Anyone who tries to follow the political controversies that keep growing around EPA Administrator Scott Pruitt needs a scorecard. From his exorbitant travel expenses to the secure phone booth for his office to the room he rented from an Oklahoma energy lobbyist, it’s fuel for his critics. Consider how Politico’s Morning Energy Report laid out …
Even though Oklahoma Attorney General Mike Hunter has released the Tar Creek Superfund site he previously claimed was not a public record, it isn’t enough for the Washington D.C. based Campaign for Accountability. The watchdog group filed yet another lawsuit against Hunter in Oklahoma County District Court, the same court where it sued him last …
The tax hikes fought by the oil and gas and wind groups in Oklahoma did one thing—they evoked what State Treasurer Ken Miller called “positive words” from Moody’s Investors Service. One of the big three bond rating agencies, Moody’s said this week, “Oklahoma overcomes political gridlock and passes revenue bill for first time in decades, …
A week doesn’t go by when another big sale is announced about holdings in the Permian Basin. This week’s is a $1.75 billion cash deal in which Brazos Midstream Holdings LLC of Fort Worth and its financial sponsor Old Ironsides Energy have entered into an agreement to sell their Delaware Basin subsidiary companies to North …
A new study by the University of Colorado finds those who live near oil and gas facilities might have a higher risk of getting cancer and other diseases. But one oil and gas group says the researchers have it wrong. Researchers at the Colorado School of Public Health as well as NASA and the Boulder …
Just a few weeks after signing a bill into law to increase the gross production tax on oil and gas in Oklahoma, Gov. Mary Fallin has signed a bill repealing a $5 tax on hotel and motel rooms. She also signed two others that are estimated to replace the revenue to help fund teacher pay …
Just a few months after Devon Energy issued a 2018 outlook predicting 25% growth in oil production and announcing strong revenue growth in the fourth quarter of 2017, the Oklahoma City company announced the start of the layoff of 300 workers. The company announced it expected to save $200 million by 2020 as a result …
A promotion has been announced for the senior management team at Houston-based Plains All American Pipeline L.P. A man with more than 20 years of experience at Phillips 66, Chris R. Chandler will join the company as Sr. Vice President of Strategic Planning and Acquisitions. He most recently was general manager of Corporate Strategy at …
Oklahoma City-based Enable Midstream Partners LP plans to release its first quarter 2018 earnings report on May 2, 2018. The actual release will be made before market hours on that Wednesday followed by a conference call at 9 a.m. CDT where company leaders will discuss the results. The fourth quarter earnings released in February 2018 …
Governor Mary Fallin has signed into law a bill making changes to the interest rate paid by oil and natural gas producers when there are issues with royalties on minerals. The governor signed House bill 2775 making it effective Nov. 1 at which time changes to the Production Revenue Standards Act will happen. Under the …