They called him the “Frack Master” and this week federal agents arrested Christopher Faulkner in an $80 million oil investment scam run out of Dallas. He earned the nick name because of his promotion of the oil and gas industry. But the Securities and Exchange Commission shut down his Breitling Energy after suing the firm …
When it comes to the efforts of electric utilities on energy efficiency customer incentives, they reported spending $3.6 billion in 2016. The U.S. Energy Information Agency said it figured out to be $24 a customer on average. The findings came in the EIA’s survey of electric power sales, revenue and energy efficiency. The average reported …
Taylor Henderson was named State Maintenance Division Engineer for the Oklahoma Department of Transportation in June 2018. Henderson will be responsible for managing activities of the Maintenance Division, including general repair of bridges, interstates and highways; mowing; beautification efforts; litter cleanup and snow and ice removal. Henderson began his career at ODOT in the Oklahoma …
Tulsa’s Paladin Land Group, the city’s largest broker and consultant for oil and gas land services became one of only two “non-operator” businesses ever to receive the Company of the Year award from the Tulsa Association of Petroleum Landmen when it was recently named the 2017-18 recipient. “We are excited and humbled by this honor …
The effort unveiled this week to create a Governors’ Partnership on Carbon Capture was larger than the result. While Oklahoma Gov. Mary Fallin joined the formation led by Montana and Wyoming’s Governors Steve Bullock and Matt Mead, many others were invited to join. Oklahoma was joined by Louisiana, Kansas and Utah in creating the partnership …
A new report predicts more than 2,800 retail sites will soon be distributing higher biofuel blends nationally. The Oklahoma Farm Report says the claim was reported by Growth Energy which said the 2,800 sites where E15 will be sold will be reached as early as 2021. it means another 350 million gallons of ethanol will …
A Dutch pension fund investor has become a 50 percent owner of an Oklahoma wind farm after signing a deal with California based EDF Renewables, one of the largest renewable developers in North America. PGGM Infrastructure Fund signed the purchase and sale agreements, thereby acquiring 50% ownership in the Rock Falls Wind farm, a 154 …
Oklahoma U.S. Sen. Jim Inhofe has not only walked back last week’s doubts about his longtime friend and EPA Administrator Scott Pruitt, but he took a colleague as well as the New York Times to task accusing them of spreading outrageous lies about Pruitt. He started Wednesday by going after Sen. Tom Carper of Delaware …
Dallas-based Grey Rock Energy Partners, a company with major efforts in Oklahoma’s SCOOP play announced it has held its first and only close of Grey Rock Energy Fund III which was oversubscribed with $232.5 million in capital commitments. All of the money in the fund was raised through institutional investors and the majority, according to …
Marathon Petroleum, one of major players in Oklahoma’s STACK and SCOOP play has made considerable progress on its Galveston Bay refinery in Texas. Fluor Corporation announced it has achieve substantial engineering completion for Marathon’s Tier 3 gasoline sulfur standard reconfiguration project at the refinery. Fluor and Marathon Petroleum have worked together on this project since the feasibility …