While the Oklahoma legislature’s leaders are attempting to reach an agreement on how to fix a $215 million budget hole, the Senate will hold hearings into three studies regarding transportation and light rail. Studies will focus on light rail transport, the Corporation Commission’s Transportation Division’s Compliance with state law and on the State Transportation Department’s …
Oklahoma’s Oil and Gas Association is spreading the word trying to tell legislators—-leave your hands off the Gross Production Tax. And he’s not taking aim at just Democrats who recently called for hiking the tax…..but Republicans including Gov. Mary Fallin. Writing to newspapers around the state, Chad Warmington, President of the Association said legislators who …
Oklahoma City-based LSB Industries, Inc. recently announced that the ammonia plant at its Pryor, Oklahoma chemical facility experienced a minor fire and was taken out of service on September 23, 2017 to repair damage to some of the plant’s electrical controls, wiring and piping, according to a company press release. No injuries were reported. There was no …
U.S. Energy Secretary Rick Perry issued a formal Notice of Proposed Rulemaking to FERC requesting immediate action to address threats to the resiliency of the nation’s electrical grid, according to a news release issued Friday. “A reliable and resilient electrical grid is critical not only to our national and economic security, but also to the everyday lives …
The $184 million sale of its assets in the Texas Panhandle by ConocoPhillips has been finalized according to an announcement by the Houston-based company. The identity of the buyer was not disclosed when ConocoPhillips made the original announcement in August and it remains undisclosed. The sale was part of the company’s more than $16 billion …
In a speech on the floor of the Senate, Oklahoma U.S. Sen. Jim Inhofe went after the media and at the same time defended the Trump administration saying some of the needless rules and regulations created by the Obama administration have been reversed. “Some regulations and agency processes have a purpose and are important, but …
Tyson Poultry will pay a $2 million fine over a chemical dumping incident that happened three years ago at its Monett, Missouri operation and resulted in a fish kill. The company pleaded guilty recently in federal court in Springfield, Missouri to a federal misdemeanor charge of violating the Clean Water Act. The Joplin Globe reported …
Opponents of a proposed waste disposal well in the Kansas Flint Hills have lost their fight after the Kansas Corporation Commission this week approved the plans of an oil company. The KCC issued an order that concluded the opponents failed to prove and show “immediate danger to public health, safety or welfare” due to the …
Exxon Mobil added 22,000 acres to its Permian Basin holdings this week through a series of acquisitions and acreage trades. The new acreage adds to the company’s existing 6 billion barrels of oil equivalent Permian Basin resource base. In February, the company picked up 250,000 acres in the Delaware Basin from companies owned by the …
Murphy Oil Corporation based in El Dorado, Arkansas announced this week it is buying a 20 percent working interest in part of a deep water basin off the shores of Brazil. Murphy’s wholly owned Brazilian subsidiary, Murphy Brazil Exploracao E Producao De Petroleo E Gas Ltda will own part of the Sergipe-Alagoas Basin. It made …