The release of the fourth quarter 2018 earnings report by Murphy Oil, the company based in El Dorado, Arkansas will be made Jan. 31. The report will be available and senior management will hold a conference call and webcast for investors and analysts at 8 o’clock central time on the same day. The company had …
Corporation Commission starts work on new railroad rules focused on blocked crossings
The Corporation Commission has initiated its review of possible new rules and regulations governing railroads in the state. And as OK Energy Today reported earlier in the week, one focus is the blocking of railroad crossings by trains. Here’s how News 9 TV reported the hearing. It’s a sight that can easily derail your whole …
Data breach involving millions of files reported at Oklahoma government
An investigation is underway into the reported breach of millions of files of state data. The State Department of Securities confirmed what it called an “inadvertent” release of data but it’s unclear if the data might have involved matters related to the energy industry in Oklahoma. However, a report by KFOR TV indicated the original …
Small quake recorded in southern Kansas
Southern Kansas was the site of one of the latest earthquakes in the Oklahoma region this week. A 2.9 magnitude quake was recorded Wednesday night around ten o’clock with an epicenter a few miles from Hawk, Kansas. The small community’s about 50 miles southwest of Derby, Kansas and only 47 miles from Enid, Oklahoma. …
Political division in Oklahoma’s US House delegation shown in vote this week
Oklahoma’s congressional delegation in the U.S. House showed its political division this week when the House failed to pass a measure pressuring Republicans to reopen closed agencies including the EPA and the Interior Department. It was to have been a short-term funding bill to reopen nine federal departments through Feb. 1 but H.J. Res. 27 …
Valero Energy finishes $950 million merger of hubs and pipeline operations in Oklahoma and other states
In a move that will have direct impact on pipelines and oil terminals in Oklahoma, San Antonio-based Valero Energy Corp. has wrapped up a $950 million merger with a subsidiary. With the merger, Valero is taking over operations of Valero Energy Partners LP at $42.25 per share. The master limited partnership has storage terminals as …
Intense lobbying underway in Colorado where a drilling moratorium is at stake
Environmentalists aren’t the only ones who show they can lobby someone in Colorado. It’s where the state’s new governor Jared Polis, a Democrat has been lobbied not to enact a moratorium on all new oil and gas drilling in the state. It’s a moratorium that could directly affected a lot of Oklahoma based energy companies …
Strong earthquake in northern Oklahoma
One of the strongest earthquakes in recent months in northern Oklahoma has geologists wondering at the U.S. Geological Survey and the Oklahoma Geological Survey. The USGS measured it at 4.4 magnitude when the quake hit Tuesday morning at 7:28 near the community of Hayward which is about 21 miles southeast of Enid. It’s in the …
Court rules against President of former Kansas coal company in black-lung disease case
Just because the president of a Kansas coal company apparently didn’t do his due diligence doesn’t mean an insurance company has to cover for him. It’s the jist of a ruling by the U.S. 10th Circuit Court of Appeals in Denver which upheld a judge’s decision in favor of the Liberty Mutual Fire Insurance Company. …
Republicans name new energy leaders in the House
With Democrats now in charge of the House, Republican leadership announced this week the naming of new leaders for some of the key energy and environment panels. Congressman Tom Cole will also be a ranking Republican on an Appropriations subcommittee. Energy and Commerce ranking member, Rep. Greg Walden of Oregon announced that Kentucky Rep. Brett …