A man involved in a failed wind farm project in northwest Arkansas was sentenced this week to 10 months in federal prison and ordered to repay more than $422,000 to investors. Cody Fell worked for Dragonfly International at the time and pleaded guilty in 2018 to federal wire-fraud and tax-evasion charges. He was sentenced by …
Shell to leave Permian in $9.5 billion deal with ConocoPhillips
ConocoPhillips is shelling out $9.5 billion cash for Royal Dutch Shell Plc’s holding in the Permian Basin. Shell announced the big sale on Monday as part of its plan to close the door on its presence in the Basin. It is also seen as another step in Shell’s effort to cut greenhouse-gas emissions reported …
FFA chapters get STEM grants from Devon Energy
(Chandler FFA received a STEM Grant from Devon.) Four central Oklahoma FFA chapters will be able to expand science, technology, engineering and math (STEM) education with funds provided by Devon Energy. Chandler FFA will use the grant to purchase equipment to enhance the chapter’s watermelon production and research. Students grow watermelons on a 10-acre school farm to …
Oklahoma energy stocks hurt as oil drops 2%in Monday’s trading
A boost in the value of the U.S. dollar made oil more expensive for holders of other currencies resulting in a 2% drop in oil prices in Monday’s trading while Oklahoma energy stocks suffered with big losses. U.S. West Texas Intermediate crude fell 2.3% or $1.68 to end the day at $70.29 after slipping …
Buc-cee’s the answer to EV charging?
Ever pulled into a Buc-cee’s on an I-35 road trip in Texas? If you haven’t, you’re missing an experience. It’s like a Costco store for gas, food, clothes and anything else you might want to throw into the truck along with the gasoline in the tank. Now the chain store has the attention of …
Opposition grows to West Texas nuke waste site
Last week’s federal approval for construction of a nuclear waste site near the small far West Texas town of Andrews has political forces banding together in opposition. Environmentalists are joining forces with political leaders they normally oppose reported The Times. Click here for The Times.
New Mexico Senators take heat for supporting oil and gas tax incentives
According to environmentalists and at least two lawmakers, New Mexico political leaders did not do enough to oppose $121 billion in tax incentives for the country’s fossil fuel industry. The main target of their disappointment were U.S. Sens. Martin Heinrich and Ben Ray Lujan reported the Santa Fe New Mexican. Click here for …
Keystone opponents come out against carbon capture pipelines
After leading efforts in opposition to the now-dead Keystone XL pipeline, opponents in Nebraska have turned their efforts against pipelines to carry carbon dioxide emissions to underground storage sites. POLITICO’s Morning Energy Report indicated those opponents are also criticizing Democrats for the $2 billion in the infrastructure bill to help develop the carbon dioxide …
Oklahoma broadband assets reviewed in House interim study
Rep. Logan Phillis, R-Mounds on Monday held an interim study on state broadband assets. The study was held before the House Technology Committee, which Phillips chairs. “Oklahoma has the opportunity to utilize our current fiber assets to better serve residents across our state,” Phillips said. “In order to do this, we need to better understand …
Lagoon Water Midstream enters Midland Basin with strategic acquisition
Lagoon Water Midstream announced Monday that it has closed on the acquisition of Double Drop Resources, a water management company located in the Midland Basin. With ongoing support from Macquarie Infrastructure Partners, this acquisition significantly expands Lagoon’s operations and establishes it as a multi-basin water management company with a presence in the heart of …