Fossil fuel group with Trump ties slams New Mexico governor, environmentalists

  A nonprofit fossil fuel advocacy group with ties to President Donald Trump’s reelection campaign has been targeting environmental organizations, Democratic presidential candidate Joe Biden and Democratic governors, including New Mexico’s Michelle Lujan Grisham, with criticism of energy policies it calls “radical” and “disastrous.” In July, Power the Future attacked Lujan Grisham for participating in …

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Climate change suit on SCOTUS docket

  The U.S. Supreme Court will hear an appeal from oil companies aiming to overturn lower court rulings that state court is the proper venue for the climate change lawsuit brought by the city of Baltimore. The case is seen as a bellwether for the growing litany of similar climate change lawsuits against fossil fuel companies across …

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Energy news in brief

** Murphy Oil Corporation will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, November 5, 2020 to discuss third quarter 2020 earnings. The company plans to release its financial and operating results before the market opens that morning. ** Houston-based RES announced the acquisition of Carolina Environmental Contracting , a construction …

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AEP plans to electrify 100% of cars and light-duty truck fleet by 2030

  American Electric Power, parent company to Public Service Company of Oklahoma said it will accelerate its electric vehicle purchases with the goal of replacing 100% of its 2,300 cars and light-duty trucks with EV alternatives by 2030. It means more electric trucks of the company’s subsidiaries throughout Oklahoma, Arkansas and the Texas Panhandle will …

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Open season announced for Holly Energy Partners subsidiary pipeline

  Holly Energy Partners, L.P. ‘s wholly-owned subsidiary, Frontier Aspen LLC is conducting a binding open season to assess shipper interest in committed crude oil interstate transportation service of expansion capacity that Carrier is considering developing on its existing pipeline, from origin points in and around Casper, WY to destination points in and around Frontier Station, …

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PSO seeks OCC approval to add natural gas, solar generation and resiliency for Fort Sill

  Public Service Company of Oklahoma has filed a request with the Oklahoma Corporation Commission for approval of a project that would bolster energy reliability and resilience at the U.S. Army base in Fort Sill, Okla. The project would provide more clean energy to the power grid, add to the safety and security of grid …

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NextEra’s market value surpasses Exxon’s

    Florida-based utility and power producer NextEra Energy Inc., the company with major wind farm operations throughout Oklahoma, surpassed Exxon Mobil Corp. in stock market value last week, reinforcing bets on Wall Street that a cleaner energy system has long-term value. NextEra’s market capitalization pushed above $138 billion in intraday trading Friday, eclipsing Exxon, …

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Directors, ratepayers question donation from Nebraska electric co-op to political committee

  In Nebraska, questions are being raised about a loan from a private cooperative of rural public power districts to a group created in the political fight against expansion of wind and solar generation in the state. The Lincoln Journal Star’s story focuses on the startup loan given the group Nebraskans for Reliable and Affordable …

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Oklahoma tax collections could take a hit into the hundreds of millions due to Supreme Court ruling

  The Oklahoma Tax Commission is bracing for a drop in state tax revenue because of the recent U.S. Supreme Court decision, a drop that could total into the hundreds of millions of dollars. A report by the commission regarding the impact of the McGirt v. Oklahoma ruling will lower the state’s revenue collections of …

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New Report: Oil and Gas Supported 134,000 Jobs, Added $16.6 Billion to New Mexico Economy

  The New Mexico Oil and Gas Association released a new report showing that New Mexico’s oil and natural gas industry supported 134,000 in-state jobs and added $16.6 billion to New Mexico’s economy in 2018. According to the analysis, the industry accounted for 12% of statewide employment and 16% of the state’s economy. The report was prepared …

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