New Mexico regulators could take up this week a proposed smaller rate hike for customers of Public Service Co. of New Mexico. Last week, the Public Regulation Commission had a 3-2 vote in a hearing during which there was contentious debate over coal-related investments by the company. Commissioners voted in December in favor of a …
Utility regulators in Missouri have signed off on a 100-mile transmission line across five counties in the northeast part of the state. Ameren transmission Co. of Illinois will build the $250 million Mark twin Transmission Project line with construction starting in April. It should be operational by the end of 2019. “Approval of the Mark …
Known as the world’s largest oilfield services provider, Schlumberger will get its chance to take its patent fight to the U.S. Supreme Court. The Court agreed recently to hear the company’s argument that companies should be allow to recover profits lost because of patent infringement when patented technology is used overseas. Schlumberger, with large operations …
Another exchange of heated words has occurred after President Trump threatened last Friday to pull out of the Iran nuclear deal and reimpose economic sanctions if it doesn’t renegotiate the agreement. Iran vowed over the weekend not to renegotiate and threatened retaliation against the U.S. But Oklahoma U.S. Sen. Jim Inhofe stands with the President. …
The Oklahoma Department of Labor continues with a series of public hearings regarding proposed rule changes. One recent hearing focused on the Alternative Fuels Program where the department proposed changes in its requirements and certification for Alternative Fuels Technicians. It’s proposing to eliminate the status of an electric vehicle charge station technician. A January 18 …
The Oklahoma Department of Mines plans a public hearing this week on proposed 2018 regulatory amendments focusing on training and safety requirements of underground coal mining. The hearing will be held Jan. 17 at two sites: at 2 p.m. at the ODM Offices, 2915 N. Classen Blvd in Oklahoma City and at 6 p.m. …
Oklahoma City’s Devon Energy Corp. will release its fourth-quarter and full-year 2017 results next month. The company says it will make the results known on Tuesday, Feb. 20 after the close of U.S. financial markets. Results will be available on the company website at www.devonenergy.com.
The latest rig counts in Oklahoma and across the U.S. showed growth in the past week. Oklahoma’s count of oil and gas rigs grew by 3 to reach 121 while the national count was up 15 to 939. In the past week, the U.S. oil rig count grew by 10 to reach 752 while the …
“It has been one hell of a roller coaster ride.” Oilman T-Boone Pickens on close of his oil trading operations. At age 89, oilman T. Boone Pickens apparently figures he has seen and experienced it all in his days of investment in the oil and gas industry. Riding the highs and surviving the lows. Giving …
Nearly 10 months after hundreds of thousands of acres of land in northwest Oklahoma and southern Kansas and the Texas Panhandle were burned in wildfires, U.S. Sen. Jim Inhofe and Sen. Tom Udall of New Mexico introduced the Wildfire Regulatory Relief Act. The fires burned more than 1,200 square miles in Oklahoma and Kansas. …