The Oklahoma Transportation Commission is moving ahead with more highway improvements across the state. Commissioners voted to award 25 contracts totaling more than $65 million to improve highways, roads and bridges in 29 counties. Contracts were awarded for projects in Caddo, Canadian, Carter, Cleveland, Dewey, Garfield, Garvin, Grant, Ellis, Harper, Kay, Kingfisher, LeFlore, Logan, …
Oklahoma Reps work on abandoned wells bill in Congress
Oklahoma Reps. Frank Lucas and Stephanie Bice are working together in the introduction of the Abandoned Well Remediation Research and Development Act. The measure would created abandoned wells research, development and demonstration program at the U.S. Department of Energy. Oklahoma currently has 1,277 listed abandoned oil and gas wells across the state. In 2018, …
Will Texas enforce new federal methane emissions rules?
Environmentalists vow to make sure the state of Texas enforces newly reinstated federal methane emissions rules. The Sierra Club indicated it plans to be a watchdog of the Texas Commission on Environmental Quality after President Biden signed a bill last month repealing the Trump-era rule that rolled back the Obama administration’s 2016 regulations to …
Details remain unclear about Amazon’s big solar projects in Arkansas
Amazon recently boasted that it had become the world’s largest corporate buyer of renewable energy with new solar projects in Arkansas and other states. But Arkansas Business reported the world’s largest retail delivery business is being stingy with details about its Arkansas projects. Click here for Arkansas Business.
Opposition to Oklahoma crude oil pipeline sparked protests in Memphis
Last week’s cancellation of the controversial Byhalia Pipeline in Memphis, Tennessee has opponents recalling how a pipeline from Oklahoma to a local refinery led to the protest that stopped the project. The Daily Memphian reported the protest over the Oklahoma pipeline sparked the eventual opposition to the Byhalia line. Click here for Daily Memphian
Energy news in brief
** U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data released on Monday, as rising energy and share prices led to larger oilpatch deals. ** Dominion Energy Inc. and Berkshire Hathaway Energy, an affiliate of Berkshire Hathaway Inc. announced they have agreed to terminate the sale …
Biden to throttle drilling rights sales
If a report by Bloomberg is spot on, the Biden administration intends to attack the oil and gas industry even more by curtailing sales of U.S. drilling rights. If so, it would impact companies like Devon Energy, one of the largest holders of drilling leases on federal lands. Bloomberg reported Monday the administration is …
Long but not impossible odds that TC Energy recovers Keystone XL damages
Some attorneys suggest there is a chance that TC Energy might be able to recover economic damages that resulted from President Biden’s cancellation of the Keystone XL oil pipeline. Their analysis comes after the Canadian company filed a notice early this month with the State Department to bring a legacy claim under the North …
Senate Pro Tem Greg Treat announces approved interim study requests
Senate President Pro Tempore Greg Treat announced the approval of all requests for interim studies submitted by Oklahoma Senate members including some that will focus on the state’s energy industry. One request is for a study of expanding the natural gas industry in southeast Oklahoma. Another involves the tagging of trailers while yet a …
Oil prices bounce back close to $75
Falling U.S. inventories helped spark a bounce back for crude oil prices on Friday and now investors and others will wait to see whether the rebound will continue on Monday. West Texas Intermediate crude for August delivery rose $1.62 or 2.2% to finish Friday at $74.56. Global benchmark Brent crude closed up $1.43 or 1.93% …