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 …
In order to meet the growing demand for electrical power because of increased new data centers in Colorado, one electric cooperative built a new gas plant in 20 months in the northeast part of the state. The 162 MW Mountain Peak Power Plant, located about 35 miles northeast of Denver, was built by electric …
** In a huge win for public health and the environment, a U.S. District Judge has ordered Chemours Chemical Company to immediately suspend the discharge of dangerous “forever chemicals” into the Ohio River from its facility near Parkersburg, West Virginia. ** California is leading the resistance against President Donald Trump’s deregulation agenda with new rules that will force companies …
New U.S. sanctions against Iran’s oil revenue stream resulted in a 1% gain for crude oil prices on Tuesday. As reported by Reuters, the U.S. Treasury Department on Tuesday sanctioned a network of shipping companies and vessels led by an Iraqi-Kittitian businessman for smuggling Iranian oil disguised as Iraqi oil. The move resulted in …
Classroom teachers who tell their students that the oil and gas industry is bad and harmful got a wakeup call recently from the President of the New Mexico Oil and Gas Association. Writing in the Santa Fe New Mexican, Missi Currier, president and CEO of the Association explained there are some aspects that …
