Oil and gas producers aren’t the only ones who can be used in disputes over royalty payments. The owners of the site where Oklahoma City created a landfill 12 years ago recently won their fight to keep the lawsuit in Oklahoma County District Court and out of federal court. It’s a battle over gas …
Chesapeake Energy has filed a proxy statement indicating it plans a special shareholders meeting to seek approval of its proposed $7.4 billion merger with Houston-based Southwestern Energy. But the filing with the SEC did not declare a date or time for the meeting as it apparently is undecided because of a request by the …
** Ford said it will begin shipping to North American dealers 144,000 of its redesigned F-150 and Ranger pickup trucks that it built but held back until now in an effort to head off quality problems. ** American greenhouse gas emissions rose 1 percent between 2021 and 2022 but fell nearly 17 percent from 2005 levels, …
U.S. Sens. James Lankford and Markwayne Mullin were among those forming a coalition of Republican lawmakers in introducing a bill to overturn the President’s environmental regulations targeting oil and gas drilling. Their bill targets the EPA’s rules that were finalized last year to curb methane and other air pollutants. “Oklahomans don’t need another …
Environmentalists who typically supported the Biden administration in its anti-oil and gas moves were dashed this week when the federal government approved what will be the largest supertanker Sea Port Oil Terminal off the coast of Texas. Environmentalists called it a betrayal by the administration in paving the way for a $1.8 billino project …
Crude oil prices finished down on Thursday—so did most Oklahoma energy stocks. And for the first time in weeks, world oil prices dropped below $90 a barrel. Inflation predictions played a role in things as analysts believe it will not bring lower U.S. interest rates. Plus, there’s the matter of whether Iran will respond …
A day after the Oklahoma Attorney General sued two natural gas suppliers and accused them of illegally hiking natural gas prices during the 2021 winter storm, a spokesman for Oklahoma Gas and Electric defended his utility and said it was a “victim” of the alleged market manipulation. Bill Hume, Senior Counsel for OG&E rose …
At least two of Oklahoma’s three Corporation Commissioners hope the state attorney general’s lawsuits filed against energy suppliers accused of market manipulation during the 2021 winter storm lead to more legal actions to help ratepayers. “I am thankful the AG says he “will pursue additional litigation against other … bad actors [who] reaped billions …
More than 3,000 acres of land in the Permian Basin ar being removed from the government’s planned oil and gas lease auction scheduled in June because they sit in what experts say are sensitive geological areas near two national parks. The Bureau of Land Management contends oil and gas drilling and production in the …
A change in some of the leadership at Oklahoma City’s March Natural Resources. The company announced in an SEC filing that Daniel T. Reineke, Jr., Executive Vice President of Business Development plans to resign effective April 19. ” Mr. Reineke’s resignation was not a result of any disagreements with the Partnership or the General …
