American Electric Power, parent company to Public Service Company of Oklahoma said it will accelerate its electric vehicle purchases with the goal of replacing 100% of its 2,300 cars and light-duty trucks with EV alternatives by 2030. It means more electric trucks of the company’s subsidiaries throughout Oklahoma, Arkansas and the Texas Panhandle will …
Holly Energy Partners, L.P. ‘s wholly-owned subsidiary, Frontier Aspen LLC is conducting a binding open season to assess shipper interest in committed crude oil interstate transportation service of expansion capacity that Carrier is considering developing on its existing pipeline, from origin points in and around Casper, WY to destination points in and around Frontier Station, …
Public Service Company of Oklahoma has filed a request with the Oklahoma Corporation Commission for approval of a project that would bolster energy reliability and resilience at the U.S. Army base in Fort Sill, Okla. The project would provide more clean energy to the power grid, add to the safety and security of grid …
Florida-based utility and power producer NextEra Energy Inc., the company with major wind farm operations throughout Oklahoma, surpassed Exxon Mobil Corp. in stock market value last week, reinforcing bets on Wall Street that a cleaner energy system has long-term value. NextEra’s market capitalization pushed above $138 billion in intraday trading Friday, eclipsing Exxon, …
In Nebraska, questions are being raised about a loan from a private cooperative of rural public power districts to a group created in the political fight against expansion of wind and solar generation in the state. The Lincoln Journal Star’s story focuses on the startup loan given the group Nebraskans for Reliable and Affordable …
Alliant Energy has topped 1GW of wind energy in the US state of Iowa with the completion of the 130MW Richland wind farm in Sac County. The company said the 1GW goal has been reached several months ahead of schedule and within budget according to a report by ReNews.BIZ. Richland is among five wind …
The Oklahoma Tax Commission is bracing for a drop in state tax revenue because of the recent U.S. Supreme Court decision, a drop that could total into the hundreds of millions of dollars. A report by the commission regarding the impact of the McGirt v. Oklahoma ruling will lower the state’s revenue collections of …
The New Mexico Oil and Gas Association released a new report showing that New Mexico’s oil and natural gas industry supported 134,000 in-state jobs and added $16.6 billion to New Mexico’s economy in 2018. According to the analysis, the industry accounted for 12% of statewide employment and 16% of the state’s economy. The report was prepared …
Third Coast Midstream, LLC announced that a subsidiary has completed the sale of its Cushing, OK crude oil storage business “AMID Crude Oil Storage” to HCS Holdings, LLC, an affiliate of Hartree Partners, LP. AMID Crude Oil Storage consists of five crude oil storage tanks with approximately 3.0 MMBbls of storage capacity. “Third Coast Midstream …
Oklahoma City-based Devon Energy Corp. has completed the sale of its assets in the Barnett Shale of North Texas to Banpu Kalnin Ventures. Devon received a cash payment of $320 million from BKV at closing, after adjusting for a $170 million deposit received in April and purchase-price adjustments that, among other things, allocate revenues …
