A large state public pension fund with 2.7 million shares in Chesapeake Energy is asking investors to urge the company to provide timely disclosure of environmental and climate risks and to be more aware of the effects of global warming. CalPERS, the country’s largest state public pension fund with nearly $350 billion in total …
Four persons are recovering from injuries suffered in a natural gas line explosion in the northeast Oklahoma town of Cleveland. It occurred Thursday afternoon near a Cash Saver store as city workers re repairing a gas line leak and the leaking gas ignited. Reports indicated that three of the workers suffered burns. “We could have …
A refinery tank explosion on Thursday in Wisconsin left eleven workers injured. It happened at the Husky Energy refinery in Superior, Wisconsin. Fire Chief Steve Panger said at last word, there were no known fatalities when a tank containing crude oil or asphalt exploded. Five patients were rushed to the St. Mary Medical Center in …
Oklahoma’s STACK play is seeing no letup in the interest in more exploration. At least 34 more permits were approved in the past week for the big play. The latest permits to drill reports as published by OK Energy Today show continued heavy exploration underway. The heaviest interest is in Kingfisher county where 21 permits to …
It was classic Washington D.C. politics on display Thursday as EPA Administrator Scott Pruitt went before two House committees and faced an onslaught of accusations and questions. Democrats went on the attack in a vivid display of partisanship on one side while Republicans displayed the same kind of partisanship on the other. Regardless of whether …
While Enable Midstream Partners LP recently lost a U.S. 10th Circuit Court of Appeals ruling regarding its pipeline operation near Anadarko, the company will not be forced to rip up 1,300 feet of the pipeline. It came out of the Tenth Circuit court this week in a case involving a group of tribal landowners who …
American Electric Power said this week it intends to invest nearly $18 billion in its core regulated businesses in the coming three years. The Tulsa-based company indicated it will not include the $4.5 billion Wind Catcher project to carry electricity from the Oklahoma Panhandle to near Tulsa. The 2,000 mW wind farm will be owned …
Tulsa-based NGL Energy Partners LP announced this week it declared a quarterly distribution of 39-cents a unit for the quarter ending March 31, 2018. It translates into a $1.56 per unit on an annualized basis and is payable to common unitholders of record at the close of business May 7, 2018. The Board of Directors …
The Kansas City Southern railway company, whose freight trains pass through eastern Oklahoma and into the central part of the state has announced a new weekly intermodal service between the Port of New Orleans and Wylie, Texas, a suburb of Dallas. The service will begin in May and had been discontinued after Hurricane Katrina in …
A national workplace safety advocacy group has named the drilling company where five workers died in a January explosion in southeast Oklahoma to its so-called “Dirty Dozen” list for unsafe practices. The National Council for Occupational Safety and Health listed Patterson UTI Energy of Houston, Texas because of the 110 reported OSHA violations and the …
