The Federal Energy Regulatory Commission is being asked to make a decision on “net metering” and it could possibly affect how Oklahoma utilities handle rates for solar and wind powered electricity. Under Oklahoma law, utilities are not allowed to impose extra charges for customers signed up for net metering up to 100kw in size or …
Oil and gas operators in New Mexico think their state regulators made the right decision this week in support of an emergency policy to allow the operators to shut in and deactivate wells without facing a penalty. The policy was adopted as the price of oil dropped into the negative territory as a result of …
The effort to eliminate and reduce the impact of the Waters of the U.S. rule that was proposed in the Obama administration and fought by farmers across the country is closer to reality. The Trump administration’s Navigable Waters Protection rule (2040-AF75), which narrows the number of streams and wetlands that are protected under …
** Denver’s -Whiting Petroleum Corporation announced today on April 14, 2020, it received a notice from the New York Stock Exchange that the Company’s common stock is not in compliance with the NYSE’s continued listing standard that requires the average closing price of a listed company’s common stock be at least $1.00 per share over a consecutive …
The pandemic has struck Hertz, the U.S. car rental company but it’s unknown how many of the 10,000 workers losing their jobs are in Oklahoma. Hertz Global Holdings filed a WARN alert with the Oklahoma Workforce Development office explaining it plans to lay off the 10,000 workers across the U.S. where the company has an …
Tapstone Energy, LLC announced it has concluded its financial restructuring plan which included a reduction of debt by $450 million, $50 million in new investment from one company and a new four-year loan of $145 million. And it’s looking with an eye toward expansion. The company said the restructuring was a move to recapitalize …
Congressional leaders from the country’s big corn producing states are bemoaning the lack of government aide to the ethanol industry in a $19 billion aid package announced by the U.S. Department of Agriculture. Missing from that package was money for biofuel producers who are suffering huge demand losses as millions of Americans have stopped driving. …
The nation’s ethanol industry could take a $10 billion hit over the coronavirus pandemic according to the Renewable Fuels Association. Ethanol plant operators are experiencing some of the same pains felt by refineries. Details came this week in the Oklahoma Farm Report which indicated it will have an impact also on corn growers. As …
Writing in the Dallas Morning News, the leader of Texas-based Marathon Oil takes a stand against Texas ordering a reduction in oil production, saying he favors the free market. Here is what Lee Tillman wrote in the Tuesday edition of the newspaper: “Marathon Oil stands firmly opposed to the petition to prorate domestic oil and …
Williams in Tulsa has named a new leader of its projects across the company’s 24-state footprint. Chad Teply has been appointed senior vice president of Project Execution, taking over guidance of project management, construction, environmental, regulatory and permitting, facilities and land management. Teply is new to Williams and succeeds John Poarch who left the company …
