Even as reports speculate that President-elect Biden will cancel the controversial Keystone XL pipeline project, reports indicate a Canadian province that invested more than $1 billion in taxpayers’ money in the project is considering its own action. Alberta leaders admit they might have to sell pipe and materials in order to recover an estimated …
Tulsa’s NGL Energy Partners LP provided more details about its long-term supply agreement and global settlement with Extraction Oil and Gas, Inc. after Extraction came out of bankruptcy. Extraction had earlier rejected two transportation service agreements with Grand Mesa Pipeline LLC which is a subsidiary of the NGL partnership. When Grand Mesa appealed the …
New Mexico has launched an investigation into PFAS contaminated water at the Cannon Air Force base near Clovis and the Holloman Air Force base at Alamogordo, New Mexico. It’s part of the state’s effort to locate contamination of “forever” chemicals which don’t easily degrade in the environment. Both are sites with contamination caused …
After completion of its recent acquisition of Parsley Energy, Dallas-based Pioneer Natural Resources Company has launched a $2.5 billion note offering in order to help pay for the move. Pioneer announced its offering $1 billion in 2.150% senior notes with a Jan. 15, 2031 maturity; a $750 million offering of 1.125% senior notes that …
Oklahoma Congressman Kevin Hern is named to the House Ways and Means Committee, thereby surrendering his membership on other committees including the Natural Resources Committee. Members of the Ways and Means Committee are not allowed to serve on any other House Committee unless they are granted a waiver from their party’s congressional leadership. Ways …
Laredo Oil of Austin, Texas, not to be confused with Tulsa-based Laredo Petroleum Inc. announced the completion of its acquisition of Stranded Oil Resources Corporation, a wholly-owned subsidiary of Alleghany Corporation. Laredo Oil, a managing services company, acquired 100% of Stranded Oil’s stock. Based in Austin, Laredo typically manages the acquisition and conventional operation …
A move by the EPA to extend the 2019 and 2020 compliance deadlines for biofuel waivers likely means they won’t be granted anytime soon because of a Supreme Court case involving at least one Oklahoma refinery. The agency has changed its mind. The EPA recently proposed extending the compliance deadlines under the Renewable Fuels …
High school seniors in the Pittsburg County town of Kiowa are being offered $12,000 in academic college scholarships by Kiowa Power Partners, LLC, owner of the Tenaska Kiamichi Generating Station near the town. Shell Energy North America L.P. is also a sponsor. Tenaska, one of the leading independent power producers in the United States, …
Retired Air Force Major General James G. Randolph, who once worked for Kerr McGee in Oklahoma City and later was an Assistant Secretary of Energy for Fossil Fuel at the U.S. Energy Department died earlier in January at Bethesda, Maryland. He was 90, Randolph finished his Air Force Career as Commander of the Oklahoma …
Oklahoma House of Representatives committee assignments and schedules for the 58th Oklahoma Legislature were announced. The House will operate with 30 standing committees and 10 appropriations and budget subcommittees for the two-year session beginning Feb. 1. Committee schedules are available here. House Speaker Charles McCall, R-Atoka, made the committee assignments including those related to energy, utilities …
