Environmental groups have filed a lawsuit against the Nuclear Regulatory Commission for its approval of a nuclear storage waste site in far west Texas in the Permian Basin. The suit was filed in the U.S. District Court for the District of Columbia by such groups as the Sierra Club and Beyond Nuclear reported the Carlsbad Current-Argus. …
Quarterly dividend announced by Alliance Resources
Tulsa-based Alliance Resource Partners, L.P. announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended June 30, 2022. ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.40 per unit (an annualized rate of $1.60 per unit), payable on …
Cheniere announces quarterly dividend
Cheniere Energy, Inc. announced a quarterly dividend this week. The company’s Board of Directors declared a cash dividend of 33 cents a common share payable on August 16, 2022 to shareholders of record as of the close of business on August 9, 2022. Cheniere Energy, Inc. is the leading producer and exporter of liquefied …
Headlines of other energy stories
** Sen. Joe Manchin (D-W.Va.) announced on Wednesday that he has struck a deal with Senate Majority Leader Charles Schumer (D-N.Y.) on legislation aimed at advancing key pieces of President Biden’s agenda, including measures that target taxes, lowering drug prices and combating climate change. ** Exxon Mobil Corp on Tuesday said it has made two new …
$1 billion upgrade on locomotives planned by Union Pacific
In a move to cut pollution from its engines, Union Pacific Railroad plans to spend more than $1 billion upgrading 600 of its old diesel locomotives over the next three years. The Omaha, Nebraska-based railroad said the upgrades will cut nearly 210,000 tons of carbon emissions a year and be the equivalent of taking …
Biden orders more oil released from Petroleum Reserve
President Biden’s first release of crude oil from the Strategic Petroleum Reserve drew the ire of some Oklahoma congressmen and the next release announced Tuesday will surely do the same. The Biden administration announced it will sell another 20 million barrels of oil from the SPR in order to calm oil prices that increased …
Lawsuit against Oklahoma’s coal ash regulatory power is thrown out
The U.S. Court of Appeals for the D.C. Circuit on Tuesday ordered the dismissal of a longstanding lawsuit challenging Oklahoma’s program regulating the disposal of coal ash. In Waterkeeper Alliance v. Regan, the D.C. Circuit held unanimously that the advocacy groups bringing the suit lacked standing to challenge Oklahoma’s environmental program, in part because certain …
AARP wants Oklahoma regulators to end the utility rate hikes
Oklahoma’s AARP is asking state regulators to adopt an immediate moratorium on any more rate increases for utilities. The AARP chapter sent a letter to Oklahoma’s three elected corporation commissioners calling on them to not give approval to a list of utilities wanting to increase monthly rates for their customers. Additionally, it was recently learned that …
Crude prices slipped in Tuesday’s trading
Those nagging and growing worries by investors of lower consumer confidence combined with a coming release of another 20 million barrels of crude oil from the U.S. Strategic Petroleum Reserve sent crude oil prices tumbling on Tuesday. West Texas Intermediate crude for September delivery dropped $1.72 to settle at $94.98 a barrel on the …
Blueknight Energy declares quarterly dividend
A quarterly dividend was announced by Blueknight Energy Partners, L.P. The firm’s board of directors of its general partner declared a quarterly cash distribution of $0.0425 per common unit. A quarterly cash distribution of $0.17875 per preferred unit for the quarter that ended June 30 was also declared. The company stated that the distributions …
