New data showed that natural gas emissions increased last year in New Mexico while spills from the oil and gas industry declined. The data came from the Center for Western Priorities which released its annual spill tracker report this week, detailing numbers of oil and produced water spills along with natural gas emissions tracked in multiple …
Oklahoma Corporation Commissioners are asked to approve more requests by utilities seeking ways to avoid an immediate and direct pass-through of billions of dollars in February storm costs. One of the requests to be considered at a Thursday meeting of the commission is from Oklahoma Gas and Electric whose parent company, OGE Energy Corp. …
Investment activist Carl Icahn, the billionaire who controls Oklahoma’s SandRidge Energy and refinery operator CVR Energy is at it again. This time, he has struck a deal with Ohio-based utility FirstEnergy Corp. to give him two seats on the company’s board which is being expanded to 14 members as a result of the agreement. The …
Transcontinental Pipeline, part of the Tulsa-based Williams Cos. operations formally came out this week in opposition to a North Carolina extension of the Mountain Valley Pipeline. Attorneys for the pipeline filed documents in court this week calling the “MVP’s proposed location—simply irresponsible.” The Roanoke Times reported the Oklahoma-based pipeline is fighting Mountain Valley’s attempt …
The angry fight between Oklahoma farmers and Cheniere Energy over the construction of its Midship pipeline in the past three years goes before the Federal Energy Regulatory Commission on Thursday. The full commission is to review the dispute that arose over how Cheniere used eminent domain to acquire farmland for the 200-mile pipeline that …
The $2.2 billion spent by ONE Gas of Oklahoma during the February winter storm and resulting power losses got the attention of consumer advocacy groups in Kansas. So did the $2.5 billion spent by Atmos Energy along with the $600 million by Black Hills Energy. The Lawrence Journal-World in Kansas reported the out-of-sight …
** Spending by oil and gas companies operating in the UK North Sea fell to the lowest levels since 2004 last year as they concentrated on preserving cash during the pandemic, while production from the more than half a century-old basin has re-entered “longer-term” decline. ** The U.S. Congress is investigating a multibillion-dollar subsidy for chemically …
Severe weather last month in Oklahoma and Texas hit NOV Inc. so hard that the Houston company announced it anticipates operational disruptions and softer-than-expected customer orders will cause first quarter 2021 operating results to fall below previous guidance. “Unfortunately, the extreme winter weather across Texas and Oklahoma, the ongoing effects of COVID-19 lockdowns, and the continued spending austerity …
While she is a Democrat and a supporter of President Biden, New Mexico Gov. Michelle Lujan also thinks her state should be exempted from the administration’s new anti-oil and gas policies. She’s worried about possible revenue losses for her state which is home to part of the massive Permian Basin that brought in millions …
With crude oil prices in the upper $60 range, there is growing interest in more drilling in Oklahoma as witnessed by the recent permits to drill issued by the Corporation Commission. Oklahoma City’s Chaparral Energy has become active again in drilling exploration after emerging last fall from Chapter 11 bankruptcy. The company received three …
