Oklahoma U.S. Sens Markwayne Mullin and James Lankford contend the EPA’s latest proposed rule regarding waste-to-energy operations might be going too far and hurt Oklahoma landfill operations. The two sent a letter to environmental Protection Agency Administrator Michael Regan to express their concern over the proposed rule. Mullin is the Ranking Member of the Environment …
September 2024 archive
Friday is deadline for Hiett’s response in fight over utility rate case voting
Oklahoma Corporation Commissioner Todd Hiett has until Friday, Sept. 27 to respond to a legal move made by three state legislators to remove him from voting on rate cases involving PSO, ONG and OGE in light of allegations of public drunkenness and sexual assault made against him. The Supreme Court issued an order this …
Chesapeake Energy finishes merger with new name after winning FTC approval
After waiting extra months for approval from government regulators, Oklahoma City’s Chesapeake Energy announced Thursday its merger with smaller rival Southwestern Energy Company was finally approved and it came with a new name. While the new company will be called Expand Energy, its headquarters will remain in Oklahoma City. Chesapeake stated in its announcement …
Vital Energy and Northern Oil and Gas complete takeover of Permian Basin assets
Tulsa’s Vital Energy, Inc. and Northern Oil and Gas, Inc. announced this week they closed their $1.1 billion acquisition of oil and gas operations in the Permian Basin. The deal just increased the holdings for Vital. Vital Energy acquired 80% and NOG the remaining 20% of Point Energy Partners which is a portfolio company …
Gulfport Energy makes $25 million in stock buyback
Oklahoma City’s Gulfport Energy Corporation revealed it repurchased nearly $25 million in its shares from Silver Point Capital, L.P. In a SEC filing, the company explained Silver Point Capital agreed to sell 170,000 shares of the company’s common stock at a price of $146.25 per share. It represented an approximate 2% discount to the last …
Support for NASA given by Congressman Lucas and others on House Committee
NASA got a big boost this week from Oklahoma Congressman Frank Lucas and other members of the House Science, Space, and Technology committee when they passed the NASA Reauthorization Act of 2024. Officially known as H.R. 8958, the NASA Reauthorization Act of 2024, the measure reaffirmed the U.S. commitment to leading global space …
Thefts from EV chargers more money-driven than political
Electric vehicle chargers – thousands of them, maybe millions – are popping up nationwide to serve the growing number of EVs. Those charging stations are being targeted. JD Power reports that almost one in every five attempts to charge an EV in public has failed because of damaged or missing cables. In some cases, the …
OK Broadband Governing Board To Vote On Projects
The Oklahoma Broadband Governing Board votes on more than $260 million dollars in projects to extend internet service to the state’s underserved areas. The board meeting this (Thursday, September 26) afternoon at 1:30 p.m. in room 105 at the Harvey Parkway Building in Oklahoma City. The money disbursed will come from the American Rescue Plan …
Federal BSEE monitoring offshore oil & gas operations as storm arrives
The US Bureau of Safety and Environmental Enforcement estimates that just over 16 percent of oil production in the Gulf of Mexico and 11 percent of natural gas production in the region has been shut-in. The Tulsa-based Oil and Gas Journal reports that as those actions were being taken, the National Hurricane Center was warning …
Oklahoma Governor Stitt back on the job after Friday surgery
Oklahoma Governor Kevin Stitt is back on the job after having surgery last Friday. A normal checkup discovered a “significant blockage” in a main heart artery, according to Stitt’s office. The Tulsa World reports the 51-year-old politician had intravenous surgery Friday and doctors repaired the blockage with a stent. He returned to the office to …