Three more utilities seeking state assistance in pausing some of the billions of dollars in gas bills they suffered in the February winter storm were given confidentiality by Oklahoma regulators as the firms try to avoid a direct pass-through of their costs to consumers. The confidentiality approval by the Oklahoma Corporation Commission came after …
A bill targeting electric vehicles for possible fees on road use in Oklahoma won overwhelming approval Tuesday in the State House of Representatives. House Bill 1712, authored by Mustang Republican Rep. Brian Hill creates a road User Charge Task Force and was passed on a vote of 81-15 and sent to the Senate for a …
New Mexico’s U.S. Senators, both Democrats might be having second thoughts about President Biden’s early executive orders putting a freeze on oil and gas leases on public lands. Sens. Martin Heinrich and Ben Jay Lujan sent a letter this week to White House national climate adviser Gina McCarthy urging the administration not to make …
** The Biden administration said Tuesday that it will deliver an interim report on its suspension of oil and gas sales from federal lands and waters by summer, but officials declined to state how long the moratorium could remain in place. ** More than 90 Montana state lawmakers call for a reversal of President Biden’s decision …
Kansas regulators have opened investigations into the practices of seven utilities and gas supply firms during the February storm that resulted in historic gas prices and rolling blackouts in some areas of the state. One of the targets of the investigation is Kansas Gas Service, a subsidiary of Oklahoma-based ONE Gas. Kansas Gas Service …
Arkansas regulators have signed off on allowing Producers Rice Mill Inc. and Scenic Hill Solar of North Little rock to build the state’s largest commercial solar power and battery storage system. The operation will be located at the mill’s site in Stuttgart, a city located southeast of Little Rock. Arkansas Business reported the approval …
ConocoPhillips announced that it resumed its share repurchase program at an annualized level of $1.5 billion, a 50% increase compared to the level of repurchases underway in the fourth quarter of 2020 when the program was suspended due to the Concho transaction. The company expects to execute the program ratably across all four quarters …
Devon Energy and other explorers in the Permian Basin will see some competition in oil production as Chevron Corp. unveiled plans this week to increase its investment in the big oil field and do so through at least 2025. In an investor presentation on Tuesday, Chevron Chief Executive Officer Mike Wirth surprised investors by …
For now, the nomination of Democratic congresswoman Deb Haaland of New Mexico to be the Interior Secretary, a nomination opposed in committee by Oklahoma U.S. Sen. James Lankford, isn’t going anywhere in the Senate. Montana Republican Sen. Steve Daines, who spoke out against Haaland’s environmental stands for being extremist was joined this week by …
Critics of the oil and gas industry are lauding over California Democratic Congresswoman Katie Porter and her firey response to an oil industry spokesman’s claims that the industry doesn’t receive tax breaks. It happened Tuesday during a hearing of the House Natural Resources subcommittee that Porter chairs. Porter, known for her stance against the …
