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Chevron Makes $1 million Donation for Hurricane Relief
A $1 million contribution to the American Red Cross was made this week by Chevron Corporation for hurricane Harvey disaster relief. The donation is meant to help those affected by disastrous flooding as well as the wind damage in Corpus Christi and Houston and surrounding areas. “Our thoughts are with all the people who have …
Magellan Forced to Shut Down Houston Operations
The extensive flooding and damage from Hurricane Harvey forced Tulsa-based Magellan Midstream Partners, L.P. to announce Monday it had shutdown its oil pipeline system in Houston, Texas. The move came as the company’s 200 employees at sites there and in Corpus Christi were personally affected by the storm but reported to be safe. By mid-afternoon …
Scott Pruitt’s Trips Home Come Under IG Investigation
Scott Pruitt’s travels back to his home state of Oklahoma have caught up with him as head of the U.S. Environmental Protection Agency. The EPA’s Inspector General announced the start of an investigation into whether his numerous trips home, some at taxpayer’s expense have been a violation of federal ethics rules. But Pruitt’s office is …
New CFO Named at Williams Companies
A new Senior Vice President and Chief Financial Officer has been named at The Williams Companies, Inc. in Tulsa. John D. Chandler will take over his new duties Sept. 5, replacing Don Chappel who announced his planned retirement from Williams earlier in the year. Chandler had been the CFO of Magellan Midstream Partners, L.P. until …
Millions of Barrels of Oil Out of Production Due to Hurricane Harvey
The experts say millions of barrels of oil have been taken out of the U.S. energy market by Hurricane Harvey and consequently gasoline prices will rise, not a matter of ‘if’ they rise. S and P Global Platts says at least 2.2 million barrels a day of refining capacity has been lost since the storm …
Government Asks Judge to Approve Bankruptcy Deal with Coal Mining Company
The government’s asking a Missouri bankruptcy judge to sign off on a $43 million dollar settlement with Peabody Energy Corp., the company that filed bankruptcy a few years ago. The deal sought by the U.S. Justice Department focuses on environmental liabilities at 13 Superfund sites. Peabody came out of bankruptcy in April and agreed …
Environmental Groups Don’t Like Being Sued by Pipeline Developer
With the tables turned on them, environmental groups sued by the developer of the Dakota Access oil pipeline in North Dakota are calling the suit an attack on free speech. “Harassment by corporate bullies,” is how Greenpeace attorney Tom Wetterer described the lawsuit filed last week by Dallas-based Energy Transfer Partners. The suit was filed …
State Asks Supreme Court to Have Sierra Club Lawsuit Put on Hold
While the Oklahoma Supreme Court wrestles with a constitutional challenge to a tax on electric cars, a similar lawsuit filed by the Sierra Club could be on hold. The original challenge to HB 1449 was filed by former U.S. Attorney Gary Richardson, now a candidate for the GOP nomination for governor. Oral arguments were held …
Pruitt Sticks With Former Oklahoma Banker on His Staff Despite FDIC Problems
EPA Administrator Scott Pruitt can expect more questions and digging by national reporters over the man he named to head an EPA task force on Superfund sites. That’s because Albert C. “Kell” Kelly, former chairman and CEO of Tulsa-based SpiritBank has been fined $125,000 by the FDIC. Kelly was named in May to chair the …
Marathon Scores a 1,600 Barrel a Day Well in STACK
Marathon Oil’s reporting a large well in Oklahoma’s STACK, one producing nearly 1,600 barrels of oil a day in Blaine County. Details shown in OK Energy Today’s Well Completion reports, indicate the Chapman well, 26 15N 11W is located about 3 miles northeast of the community of Greenfield. Its official completion report stated the production …