** The Trump administration has approved a Texas port capable of shipping 1 million barrels of oil a day proposed by Sentinel Midstream LLC. The project, first proposed in 2019 and known as the Texas GulfLink Deepwater Port, had been awaiting a final authorization from the Transportation Department’s Maritime Administration. ** General Motors is closing a …
February 2025 archive
Canada allows exemptions for ConocoPhillips
ConocoPhillips announced that it has received exemptive relief from the applicable Canadian securities regulatory authorities regarding future filing requirements. The company became a reporting issuer for Canadian securities law purposes by virtue of the acquisition of Marathon Oil Corporation in November 2024, which made it subject to Canadian continuous disclosure and other reporting obligations …
Legislator defends House bill—denies it is a ROFR bill
The claims of former Corporation Commissioner Jim Roth about Rep. Trey Caldwell’s HB2747 are being denied by the legislator from the southern Oklahoma town of Faxon. Roth called HB2747 a “ROFR” bill but in a response to OK Energy Today’s inquiries, Rep. Caldwell said it is not a “right of first refusal bill.” He …
Mitchell talks energy with Jerry Bohnen—another Supreme Court challenge about Todd Hiett
Scott Mitchell talks energy with Jerry Bohnen and their newest topic…..another Supreme Court challenge of action by the Corporation Commission. The challenge was filed by Rep. Tom Gann who continues challenging Commissioner Todd Hiett’s continued votes on utility rate cases.
EPA Administrator finds $20 billion in unknown green energy funds
A week into his new job as Administrator of the Environmental Protection Agency and Lee Zeldin discovered what he contends was a scheme by the Biden administration to dump billions of dollars into a financial institution to be quickly handed out to green energy businesses. “This scheme was the first of its kind in EPA …
Mach dividend announced
Mach Natural Resources LP announced that the board of directors of its general partner declared a quarterly cash distribution for the fourth quarter of 2024 of $0.50 per unit. The quarterly cash distribution is to be paid on March 13, 2025, to the Company’s unitholders of record as of the close of trading on …
New executive at Mammoth Energy
Mammoth Energy in Oklahoma City has a new chief executive officer on board. Phil Lancaster took over his new role on Feb. 10 as the company’s Board of Directors approved a compensation for Lancaster in connection with his appointment as the Company’s Chief Executive Officer consisting of a base salary of $350,000 per year …
Bice says protecting American energy and fracking is critical
Oklahoma U.S. Rep. Stephanie Bice is waging a campaign for congressional approval of a bill to protect American energy. It is also a bill to protect “fracking” and to prevent any future president from banning its use. “That is why the passage of H.R. 26, the Protecting American Energy Protection Act, was critical,” stated …
Grid offers winter advisory for the week
With another round of arctic weather breathing down our necks in Oklahoma, the state and other members of the electric grid known as the Southwest Power Pool are urged to be aware of the potential for an impact on electricity needs. Its advisories to member states will apply almost the entire week. The latest …
House Committee to vote on eminent domain and competitive bidding bills
Bills focusing on the Oklahoma Corporation Commission and eminent domain will come up before a state House committee this week. The Utilities Committee meeting scheduled for Tuesday afternoon at 3 o’clock will handle a handful of bills by Rep. Trey Caldwell, including one opposed by former Corporation Commissoiner Jim Roth who called HB2747 “wrongheaded.” As …
