March 2020 archive

Winter and spring storms to hit Oklahoma this week

It’s not officially spring in Oklahoma but the severe weather it typically brings—tornadoes, storms and flooding are a possibility this week. It’s something that energy industry workers should be aware of as they work on providing power for the state, whether it’s wind tower maintenance workers, utility crews or those working on oil and gas …

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Energy news in brief

** The Minnesota Supreme Court rules that a county’s ban on frac sand mining did not violate the Commerce Clause in the U.S. Constitution. ** Minnesota lawmakers are working on legislation aimed at providing relief to homeowners who have been scammed by solar businesses after another company loses its license in the state for substandard work.  ** Attorneys representing 1,700 former Blackjewel …

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President didn’t mention oil industry in his coronavirus address

  When President Trump addressed the nation Wednesday night to announce steps to fight the coronavirus and its impact on the economy he did not offer any specific financial assistance to the oil and gas industry despite calls from independent oil producers to do so. Instead, the President suspended travel from Europe and called on …

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Wyoming leaders also urge President to appeal ethanol blending court ruling

Oklahoma has an ally in its case to urge the president to appeal a federal appeals court ruling against small oil refineries that obtained EPA exemptions from ethanol blending requirements. Wyoming. Small oil refinery operators in Wyoming contend the ruling puts their operation in jeopardy. One of the refineries is owned by HollyFrontier Corporation, the …

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Iowa leaders urge President against appealing ethanol court ruling

Iowa’s leaders have a different view of the ethanol policy than those in Oklahoma.  In wake of a Denver federal appeals court ruling directly affecting a southern Oklahoma small refinery, Oklahoma leaders urged the President to consider an appeal. But this week, Iowa Gov. Kim Reynolds lobbied the President and his administration not to appeal …

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Wichita aviation firm inks deal for wind power in Kansas

  Wichita-based Textron Aviation has signed a 20-year agreement with utility provider Evergy to receive 55 megawatts of power for its two Kansas plants in Independence and Wichita from a new wind farm under construction in Manhattan, Kansas. The Soldier Creek Wind Farm will generate 300 MW and is expected to be operational by the …

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Matador cuts drilling program—executives take pay cuts

One of the Permian Basin operators says it too is cutting capital expenditures and drilling activity because of the plunging oil prices. Word came from Matador Resources Company which indicated its drilling efforts will be cut in half for the rest of 2020. Executives are also taking cuts in pay. The company said it will …

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ALLETE Clean Energy buys western Oklahoma wind project

ALLETE Clean Energy has expanded its holdings of wind energy projects in Oklahoma by buying the 303 megawatt Caddo Wind farm in the western part of the state. The Minnesota-based company made the purchase from Apex Clean Energy and plans to sell power to three Fortune 500 customers to be announced at a later date. The …

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Murphy Oil takes axe to its remaining 2020 budget

  Murphy Oil Corporation based in El Dorado, Arkansas has joined other oil and gas firms in cutting its capital expenditures for the rest of the year because of the massive drop in oil prices. It’s cut the 2020 budget by 35% and layoffs are being made in Texas. The company announced Thursday it had …

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Devon reacts to oil crisis—cuts capital expenditures for rest of the year

The oil crisis has prompted Oklahoma City’s Devon Energy to cut its capital expenditure budget for 2020 by nearly 30 percent. And it means less activity in the STACK. The company announced Thursday it initiated an immediate decrease of $500 million from the full-year 2020 budget. The revised capital budget is now approximately $1.3 billion. …

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