May 2025 archive

Fiscal year financial results coming from NGL Energy Partners LP

  NGL Energy Partners LP plans to release its fiscal year ended March 31 earnings press release at the end of the month. The information will be made available after the close of market on Thursday, May 29. The company’s managment team will hold an earnings call at 4 p.m. on the same day. NGL …

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Renewable energy supporters claim Texas legislature might kill their industry

    According to a report in the Houston Chronicle, Republicans in the Texas legislature are close to killing the state’s renewable energy boom. “Not only could their legislation halt new development in its tracks, but also they could send scores of existing projects to an early grave,” reported Claire Hao, Energy Reporter for the …

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Oklahoma oil plays see increased drilling compared to rest of US

    Only two oil plays in the U.S. saw increased drilling activity in the past week and both were in Oklahoma. The latest Baker Hughes rig count, closely followed across the country, showed gains in rig counts in the Cana Woodford and the Granite Wash. Both are in the western part of Oklahoma. The …

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Study shows Canadian oil important for Midwest gasoline prices

  Of the oil still imported to the U.S., most comes from Canada and a new report by the Kansas City Federal Reserve Bank shows it has been on the increase over the past two decades. The study shows U.S. crude oil imports from Canada averaged 4.1 million barrels a day in 2024 or 62% …

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Eminent domain at the center of a carbon capture fight in Iowa

    Landowners and others wanting restrictions on the use of eminent domain for carbon pipelines were left angry on Friday when the Iowa Senate adjourned without taking any action on their calls. The Iowa Capital Dispatch reported it’s about opposition to the several-state plan by Summit Carbon Solutions to create a carbon capture pipeline. …

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Energy briefs

** The Colorado Supreme Court permitted Boulder County and the city of Boulder on Monday to proceed with their lawsuit against two fossil fuel corporations over alleged local harms caused by the effects of climate change. ** BP’s underperformance and strategy shifts have made it a potential takeover target. Shell, Chevron, Exxon, TotalEnergies, and others …

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Legislature under pressure to solve franchise fee debate and winter storm costs

  Seven months after an Oklahoma Supreme Court justice indicated ratepayers might be burdened with anywhere from $60 million to $100 million more costs on top of their 2021 winter storm rate hikes, legislators are being told it could in the range of $150 million. Yes, Winter Storm Uri remains a nightmare for ratepayers that …

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Oklahoma County’s preparations for upgrades at OGE Power plant

    They’re called superload transports….the hauling of heavy equipment needed for the upgrade of the OG&E power plant at Harrah. The equipment is so large and so heavy that Oklahoma County officials became involved because of bridge limits. There will be at least six such loads being moved 29 miles at a slow rate, …

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Oklahoma steady in rig activity but US total is down

    The nation’s oil and gas producers cut their active rigs in the past week, falling to the lowest count since January reported Baker Hughes Co. on Friday. But activity remained steady in Oklahoma. The count fell by six to 578 in the week to May 9 and puts the total count down 25 …

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Mitchell talks energy with Jerry Bohnen–energy bills in the hands of the governor

  Scott Mitchell talks energy with Jerry Bohnen and they focus on two energy bills hanging in the balance in the Oklahoma legislature. Could they be vetoed by the governor?