Chevron USA is still fighting the Environmental Protection Agency, contending that the Federal government should pay some of the cleanup costs at the Superfund site that once was the company’s Questa Mine in northern New Mexico. The company made recent arguments to the U.S. 10th Circuit court of Appeals in Denver, hoping to revive its …
Unless Oklahoma congressman Markwayne Mullin and 39 others named to serve on a joint House-Senate committee negotiating a final Energy Bill agree to Democrats demands, the prospect of the first major energy bill in nearly a decade could be quickly fading. Rep. Mullin was named recently to help negotiate differences in what the U.S. Senate …
Union Pacific Railroad investigators blame track failure as the cause of last week’s fiery oil tanker derailment in Oregon. The railroad company inspects the tracks that run through Mosier, Oregon at least twice a week and the most recent inspection was on May 31 prior to the crash that forced the evacuation of nearly 100 …
Amidst the energy downturn, a Tyler,Texas company is investing more than $6 million in new headquarters in the Permian Basin. Mewbourne Oil has started construction on a 32,000-square-foot office in Hobbs, New Mexico. The Hobbs News-Sun quotes Mewbourne Oil President Ken Waits as saying the existing offices in the eastern New Mexico city are old …
The Williams Companies, Inc. inched closer to sealing the deal with merger partner, Energy Transfer Equity, L.P on Monday. In a company press release, Williams announced that the election deadline for its stockholders regarding the ETE merger acquisition is June 24, 2016 at 5 p.m. Eastern Daylight Time. If registered Williams stockholders desire to make …
Oklahoma State Treasurer Ken Miller announced Monday that the monthly gross receipts reached a six-year low for the month of May while oil and natural gas gross production collections finally rose slightly over the month. But Miller also said all major revenue streams, income, sales, gross production, and motor vehicle taxes are lower than May …
Tulsa’s WPX Energy has priced a public offering of 49,500,000 shares of its common stock of nearly $485 million. In making the announcement, the company said it will use the net proceeds from the offering for general corporate purposes which might include an acceleration of drilling and completion activities as well as acreage acquisitions and …
Oklahoma City-based Devon Energy announced it’s made a $1 billion sale of some of its in Oklahoma and Texas and a royalty interest in the northern Midland Basin. It did not identify the buyers but said the largest transaction was for reserves in East Texas that sold for $525 million. It also sold its holdings …
Oklahoma’s Quapaw tribal Chief John Berrey will be among five witnesses testifying Tuesday before a Subcommittee of the U.S. Senate Environment and Public Works Committee as it explores unfunded mandates of the Environmental Protection Agency. Chief Berrey will testify before the Subcommittee on Superfund, Waste Management and Regulatory Oversight as it holds a hearing …
A pat on the back from U.S. Senator Jim Inhofe for the Oklahoma Commerce Department and its 2015 study on “The Economic Impact of Oklahoma’s Brownfields Program.” Inhofe is chairman of the Senate Environment and Public Works Committee and called the report “an excellent study highlighting the economic benefits of the Oklahoma Brownfields program …