** Michigan pipeline activists raise conflict of interest concerns over Enbridge’s pick of a major Trump donor to replace Line 5 in the Straits of Mackinac. ** Closing arguments were scheduled Monday in a $300 million defamation lawsuit against Greenpeace over the nonprofit’s alleged role in attempting to derail construction on the Dakota Access pipeline. …
March 2025 archive
Annual meeting date set for Gulfport Energy Corporation
Gulfport Energy Corporation plans to hold its 2025 annual meeting of stockholders on May 21 in Oklahoma City. It will be an “in person” meeting starting at 9 a.m. at 713 Market Drive. In a proxy notice in the past few days, the company released the agenda which included the election of seven directors …
Fire officials remain alert for outbreak of more wildfires
The Oklahoma Forestry Services says a Fire Weather Watch remains in effect for a large portion of the state for both Monday and Tuesday ahead of the next dry storm system ratcheting up fire danger in Oklahoma. Its experts believe relative humidity values will drop below 20% statewide testing recent fires with “enhanced” burning …
EPA’s climate change rollback stuns environmentalists
Climate change enthusiasts were rocked on their heels in the past week by EPA Administrator Lee Zeldin’s announcement—a roll back of nearly every important climate policy on the books. Zeldin plans to kill climate rules and end grants already under construction and no longer make decisions based on what some call “bedrock scientific findings.” …
1,000-acre solar farm to be located in Arkansas
A major tech player, yet to be identified, will receive power from a new solar farm going up in Arkansas. Treaty Oak Clean Energy recently broke ground on the 100 MW solar energy project that will span more than 1,000 acres. Click here for PV Magazine
Texas legislators turn aside abandoned well issue
An attempt to solve the growing and expensive problem of plugging abandoned wells in Texas has run into opposition in the state legislature. A Texas Senate Committee recently decided against a bill to give regulators more power over oil and gas companies. Click here for Texas Tribune
Price-gouging law in effect after deadly wildfires
Attorney General Gentner Drummond is warning businesses that the Emergency Price Stabilization Act is in effect following the governor’s declaration of emergency for 12 counties devastated by Friday’s wildfires. The law, also referred to as the price gouging statute, prohibits an increase of more than 10 percent for the price of goods and services and …
Wildfires were deadly as they burned across Oklahoma
The “perfect storm” is what Oklahoma Gov. Kevin Stitt called the firestorm that swept across the state on Friday, killing one person, bringing 70 mile an hour winds, overturned tractor-trailer rigs on highways and leaving nearly 300 homes and buildings destroyed by wildfires. After he toured ravaged areas of the state where tens of …
Oklahoma’s oil and gas exploration steps up with increased rig activity
The nation’s oil and gas rig count was unchanged over the past week but exploration in Oklahoma is on the upswing as the number of rigs increased to a total of 51. The latest Baker Hughes Co. rig count showed a gain of 2 rigs in Oklahoma, the only state to record any increase …
Mach Natural Resources reveals 4Q earnings report
Mach Natural Resources recorded lower fourth quarter net income but still intends to press ahead in 2025 with $280 million in capital expenditures on well exploration and development. The Oklahoma City company reported financial and operating results for the three and twelve months ended December 31, 2024. In addition,Mach improved its available free cash …
