The Federal Energy Regulatory Commission is expected to vote Thursday on four liquefied natural gas export terminals in Texas after more than three years of review. If approved, all four projects would take natural gas from the Permian Basin of West Texas, the Eagle Ford Shale of South Texas and other sources and then use …
The U.S. House Energy and Commerce Committee, of which Oklahoma Rep. Markwayne Mullin is a member, is to vote this week on several energy and environmental bills. One is a proposed effort to improve the safety of pipelines. The “SAFER Pipelines Act of 2019 was introduced last week. Democrats who created the bill say it …
The weekend announcement by Tulsa-based Alliance Resources means a total of about 600 coal miners in western Kentucky and southwest Indiana have lost their jobs or will lose them in the coming months. At least 184 jobs were cut in the weekend announcement by Alliance coal which said it was shutting down production at the …
HollyFrontier Corporation announced a series of strategic actions including a $1 billion share buyback program. The actions target growth, risk management and shareholder returns and include a new renewable diesel unit project for the company that operates refineries in Tulsa, Oklahoma and other sites across the U.S. The renewable diesel unit project at the compan’s …
Williams in Tulsa is scheduled to host its 2019 Analyst Day event on Dec. 5, 2019. During the event, Williams’ management will give in-depth presentations covering the company’s natural gas infrastructure strategy that helps meet growing clean energy demands. “The presentations will highlight the company’s efficient operations, disciplined project execution, strong financial position and …
Big Boy rolled into Oklahoma over the weekend. The 600-ton Union Pacific Engine 4014, one of the world’s largest steam engines visited towns in eastern Oklahoma as part of the rail line’s 150th anniversary of the transcontinental railroad. The giant engine was restored for the anniversary that celebrates the track finished in 1860 which connected …
An Oklahoma oil and gas company sued over the 2011 earthquake that left homes damaged in Prague lost its case Friday with the State Court of Appeals. The high court upheld a Lincoln County judge’s ruling to certify a class-action lawsuit that included residents of Lincoln, Payne, Logan, Oklahoma, Cleveland, Pottawatomie, Seminole, Okfuskee and Creek …
** Hackers have demanded 565 bitcoins, currently worth about $5 million, from Mexico’s national oil company Pemex in a cyberattack. The hack, detected on Sunday by Pemex, has forced the company to shut down its computers across Mexico, Reuters reported. ** The Omaha Public Power District Board of Directors has approved plans to create Nebraska’s largest solar farm. The …
The deterioration of the international coal market forced Tulsa-based Alliance Resources Partners, L.P. to lay off 185 workers at one of its Indiana coal mines. Alliance announced the action was at the Gibson County Coal mine operation in Owensville and Princeton, Indiana. The company issued a Workers Adjustment and Retraining Notification (WARN) Act notice due …
Investors in Oklahoma City’s Chesapeake Energy will be paying close attention to this week’s trading in the company as prices leveled off Friday and closed at 70 cents a share. After the company’s earnings report was released last week in which leadership suggested the future of the company was weak, shares dropped three of …