Wind farm setbacks and funding of the Oklahoma Corporation Commission’s Oil and Gas Conservation Division critical mineral strategy will be the focus later this month of an interim hearing to be held by the Oklahoma House Energy and Natural Resources Committee. Scheduled for Monday, September 29 at 9 a.m. , the hearing will also …
The Edison Electric Institute (EEI) recently awarded Oklahoma Gas and Electric Company (OG&E) two Emergency Response Awards recognizing the electric company’s restoration efforts following the March and May severe weather events. In March, OG&E’s response to severe winds and wildfires in Oklahoma earned them a Recovery Award when a dedicated team of over 700 …
** Growing international demand is causing natural gas prices to rise, which will in turn push U.S. electricity prices higher now that about 40% of U.S. generation comes from natural gas, according to the Institute for Energy Economics and Financial Analysis. ** U.S. imports of biodiesel and renewable diesel significantly decreased in the first half …
Crude oil prices tumbled more than 2% on Wednesday and Oklahoma energy stocks felt the pain as well with several firms recording losses of 4% and 5%. The oil price plunge came days ahead of the weekend meeting of OPEC+ producers who are expected to support the idea of another increase in production …
No word how it might affect its operations in Bartlesville, but ConocoPhillips confirmed Wednesday it plans to cut it worldwide workforce by 20% to 25%. The slashing of its number of employees is considered be part of a broad restructing. It also sent shares fallling more than 4% to $94.91. ConocoPhillips has nearly 13,000 …
“The increase of demand is real,” declared Oklahoma Energy Secretary Jeff Starling at the start of a Wednesday Senate Energy Committee interim hearing into the state’s wind and solar farm development. Chaired by Sen. Casey Murdock (R-Felt) the committee spent 3 hours Wednesday morning hearing comments from supporters and those who contend there is …
A flurry of filings was made this week by the state of Oklahoma, the Oklahoma Corporation Commission and Oklahoma Natural Gas Co. in response to the lawsuit filed challenging ONG’s rate hike approved in July by state regulators. The challenges to the rate increase came after Corporation Commissioners voted 3-0 supporting a Performance …
The lawsuit filed by eleven states accusing three of the biggest Wall Street asset managers of running an “investment cartel” to depress the output of coal is slowly making its way through a Texas U.S. District Court. Oklahoma did not join the lawsuit filed last year by Texas Attorney General Ken Paxton and 10 …
Tulsa’s Williams Cos. has won approval from federal energy regulators to move forward with a Northeast pipeline project with political ramifications involving the White House, New York’s governor and New York City activists. Approval from the Federal Energy Regulatory commission came in a 61-page order more than six years after the company sought approval …
NextEra Energy awaits a decision by federal energy regulators on its move to reopen the shuttered Duane Arnold nuclear plant located in Iowa. The company filed a request with the Federal Energy Regulatory Commission on July 25 seeking to reclaim interconnection rights that were previously transferred from the nuclear plant to a solar development. The …
