Phillips 66 just took a nearly $605 million hit in the pocketbook in a jury verdict involving a trade secrets misappropriation lawsuit filed by Propel Fuels, a retailer of low-carbon fuels at stations throughout California. After a five-week trial in the Superior Court of California, County of Alameda, a jury awarded a $604.9 million …
October 18, 2024 archive
EPA and New Mexico oil/gas producer settle air quality complaint for $9.4M
The U.S. Environmental Protection Agency and U.S. Department of Justice announced a more than $9 million settlement with Hilcorp Energy Co. on Oct. 17 that resolved Clean Air Act and New Mexico Air Quality Control Act violations at the company’s oil and gas production operations in New Mexico. The case is the first of …
OGE launches new generation project at Horseshoe Lake as plant celebrates 100th anniversary
Oklahoma Gas & Electric Company broke ground on two new power generation units on Wednesday at its Horseshoe Lake Power Plant in Harrah, Oklahoma. During the groundbreaking, OG&E leaders, local officials, and Horseshoe Lake staff and retirees also celebrated the plant’s 100th year of providing power to central Oklahoma. “When Horseshoe Lake opened, electricity was …
PSO parent’s proposal focuses on financial risk of power-hungry data centers
Some of the largest companies in the world are fighting with the parent company of Public Service Co. of Oklahoma (PSO) over how to allocate financial risk from the growth of data centers. The utility, American Electric Power based in Columbus, Ohio, has asked the state to adopt rules that would require the owners …
