As part of its commitment to supporting diverse communities, Devon Energy awarded Diversity, Equity and Inclusion Grants to sixteen local nonprofits. “In supporting these organizations, we hope to foster projects that promote access and resources for all Oklahomans,” said Marla Freeman, Devon community relations supervisor. “We feel honored to be a part of their …
A proposed deepwater oil port off the coast of Texas won approval this week from the U.S. Maritime Administration. Houston’s Enterprise Products Partners intends to construct the Sea Port Oil Terminal, making it the fourth in the nation to load supertankers and improve record oil exports to markets in Asia and Europe. As Bloomberg …
** The Biden administration is already facing a potential legal roadblock to newly finalized regulations cracking down on the chemical industry, which critics say will have a devastating impact on the economy. Synthetics manufacturer Denka Performance Elastomer (DPE) warned Tuesday that it is planning to sue the Environmental Protection Agency over the rules targeting hundreds of chemical plants over their …
Oklahoma U.S. Sens.James Lankford and Markwayne Mullin were among those who voted Wednesday in support of a bill reversing the Biden administration’s climate regulations targeting car emissions. The vote was 53-47 in support of the measure that targeted the regulations from the Federal Highway Administration to reduce carbon emissions by 50% by 2030. The …
Corporation Commissioner Kim David appears to be taking some of the credit for the investigation that led to State Attorney General Gentner Drummond’s lawsuits accusing two energy firms of market manipulation during the 2021 Winter Storm Uri. “Shortly after joining the Corporation Commission, I formally asked Attorney General Gentner Drummond to investigate possible wrongdoing …
An Israeli air strike that killed three sons of a Hamas leader is believed to have sparked a $1 a barrel gain in crude oil prices on Wednesday. The deaths only added to growing worries that the ceasefire talks between Hamas and Israel won’t lead to success in ending the fighting in Gaza. It …
A surge in crude oil stocks was reported by the government in the past week while the Cushing Hub in Oklahoma recorded a slight drop in its supplies. The U.S. Energy Information Administration reported the nation’s crude stocks soared by nearly 6 million barrels from the end of March to early April. On March …
Months after announcing the start of an investigation into alleged market manipulation of natural gas prices during the 2021 Winter Storm Uri, Oklahoma Attorney General Gentner Drummond launched the filing of lawsuits against some energy suppliers. He filed two lawsuits in Osage County District Court on behalf of the Grand River Dam Authority, alleging certain …
The chairman of the Oklahoma Energy Producers Alliance says it’s time two of Oklahoma’s state leaders work together in defending the state’s oil and gas industry and not be different in their stances. Writing in an opinion piece entitled “Defending Oklahoma’s Energy Sector: A Call for Unity and Strategic Action,” Tom McCasland III applauded …
(Pajarito Powder CEO Tom Stephenson and project principal investigator Michele Ostraat stand in Pajarito’s new facility in December 2023. Jon Austria / Journal) The federal government just handed out $20 million for a clean hydrogen energy project in New Mexico and it all went to one company. The $20 million from the U.S. Department of …
