Some officials in New Mexico are worried that growing bankruptcies in the oil and gas industry could leave the state with thousands of abandoned or orphaned oil wells and the state with millions, maybe billions of dollars in the cost of plugging them. In New Mexico, oil and gas companies issued nearly $30 billion …
New Mexico’s largest electric utility is breaking ground on a 50-megawatt solar field that will provide power to Western New Mexico University, the city of Albuquerque and other large users that have signed on to a new program. Officials gathered Thursday on the Jicarilla Apache Nation in northern New Mexico for a ceremony. As …
** Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry, windy conditions renewed the threat of fire in a season already marked by deadly, devastating blazes. The utility announced that it had begun cutting power to up to 33,000 customers, with about another 20,000 to follow in …
Shellie Chard, Water Quality Division Director for the Oklahoma Department of Environmental Quality (DEQ), has been chosen to serve on the Board of Trustees for the Water Environment Federation (WEF). “It is such a great honor to serve on the WEF Board of Trustees. This will allow me to influence national and international water …
The Oklahoma Capitol Improvement Authority (OCIA) announced the offering $171.1 million of State Highways Capital Improvement Revenue Bonds, Tax-Exempt Series 2020B and $22.3 million of State Highways Capital Improvement Revenue Refunding Bonds, Federally Taxable Series 2020C on October 20, 2020. The bonds will be offered via negotiated sale through the OCIA’s underwriting syndicate, led by …
A study of the impact of the recent U.S. Supreme Court ruling that said as much as half of the state of Oklahoma remained Indian reservations shows Oklahoma Corporation Commissioners are bracing for possible loss of regulatory enforcement and revenue. Entitled “Report of Potential Impact”, it was forwarded to Gov. Kevin Stitt per his …
Oil prices jumped but a lot of energy stocks didn’t follow suit, with a few exceptions. Alliance Energy Resources finished Wednesday up 9 cents for a 3.32% gain to $2.80 a share. Blueknight Energy slipped one cent for a 1% drop to $1.34. Chesapeake Energy took a 37 cent tumble or nearly 9% decline to …
Oil futures stretched their gains to a second session Wednesday, as Saudi Arabia and Russia reportedly held a discussion by phone, reiterating the OPEC+ commitment to abide by the production-cut agreement. West Texas Intermediate crude for November delivery climbed by 84 cents, or 2.1%, to settle at $41.04 a barrel on the New York Mercantile …
Supreme Court nominee Amy Cony Barrett revealed some of her thoughts about climate change in questioning from U.S. Senators this week. Barrett was asked about climate change, telling the Senate panel: “I’m certainly not a scientist. … I’ve read things about climate change. I would not say I have firm views on it.” POLITICO …
OG&E, the electric utility subsidiary of OGE Energy Corp. announced that it has completed construction of two 5 MW solar energy farms in southeast Oklahoma. Both centers are operating at full capacity. In February, the company announced it would build the two solar energy centers, one in Davis, Oklahoma, and one in Durant, Oklahoma, to help meet the …
