March 3, 2024 archive

EPA steps away from rule on gas-fired power plants

  The Biden Administration and its Environmental Protection Agency are backing off deeply opposed plans to apply restrictive climate rules on the 2,000 gas-fired power plants across the U.S., including those in Oklahoma. But it is only temporary—until after the November election. The rule drew a rebuke last summer of Oklahoma Attorney General Gentner Drummond. …

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Chesapeake Energy and Southwestern Energy proposed shareholder meetings to decide on merger

Oklahoma City’s Chesapeake Energy and Houston’s Southwestern Energy Company are preparing for virtual meetings of shareholders to approve the merger they announced in January. The all-stock transaction valued at $7.4 billion was announced January 10 and at the time, the two firms revealed a new company name would be chosen but the firm would remain …

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