An SEC filing by Oklahoma City’s Chesapeake Energy shows the company’s Savings and Incentive Stock Bonus plan lost money last year compared to 2017. The SEC Form 11-K was filed this week and showed the net assets available for benefits fell from $610,818,340 in 2017 to $513,641,672 in 2018. Total investments went from more than …
While FEMA’s been busy dealing with flood victims in Oklahoma in the past few months, its former administrator Brock Long is still facing criticism for not paying back thousands of dollars in unauthorized use of government vehicles. A report by POLITICO shows he has returned only $2,716 of the $151,000 he spent for using …
The 50th Anniversary of the historic Apollo 11 Moon Landing will take place this July. Neil Armstrong and Buzz Aldrin became the first individuals to set foot on the moon on July 20, 1969 forever leaving their mark on spaceflight history. Some of the artifacts they carried to the moon now rest in a museum …
Oil is expected to be flowing this week through the Plains All-American Pipeline from the Permian Basin to the Corpus Christi refineries and storage areas. The Cactus II oil pipeline has a capacity of 670,000 barrels a day. The company plans to begin the process called “line fill” in which the pipeline is filled with …
At least one official in the Environmental Protection Agency believes former Administrator and ex-Oklahoma Attorney General Scott Pruitt might have violated a legal settlement involving a proposed mine in Alaska. As Politico’s Morning Energy Report revealed, the EPA has started attempts to reverse an Obama-era bid to block the proposed Pebble Mine in Alaska. A …
The renaming of Oklahoma’s two major oil and gas industry groups following their merger is catching the attention of more Oklahomans. The Petroleum Alliance of Oklahoma is the name of the new group following last year’s merger of the Oklahoma Independent Petroleum association and the Oklahoma Oil and Gas Association. OK Energy Today reported …
The recent defeat of a proposed wind farm west of Wichita, Kansas has stunned the wind industry. It also has given hope to those who don’t want the giant wind towers in their neighborhoods or counties. The Wichita Eagle explored the controversy after NextEra Energy lost its effort to locate a wind farm in Reno …
Some of those in Oklahoma’s congressional delegation are asking the federal government to carry out a study of the flood levees in Tulsa following the deadly and devastating floods that hit the Arkansas River in May. Sens. James Lankford and Jim Inhofe along with Rep. Kevin Hern of Tulsa made the request of the U.S. …
Royalty owners in Texas are getting new protections under a new law signed by Gov. Greg Abbott. It is designed to safeguard mineral owners from fraudulent activity and at the same time, strengthen private property rights. House Bill 3838 amends the Texas Property Code to require mandatory disclosures in offers to purchase mineral and royalty …
Oklahoma’s three major utilities are joining forces in July to hold an annual fundraiser for the Salvation Army of Central Oklahoma. The event is the annual Home Energy Aid fundraiser and the three utilities joining with the Salvation Army are Oklahoma Gas and Electric, Oklahoma Natural Gas and Public Service Company of Oklahoma. The fundraiser …
