ONE Gas, Inc. announced Wednesday that Robert S. McAnnally, current senior vice president and chief operating officer, will succeed Pierce H. Norton II as president and chief executive officer on June 28, 2021, at which time he will also join the ONE Gas Board of Directors. The company recently announced Norton’s retirement from ONE …
Category: Oil & Gas
Enable Midstream gets FERC approval of the Gulf Run Pipeline project
Federal regulators have approved Enable Midstream Partners, LP’s $540 million Gulf Run Pipeline project to transport natural gas from some of the most prolific natural gas producing regions of the U.S. to the Gulf Coast. The Federal Energy Regulatory Commission gave approval under section 7(c) of the Natural Gas Act allowing the transportation of …
Phillips 66 to contribute $250,000 to new Greenwood Rising history center in Tulsa
Phillips 66 announced it is contributing $250,000 to Greenwood Rising, a new center in Tulsa’s historic Greenwood District that honors the victims and survivors of the Tulsa Race Massacre of 1921 and the legacy of the city’s Black Wall Street. The center was dedicated this week, nearly 100 years to the day after one …
Rep. Bice calls Biden’s suspension of drilling leases in Alaska a win for foreign oil
Oklahoma Congresswoman Stephanie Bice says President Biden continues to put American jobs at risk with his decisions against oil and gas. The latest one is his suspension of drilling leases in Alaska which prompted the Republican Representative to comment, “President Biden’s decision to suspend drilling is yet another win for foreign oil and will …
Corporate subsidy for oil and gas quietly dies in Texas
Some are calling it a major blow for big oil and gas in Texas—the quiet death of corporate property tax exemption. The program, known as Chapter 313 was allowed to die after delivering $10 billion in tax cuts over the past 20 years reported The Intercept. Click here for The Intercept story.
KOCH sells biofuels operations to POET
South Dakota-based POET, the world’s largest producer of biofuels, has acquired the bioethanol assets of Flint Hills Resources’ in their entirety, expanding the company’s production capacity by 40 percent. Flint Hills Resources is a subsidiary of Koch Industries based in Wichita, Kansas. POET is a world leader in green bioproducts, with an ever-growing suite …
Energy news in brief
** The Biden administration moved forward with its plans to pause — and potentially halt — oil and gas drilling on the Arctic National Wildlife Refuge. The Department of the Interior (DOI) announced that it suspended leases that the previous administration auctioned off to oil and gas developers just weeks before Donald Trump left office. ** A federal …
Jury returns $222 million verdict against Evergy
The scalding death of two workers at Evergy’s Jeffrey Energy Center power plant at St. Marys, Kansas led a Texas jury to hand down a $222 million verdict this week against the company. The verdict was reached in Fort Worth where the trial had been moved to hear the case of the steam accident …
7-Eleven adding hundreds of EV charging stations
Coming soon to 7-Eleven stores in Oklahoma and across the rest of the country…more Electric Vehicle charging stations. The Irving, Texas-based company announced this week plans to built at least 500 Direct Current Fast Charging ports at 250 select U.S. and Canada stores by the end of 2022. Owned and operated by 7‑Eleven, …
Record amount of shares at SandRidge annual meeting
SandRidge Energy shareholders held their annual meeting last week with a record amount of shares of common stock outstanding. The company reported a total of 36,507,402 shares and a total of 22,783,390 shares or 62% were present at the 2021 annual meeting by proxy or in person according to a SandRidge Energy filing with …