After being blacklisted from state agency business because of its ESG beliefs, Wells Fargo is no longer the bond adviser for the Oklahoma Turnpike Authority. The company was among those cited by Oklahoma Treasurer Todd Russ as violating Oklahoma’s new law which targeted financial institutions for their bias against the state’s oil and gas …
Oklahomans might see a big jump in their monthly 911 fees if a bill approved in the legislature and sent to Gov. Kevin Stitt is signed into law. As the political website, NonDoc reported this week, the 67% increase would be part of a state effort to upgrade Oklahoma’s emergency hotline system. The increase …
No surprise in what the U.S. Energy Information Administration reported this week showing Texas and New Mexico were the leading oil-production states in the country. U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 compared with 2021, averaging 11.9 million b/d according to the EIA’s Monthly Crude Oil …
Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration in Oklahoma’s SCOOP play, filing completion reports on two wells on a single pad with combined production of nearly 1,400 barrels of oil a day. The reports for the Moonraker wells, located at 33 1N 3W or 5 miles …
The head of the Oklahoma Electric Cooperatives Association, Chris Meyers says no doubt, Oklahoma electric co-ops will take a serious look at the newly-announced USDA program offering $11 billions to boost clean energy systems in rural areas. Responding to an inquiry by OK Energy Today, the general manager and CEO of the state association …
** Remember SamBrinton, the former senior Energy Department non-binary? He’s been arrested again, this time as a “fugitive from justice” by police in Maryland. ** The United States should develop its own clean energy supply “soup to nuts” — but that doesn’t mean banning Chinese products, a top Biden administration official said Thursday. At POLITICO’s first-ever energy …
Carbon capture and storage projects in seven states, including Texas and Wyoming, received a $251 million shot in the arm this week from the Biden administration. The U.S. Department of Energy announced the funding of the grants that are aimed at reduction of planet-warming pollution from power plants and industrial operations. A major oil …
NextEra Energy Partners LP, the company known in Oklahoma for its wind farm developments, says it’s planning to sell its STX Texas midstream assets in the Eagle Ford Shale and Pennsylvania’s Meade natural gas pipeline. The company wants to streamline finances and become more of a fully renewables-based company according to John Ketchum, NextEra’s …
Federal American Rescue Plan Act (ARPA) dollars could soon bring relief to Edmond-Deer Creek neighborhoods dealing with wastewater challenges from a nearby treatment plant. The Oklahoma House of Representatives on Wednesday passed House Bill 2942, which appropriates $28.1 million to the Oklahoma Water Resources Board for water infrastructure investments, including to the Deer Creek …
Oklahoma energy stocks and crude oil prices rebounded Wednesday with gains for the day including a $2 jump for crude oil. The nearly 3% gain in crude oil came about due to increased optimism over oil demand and U.S. debt ceiling negotiations. West Texas Intermediate crude rose $1.97 a barrel or 2.8% to $72.83 on …
