Author's posts
Corporation Commission to Consider 25-year old Bribed Vote Case
Another effort will be Thursday by some members of the Oklahoma Corporation Commissino to reconsider the bribed vote in a 25 year old rate case involving the former Southwestern Bell Telephone Company.
The issue of what’s known as PUD 260, the 1989 ca…
Brockovich Pushes Legislature to Attack Earthquake Problem
Environmental activist Erin Brockovich took her anti-fossil fuel message to the state Capitol on Wednesday, hoping to influence legislators to take steps to end earthquakes that many believe are being caused by wastewater disposal wells. She is …
Chesapeake’s 2015 Losses were in the Billions—–a Major Fire Sale’s Underway
Even while Chesapeake Energy is bleeding billions of dollars, company leaders remain optimistic their plan of divesting $1 billion in assets in 2016 will keep the company afloat. The firm released its earnings reports for 2015 and the 4th quarter on We…
Oklahoma’s Congressional Delegation Joins Lawsuit Against EPA’s Clean Power Plan
Everyone of Oklahoma’s members in the U.S. House and U.S. Senate are among the 205 members of Congress who have filed legal briefs in federal court in support of a lawsuit challenging the Environmental Protection Agency over its controversial Cle…
Saudis Upset the Apple Cart Again Sending Crude Prices Tumbling
Once again Saudi Arabia rejects plans to cut or freeze production so crude prices fell on Tuesday. April West Texas Intermediate crude lost $1.52 to end trade at $31.87 a barrel on the New York Mercantile Exchange. April Brent crude also fell. The Lond…
NGL Energy Partners Names CFO
NGL Energy Partners named Robert W. “Trey” Karlovich III as its new Executive Vice President and Chief Financial Officer. The landed the new executive from Targa Pipeline Partners, LP where he served as that company’s CFO over the past year.
Karlovich…
Pipeline and Refinery Operations are Kind to Holly Energy
Dallas-based Holly Energy Partners, L.P., the firm which owns part of a 135-mile crude oil pipeline from Cushing, Oklahoma to El Dorado, Kansas as well as a refinery in Tulsa announced its fourth quarter and yearly earnings showing growth in both…
Chesapeake Energy Unloads 8,500 Wells in Debt Relief Effort
While Chesapeake Energy prepared to release its quarterly and yearly earnings for a year that hasn’t been kind to the Oklahoma City-based company, it was announced Houston-based Haymaker Resources just purchased mineral and royalty interests invo…
Rubio to Campaign at Devon Tower on Friday
In announcing Marco Rubio’s campaign appearance set for Friday in Oklahoma City, his campaign also confirmed that Larry Nichols, co-founder of Devon Energy Corp. is an energy advisor to the Florida U.S. Senator who’s hoping to pick up the Republi…
Lucid Energy Gets $350 million From EnCap Flatrock Midstream
Dallas-based Lucid Energy Group II, LLC announced it has secured an initial equity commitment of $350 million from EnCap Flatrock Midstream, a San Antonio company with offices in Oklahoma City and Houston, Texas.
Lucid’s a company with a midstre…