Decision time this week for two big utilities in Kansas. Westar Energy and Great Plains Energy have until May 4 to decide their next step after the Kansas Corporation Commission rejected a $12.2 billion agreement between the two firms. Last year, Great Plains asked the KCC to approve its move to acquire Westar Energy. Kansas …
Energy Transfer Partners, L.P., the Dallas-based company that struggled over the past year to complete its Dakota Access Pipeline in North Dakota has announced a quarterly cash distribution of $0.535 for the first quarter ending March 31, 2017. The distribution represents a distribution of $2.14 on an annualized basis and will be paid on May …
Tulsa-based Alliance Resource Partners, L.P. and the Alliance Holdings GP, L.P., companies that distribute coal nationally, have announced a cash distribution has been approved to respective unitholders for the quarter ending March 31, 2017. The ARLP unitholders will get a cash distribution of $0.4375 per unit or an annualized rate of $1.75 per hit payable …
Oklahoma City-based Blueknight Energy Partners, L.P. plans a release of its first quarter 2017 financial results on Wednesday, May 3. The results will be discussed during a conference call at 10 a.m. Blueknight Energy owns and operates a portfolio of midstream energy assets of nearly 9.6 million barrels of combined asphalt product and residual fuel …
Environmental Protection Agency Administrator Scott Pruitt has backed out of a keynote speaking engagement at the Oklahoma Republican Party Gala, according to a report by News9.com. The former Oklahoma Attorney General confirmed his decision to withdraw from the event during a radio talk show on Thursday morning. The OKGOP affair is set for May 5 …
An Oklahoma water task force recently released a report offering alternatives for wastewater disposal from oil and gas operations in the state, according to a press release issued by the Oklahoma Water Resources Board on Wednesday. The 17-member Oklahoma’s Water for 2060 Produced Water Working Group – formed by Governor Mary Fallin in 2015 – …
Customers of Tulsa-based Public Service Company of Oklahoma will pay more for electricity beginning in May as the utility adjusts its fuel factor to reflect higher prices for power and natural gas, according to a company press release issued Thursday. The fuel factor is based on predicted fuel and power costs. Since actual fuel costs …
Word from the Associated Press indicates a Florida legislative committee gave approval this week to a bill allowing power companies to charge customers to fund out-of-state fracking projects. The bill would undo a 2016 Supreme Court ruling that said companies levying such charges were overstepping their authority. But the power companies contend the measure would …
State House Democratic leader Scott Inman, the announced candidate for governor, knows he has Republican leadership in a bind in its efforts to raise the state’s gasoline tax. And this week, Rep. Inman used a service station near the State Capitol as the site to call for returning Oklahoma’s gross production tax on oil and …
An Oklahoma state legislative leader is under fire by the Oklahoma Independent Petroleum Association for her recent participation in a State Capitol rally calling for a 250 percent increase in the gross production tax. Rep. Leslie Osborn – the Oklahoma House of Representatives Appropriation and Budget Chair – attended Wednesday morning’s rally sponsored by the …