Local governments and nonprofit organizations can submit an application to the Oklahoma Department of Environmental Quality (DEQ) for funds aimed at solid waste improvements. The Oklahoma Solid Waste Management Act (Act) affords DEQ resources to help local governments with things such as cleaning up illegal dumps, hiring environmental enforcement officers, and hosting household chemical and …
Colorado-based East Daley Capital Advisors, Inc. is out with a new report highlighting the decline in natural gas production across the U.S. The energy data and insights company merges commodity and financial analysis and tracked more than 3.1 Bcf/d of natural gas curtailment this week. Low oil prices are leading to widespread oil well shut-ins …
A new player has entered the pitch by oil and gas operators to get approval for emergency storage of crude oil at remote sites in Oklahoma—the Department of Environmental Quality. If adopted by the Oklahoma Corporation Commission, the DEQ would have a say whether a remote crude oil storage site would be approved. The …
** Wisconsin’s largest utility reports industrial power usage is down 18% since a statewide stay-home order was issued in March while total retail sales are expected to drop 5% over the next nine months. ** Murray Energy creditors seek permission to sue founder Robert Murray and family members to recover $71 million in alleged excessive compensation in the years leading up …
Led by Maryland Democrat Rep. Jamie Raskin, some 60 Democrats in the U.S. House pressured U.S. House leadership this week not to allow the oil and gas industry to use COVID-19 to get immunity for climate change and pollution. Oklahoma’s only Democrat in the House, Rep. Kendra Horn of the 5th District was not among …
As Oklahoma regulators consider a possible move to allow crude operators to shut in wells without losing their leases, North Dakota is doing the same. And it’s affecting not only major producers like Oklahoma City’s Continental Resources but small operators too. Reuters recently focused on the issue in North Dakota. Click here for the story.
The Annual Meeting of Shareholders of OGE Energy Corp. will be held virtually via the internet at 10 a.m. CDT, Thursday, May 21, 2020. Details on how to access the meeting are included in the proxy materials made available to each shareholder. Members are encouraged to vote their shares prior to the annual meeting by the applicable …
The Oklahoma Employment Security Commission (OESC) continues to process unemployment claims and Pandemic Unemployment Assistance (PUA) at an unprecedented volume while regularly screening systems for fraudulent claims. “We paid more claims in the first three weeks of the pandemic than OESC did during all 12 months of 2019, and the agency has paid out over $432 million in …
ONEOK’s latest note offering totals $1.5 billion in notes being offered to investors according to a filing made with the Securities and Exchange Commission. It includes $600,000,000 in 5.850% notes due 2026; $600,000,000 in 6.350% notes due 2031 and $300,000,000 in 7.150% notes due 2051. The filing followed one earlier in the week …
Few energy companies are reporting a profit in their most recent quarterly financial reports. Most are reporting losses and Tulsa-based Williams Cos. is one of them, stating this week it suffered a first-quarter 2020 loss of $517 million. It figures to a 43 cent a share loss for investors but earnings, adjusted for non-recurring …
