Back in 2006, Anadarko Petroleum acquired Oklahoma City-based Kerr-McGee Corporation. A relationship …
OK Senate Self-Audit Environmental Bill Heads to Governor’s Desk
A controversial environmental measure from the Oklahoma State Senate is headed to Gov. Stitt’s desk for further action after passing through the House of Representatives on Wednesday. Authored by Sen. Mark Allen of Spiro and sponsored by House Rep. Mark McBride of Moore, Senate Bill 1003 would allow regulated entities to voluntarily conduct self-audits as …
Plains All American Pipeline Fined $3.3 Million for California Disaster
A pipeline company with Oklahoma ties was slapped with a $3.3 million fine on Thursday for a 2015 oil pipeline rupture that contaminated beaches along the California coast. Federal inspectors determined that Houston-based Plains All American Pipeline “made several preventable errors, failed to quickly detect the pipeline rupture and responded too slowly as oil flowed …
Oil and gas industry thanks governor for additional highway funding
The transportation bill signed into law this week by Oklahoma Gov. Kevin Stitt drew thanks from OIPA-OKOGA President Chad Warmington. He commented after the governor signed House Bill 2676 which provides another $30 million to the county roads and bridges improvement fund. OK Energy Today reported earlier this week about the governor’s action. “Oklahoma’s oil …
Rep. Horn draws first GOP opponent
Oklahoma’s only Democratic U.S. Representative is drawing a Republican opponent. State Sen. Stephanie Bice announced Wednesday she intends to run for the GOP nomination in a bid to unseat Congresswoman Kendra Horn, the Democrat who upset GOP Rep. Steve Russell last fall. Bice says she will campaign against Horn by linking her to the socialist …
Anadarko slipped bonuses to executives before big sale to Chevron
You would be smiling too if your company just slipped you millions in help. Just before Chevron Corp. announced its $33 billion buyout offer of Anadarko Petroleum Corp., Anadarko’s board of directors gave big raises to its senior executives. The move was made one day before the announcement and it put Chief Executive Officer Al …
Truck line hands out $750,000 in bonuses to Million Mile drivers
The J.B. Hunt truck line held its annual Million Mile Celebration event this week and handed out $750,000 in bonuses to the 53 drovers who surpassed, two, three and four million safe miles in their careers. Each driver’s bonus was based on the total miles achieved for the company headquartered in Lowell, Arkansas. “Drivers like …
Devon Energy files proxy statement with SEC
Devon Energy has filed its annual meeting proxy statement with the Securities and Exchange Commission. The filing was made Wednesday in preparation for the June 5 annual meeting that will be held at the Devon Energy Center Auditorium, 333 W. Sheridan Ave. in Oklahoma City. The meeting will begin at 8 a.m. The company asked …