The Oklahoma Corporation Commission wanted more time and more pages to respond to one of the Supreme Court challenges made by a state legislator who contends a rate hike for Public Service Company of Oklahoma is unconstitutional. The Commission, through its Deputy General Counsel Daniel P. Boyle, was recently given approval for more …
Category: Oil & Gas
North Dakota follows Oklahoma in studying nuclear power prospects
While the Oklahoma Corporation Commission is in the process of launching a study into the prospects of nuclear power in the state, North Dakota is just exploring the issue in its legislature. The Oklahoma legislature approved a law requiring state regulators to conduct a study and issue a report to leaders next spring. …
Kansas utility expects to meet tax credits for two large solar projects
Regardless of the recent decision by Congress to limit tax credits for green energy projects, Evergy, the utility that serves Kansas and Missouri, is moving forward with some major solar projects. Evergy won regulatory approval to build two solar projects in Kansas and Missouri. And it intends to meet deadlines to get the …
Energy briefs
** Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump‘s opposition to the renewable energy source. ** The federal government filed two lawsuits against Southern California Edison, alleging the utility’s equipment sparked fires including January’s Eaton Fire …
Environmentalists sue Colorado over oil and gas operations near Denver
The Center for Biological Diversity and 350 Colorado sued Gov. Jared Polis’s administration for failing to ensure two oil and gas facilities in the Denver metro area are complying with state and federal clean air laws. Both facilities are considered major sources of air pollution and collectively release thousands of tons of toxic emissions, including …
Sustainable aviation fuels to be studied in House Transportation Committee hearing
Two Oklahoma legislators want to know more about sustainable aviation fuel and how it might affect the state’s transportation sector. Could it be refined in the state? Reps. Judd Strom (R-Copan) and John Kane (R-Bartlesville) asked to have the topic explored at a late October hearing of the Oklahoma House of Transportation Committee. The hearing, …
Stardust Power carries out reverse stock split to regain Nasdaq compliance
Stardust Power Inc., the firm that launched a lithium processing plant in Muskogee, Oklahoma in January took a big step this week in order to regain full compliance with Nasdaq’s listing requirements. The Greenwich, Connecticut-based company announced its Board of Directors approved a 1-for-10 reverse stock split of the Company’s common stock. The …
Crude oil prices fall on oil stock buildup
Crude oil prices slipped 1% to a two-week low in Thursday’s trading, thanks largely to a surprise buildup of U.S cruce oil inventories in the past week, including at the Cushing Hub as reported elsewhere in our OK Energy Today newsite. This week’s meeting of OPEC+ producers also played a role in the …
US and Cushing crude oil supplies increased
Crude oil supplies across the U.S. and including at the Cushing Hub in northern Oklahoma increased as of the most recent reporting period. But gasoline supplies saw a decline. A new report from the U.S. Energy Information Administration showed total oil stocks in the U.S. jumped by 2.4 million barrels. The gain went …
ConocoPhillips lands contract with Louisiana-based Monkey Island LNG
ConocoPhillips and Monkey Island? It’s not Monkey Island at Oklahoma’s Grand Lake but rather a Louisiana-based LNG company that announced it picked ConocoPhillips and its specialized liquefaction technology for the firm’s planned 26 MTPA natural gas liquefaction and export facililty n Cameron Parish, Louisiana. The technology at ConocoPhillips is known as Optimized Casdade Process. …