Billionaire Warren Buffett and his Berkshire Hathaway Energy Co. want a fast-track approval of their proposed $9 billion takeover of Oncor Electric Delivery Co. in Texas. Berkshire needs approval from the Public Utility Commission in Texas and plans to ask the agency to make a decision in the next 60 to 90 days. The energy …
ConocoPhillips Co., a firm with operations in Bartlesville and a regional office in Oklahoma City is putting an indefinite hold on operations at its liquefied natural gas plant in Kenai, Alaska. The LNG plant was put on the market last year but no buyers have come forward. ConocoPhillips made the decision as …
While crude oil prices bounce around the $45 a barrel mark, it’s making life tough for some small independents as they seek to find black gold in the Permian Basin in west Texas. The Houston Chronicle reports some are thinking of delaying exploration projects as money is tight. The paper quoted James Mayer, founder and …
The good news is no one was hurt. The bad news is more than two dozen train cars loaded with coal derailed Wednesday afternoon near the Wagoner County town of Okay. The Union Pacific Railroad said 27 cars derailed and some flipped onto their sides while others remained upright. An estimated 2,000 feet of track …
In about two months, the first of seven new turbines being installed as part of a massive upgrading of OGE’s Mustang Power Plant will be “fired up.” The company’s in the middle of the project that started nearly 18 months ago to replace turbines put in place in the 1950s. An estimated 350 employees are …
EPA Administrator Scott Pruitt has political tongues wagging in Washington, D-C. after saying German Chancellor Angela Merkel’s move to phase out her country’s nuclear power plants is hypocritical. And she likely won’t be saying, “das gut” in response. “I just think the hypocrisy runs rampant,” he said in an interview with Politico. “To look at us …
An Administrative Law Judge at the Oklahoma Corporation Commission is set to hold a pooling hearing on Friday in a nearly decade old legal fight between two exploration companies that involved what the courts ruled to be “intrinsic fraud.” It’s a fight between Denver, Colorado-based Optima Oil and Gas and Mewbourne Oil Company, a Tyler, …
It’s not unusual to hear of a snake slithering into a power station and causing a power outage. But how about the bobcat found dead hanging from a 35-foot power pole in southwest Kansas. A line crew with Wheatland Electric made the discovery this week near the town of Lakin. The bobcat apparently climbed up …
A 3.5 magnitude earthquake rattled north central Oklahoma late Tuesday night. The earthquake happened around 10:16 p.m. in Garfield County, registering a little more than a mile deep. The U.S. Geological Survey reported the epicenter was near the town of Hayward, about 22 miles east/southeast of Enid and 28 miles west/northwest of Stillwater. There are …
Energy companies were among the 23 that made new investments in Oklahoma in the second quarter of 2017, according to a quarterly report from the Oklahoma Commerce Department. The investments totaled $680 million and more than 1,100 jobs are to be created as a result. Eight of the 23 firms are new to Oklahoma. The …