Minnesota to consider forcing utilities to abandon fossil fuel

An effort will be made this year in the Minnesota legislature to require the state’s electric utilities to move away from fossil fuel sources. The announcement was made by Minnesota Senate Republicans and it could mean the measure could become law following a divided state legislature last year. Sen. David Osmek, R-Mound, chairs the Senate …

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Oil prices are up after US killing of Iranian General

The oil market responded to the U.S. airstrike that killed an Iranian general by jumping more than $2 a barrel. The price of Brent crude rose by more than 4% on Friday to more than $69 a barrel. The uptick came as traders reacted to news of the killing of General Soleimani at the Baghdad …

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Senators support decision to kill Iranian militia leader

The decision by the U.S.to take out of Iran’s top military leader, General Qasem Soleimani in a drone strike is fully supported by Oklahoma’s U.S. Sens. Inhofe and Lankford. The strike occurred at the Baghdad International airport as Quds Force Leader General Soleimani arrived and was greeted by his militia leaders in Iraq. As they …

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SandRidge Permian Trust receives Stock Exchange warning

  More challenges for Oklahoma City’s SandRidge Energy. Its SandRidge Permian Trust headquartered in Houston has been notified by the New York Stock Exchange that its stock could be delisted. The Trust has fallen below the Exchange’s continued listing requirement that the average closing price of the Trust’s units of beneficial interest be at least …

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More STACK exploration approved by Oklahoma regulators

Houston’s Newfield Exploration Mid-Con Inc. has permits to drill more wells in Oklahoma’s STACK play. Permits for five wells in Canadian County were approved by regulators. Three of the Brueggen 1407 wells will be drilled at 14 14N 7W which is a site about 4 miles southeast of Okarche. Two more Brueggen 1407 wells will …

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Energy news in brief

** The Minnesota Court of Appeals rules that state regulators must consider the environmental impacts for a proposed natural gas plant in Superior, Wisconsin, dealing a setback to the project. ** A developer cancels plans for a 31-turbine wind project in western Michigan due to “stringent” restrictions, though local officials share a different account. ** A company completed the acquisition of two ethanol plants …

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Environmental group to start year-long methane study of Permian Basin

Oil and gas drillers in the Permian Basin will soon find themselves targeted by an environmental group seeking to support its claims of high methane emissions from oil and gas wells. The Denver Post reports a Boulder company, Scientific Aviation will track methane emissions as part of a project organized by the Environmental Defense Fund. …

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Wyoming seeks to trim oil and gas drilling

Oklahoma energy companies who are active in drilling in Wyoming might soon encounter more difficulties in obtaining permits to drill in the state. A new rule has taken effect as Wyoming wants to trim drilling activity and do it by reducing the record number of applications for permits to drill the oil and gas wells. …

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Nation’s biggest solar farm nears approval by Trump administration

While President Trump has been critical of wind and solar projects, his administration is set to approve what would be the largest solar farm in the U.S. It will be a 690 MW operation with 380 MW of 4-hour battery storage. NV Energy’s Gemini solar-plus-storage project will cost around $38.44 per megawatt-hour under a 25-year contract …

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Tribes go to court against Oklahoma Governor Stitt

Scattered throughout Oklahoma’s energy fields of oil wells, wind and solar farms and transmission lines are dozens and dozens of Indian tribal casinos. And they are the source of the fight between the tribes and Oklahoma Gov. Kevin Stitt—a fight that now has gone to federal court. Hours before the start of 2020, the Cherokee, …

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