August 2019 archive

Colorado appeals court upholds $60 million judgment against New Jersey gas company

The 10th U.S. District Court of Appeals in Denver has upheld a $60 million judgment against a New Jersey gas company and in favor of a Colorado gas supply company. The ruling came as a result of lawsuits filed concerning an 8-year contract for Antero Resources Company, headquartered in Denver, to deliver natural gas from …

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Study focuses on impact of electric cars in Colorado

A new report on CO2 emissions in Colorado makes a lot of ‘assumptions’ in predicting the impact of electric vehicles in the state. A new report commissioned by Community Energy, Inc. finds that electric vehicles, combined with accelerated coal plant retirements, can reduce Colorado’s CO2 emissions by 42 percent by 2040 relative to today’s levels while …

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DEQ issues boil order in Valliant over discovery of E. coli

The Oklahoma Department of Environmental Quality (DEQ) has advised the Valliant Public Works Authority, located in McCurtain County, to inform residents and users of the drinking water to use water that has been brought to a full, rolling boil for at least one minute, bottled water, or water from another acceptable source for consumption, use …

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Congressman focuses on energy issues during August recess

During his return home for the August congressional recess, Oklahoma U.S. Rep. Markwayne Mullin has focused on energy-related issues with his constituents. In an enewsletter, he mentioned some of the energy groups he met with in recent days. “Our economy is booming. More than 6 million jobs have been created since President Trump took office …

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Cheniere Energy reports drop in net income

As it works toward completion of a nearly $1 billion new pipeline in Oklahoma’s STACK and SCOOP plays, Houston’s Cheniere Energy Partners L.P. reported a second quarter drop in net income of $232 million. The company had net income of $281 million in the second quarter of 2018. The firm’s net income for the six …

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More investors sought by rig-maker Helmerich and Payne

Tulsa’s Helmerich & Payne, Inc. announced that Dave Wilson, Director of Investor Relations, will attend the Susquehanna Energy, Industrials & Airline Conference on Tuesday, August 13, 2019 in New York City and the 2019 Heikkinen Energy Conference on Wednesday, August 14, 2019 in Houston, Texas. The investor slides to be used during the conferences will …

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Tulsa based coal mining firm to close operations at a Kentucky mine

Tulsa’s Alliance Resource Partners, L.P. announced it is shutting down operations of one of its coal mines where operations started in 1969. The company announced coal production will end August 16 at the Dotiki Mine in Webster County, Kentucky. “Unfortunately, weak market conditions made this action necessary,” said Joseph W. Craft III, Chairman, President and …

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Nustar Energy to seek more investors

San Antonio’s NuStar Energy L.P., the company with 9,800 miles of 9,800 miles of pipeline throughout Oklahoma, Texas, Colorado and New Mexico will take part in a conference seeking new investors. Brad Barron, President and Chief Executive Officer will be joined by Tom Shoaf, Executive Vice President and Chief Financial Officer at the 2019 Citi …

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Sierra Club comes out against expansion of Spiro coal mine

A coal mining company recently submitted an application to the Bureau of Land Management (BLM) to expand the existing Pollyanna No. 8 active coal mine across “270 acres of additional Federal coal reserves located approximately 2 miles east of the town of Spiro, Oklahoma.” It is estimated that this mine expansion, requested by Georges Colliers, …

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Increased highway funding in Sen. Inhofe’s transportation bill

Oklahoma transportation officials are closely watching a funding bill moving through Congress, according to a report by KOSU’s Michael Cross. The measure by Senator Jim Inhofe has the potential to bring the Oklahoma Department of Transportation $4.2 billion dollars over five years – an increase of $100 million more than 2015. ODOT Director Tim Gatz …

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