Democratic hopefuls once again only discussed their climate plans briefly Tuesday night, but the discussion managed to span issues including the Flint, Mich., drinking water crisis to a declaration by Sen. Bernie Sanders that the fossil fuel industry is criminal. “We’ve got to ask ourselves a simple question: What do you do with an industry that willingly, for …
U.S. Sens. Jim Inhofe (R-Okla.) and John Boozman (R-Ark.), along with Governors Kevin Stitt (R-Okla.) and Asa Hutchinson (R-Ark.), announced provisions in America’s Transportation Infrastructure Act that outline the future for modernizing the McClellan-Kerr Arkansas River Navigation System. These provisions will open up $250 million in non-highway formula funding for Oklahoma to use for MKARNS and …
ConocoPhillips reported second-quarter 2019 earnings of $1.6 billion, or $1.40 per share, compared with second-quarter 2018 earnings of $1.6 billion, or $1.39 per share. Excluding special items, second-quarter 2019 adjusted earnings were $1.1 billion, or $1.01 per share, compared with second-quarter 2018 adjusted earnings of $1.3 billion, or $1.09 per share. The company stated that …
Halliburton Company, the company founded in Oklahoma 100 years ago announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin off the coast of Brazil. The two-year and six month contract will provide drilling and completion services to drive greater efficiency by applying pre-salt expertise and integrating multiple …
Like most of the pipeline companies, Kinder Morgan (KMI) continues to fight legal and regulatory battles to build its pipelines. Recently, the company sued the city of Kyle, Texas, for passing an ordinance that hampers its Permian Highway Pipeline project. Previously, Travis Mitchell, the city’s mayor, and other opponents of the Permian Highway Pipeline sued Kinder …
ALLETE, Inc., the Minnesota energy company building its largest wind power site in southern Oklahoma reported this week second quarter 2019 earnings of 66 cents a share on net income of $34.2 million. The results were better than last year when the earnings were 61 cents a share on net income of $31.3 million. “We …
Lagoon Water Solutions; Oklahoma’s premier water midstream provider, closed on an $85 million purchase of Continental’s eastern STACK water recycling facility, gathering system and three related disposal wells in Blaine County, Oklahoma. Along with the transaction, Lagoon has entered into a long-term arrangement with Continental to gather and dispose of produced water and source recycled …
An American Indian tribe opposes a company’s plan to dump oilfield wastewater upstream of a river in central Wyoming, saying the pollution could hurt business for fishing and rafting guides. Dallas-based Aethon Energy plans to put over 8 million gallons of polluted water from the Moneta Divide oil and gas field into two creeks feeding …
Nearly 1,800 oil and gas wells in 32 western Oklahoma counties are under new ownership of a partnership created last year in Oklahoma. BCE-Mach II has signed a purchase and sale agreement within its new partnership with Bayou City Energy (BCE), BCE-Mach II, for the acquisition of US producing properties in Beckham, Custer, Dewey, Roger …
Leaders at Tulsa’s ONEOK believe the future of natural gas in North Dakota is worth investing $400 million. The company plans to add to its LPG pipeline also in the Permian Basin. Plans are in place for a 40,000 barrel-a-day expansion of NGLs through the West Texas LPG pipeline in West Texas. This is in …