NextEra Energy Makes $5.1 billion Purchase of Florida Power Company

With wind farm operations in Oklahoma, NextEra Energy is expanding its energy-production with a $6.475 billion purchase of a utility and other Florida assets from Southern Co. At least $5.1 billion is cash in a deal that allows the most valuable power company in the country to grow even more. NextEra is buying Gulf Power, …

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Testing of OKC Downtown StreetCar System Begins

Oklahoma City’s “New-Old” style of transportation—streetcars—is about six months away from being put into service. Testing of the system started this week on a 2.3 mile loop connecting Bricktown with Chesapeake Energy Arena as well as a new convention center complex and the Myriad Gardens. City crews and others working on the $132 million system …

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Judge Makes Earthquake Lawsuit a Class-Action Matter Against Tulsa Energy Company

One of the lawsuits filed against Tulsa’s New Dominion LLC blaming the company’s disposal well operations for causing the 2011 earthquakes near Prague has been classified a class-action case. Cleveland County District Judge Lori Walkley made the ruling, determining that homeowners and business operators in nine counties can join the lawsuit which is now set …

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Oklahoma Colleges and Universities Received $1.4 million from ExxonMobil

Of the nearly $50 million donated by ExxonMobil and its employees to 840 colleges and universities last year, more than $1 million went to higher education in Oklahoma. The Texas-based energy company and its employees donated $49.8 million as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. Employees, retirees and directors contributed $16.9 …

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Verona Wells Keep Giving Big Production for Continental Resources in STACK

The latest completion reports on file at the Oklahoma Corporation Commission show Continental Resources continues with multi-pad operations in one site located in the STACK. Of ten completion reports filed for Blaine County, 8 were by Continental Resources with 5 wells producing more than 1,000 barrels of oil a day.  All five were the continued …

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Lankford and Other Senators Consider Water Funding Measures

The federal funding of energy and water development will get the attention Thursday of Oklahoma U.S. Sen. James Lankford and others on the Senate Appropriations Subcommittee on Energy and Water Development. A 9:30 a.m. (CST) hearing will focus on the markup of the Energy and Water Development and Related Agencies Appropriations Act. The Senators will …

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Supreme Court Murder Case Could Impact Energy Industry

  It’s a murder case that could end up impacting Oklahoma’s oil  and gas industry. The U.S. Supreme Court on Monday agreed to hear the state’s challenge of a 10th U.S. Circuit Court of Appeals decision that said because Patrick Murphy was Indian and the 1999 murder of George Jacobs happened on Indian land, Murphy …

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Supreme Court Won’t Hear Case of Bribed Corporation Commission Rate Case

The U.S. Supreme Court on Monday announced it would not hear the appeal of a group challenging a nearly 30-year old bribed Oklahoma Corporation Commission rate case that has been allowed by the Oklahoma Supreme Court to stand. One that involves an attempt to force ATT to reimburse $16 billion in charges to consumers in …

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Gasoline Prices Up Again in Oklahoma as Motorists Can Expect Higher Memorial Day Driving Costs

Oklahoma gasoline prices jumped 7 cents on average in the past week while nationally, the new average of $2.93 per gallon was 12 cents higher than 14 days earlier. AAA Oklahoma reports prices in Oklahoma City average $2.64 compared to $2.58 one week ago. Tulsa’s average is up to $2.65 per gallon, an 8-cent increase …

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Appeals Court Rules Against Fired DEQ Attorney

A former attorney for the Oklahoma Department of Environmental Quality fired in a 2014 scandal involving a state legislator has lost her case with the State Court of Civil Appeals. The court upheld the firing of Mista Burgess who was fired as a supervising attorney in May 2014. She had been terminated after being accused …

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