• Revised company history may help Continental Resources' Harold Hamm avoid record divorce payout

    Published: Wed, Sep 24, 2014

    Changes on Continental Resources' website may enable CEO Harold Hamm, one of America’s wealthiest men, to avoid the biggest divorce award in U.S. history, Reuters reports.

  • Electric vehicle sales are running out of gas

    Published: Thu, Sep 4, 2014

    Electric car sales are not charging the marketplace. A new study by online automotive research company Edmunds.com suggests the segment may have run out of gas. Sales of electric drive vehicles are stuck at about 3.6% of all new car sales for 2014, Edmunds senior analyst Jessica Caldwell said.

  • Chesapeake reaches tentative deal with city of Arlington on royalties

    Published: Tue, Aug 19, 2014

    The city of Arlington contended Chesapeake improperly calculated its royalties by deducting post-production costs and sales to affiliates, but the sides appear to have reached a settlement, according to the Fort Worth Star-Telegram.

  • BrightSource solar plant sets birds on fire as they fly overhead

    Published: Tue, Aug 19, 2014

    Workers at a state-of-the-art solar plant in the Mojave Desert have a name for birds that fly through the concentrated beams of solar energy focused upward by the plant's 300,000 mirrors — "streamers," for the smoke plume that comes from birds that ignite in midair, reports CBC Canada from AP. Federal wildlife investigators who visited BrightSource Energy's Ivanpah plant last year and watched as birds burned and fell, reporting an average of one "streamer" every two minutes, are urging California officials to halt the operator's application to build a still-bigger version. The investigators want the halt until the full extent of the deaths can be assessed. Estimates per year now range from a low of about a thousand by BrightSource to 28,000 by an expert for the Center for Biological Diversity environmental group.

  • John Stancavage: Gasoline price war breaks out again at two nearby convenience stores

    Published: Fri, Jul 25, 2014

    War has broken out again. For the second time in two weeks, two Tulsa convenience stores are battling over who has the cheapest local gasoline price, Tulsa World reports.

  • UK Supermarket To Power Itself With Food Waste

    Published: Thu, Jul 24, 2014

    Where does all the leftover food go when the grocery store closes at the end of the day? Maybe it's repurposed somehow or thrown out , but what if it could help a supermarket become energy independent? A Sainsbury's supermarket in the United Kingdom will soon power itself with leftover food waste and disconnect from the National Grid, Huffington Post reports. Sainsbury's is partnering with Biffa, one of the U.K.'s largest waste management companies, to make this possible. Sainsbury's trucks its food waste from all over the U.K. to Biffa's plant in Staffordshire. Biffa then converts it into biogas, and this biogas is then burned to meet the energy needs of a location in the town of Cannock.

  • Boone Pickens: 'I'm a patriotic American'

    Published: Wed, Jul 9, 2014

    Six years after veteran energy executive Boone Pickens introduced the "Pickens Plan," America still does not have a comprehensive national energy plan. Why, asks CBS News? Pickens has a one-word explanation: Washington. "You've got to change some things in Washington because what we're doing is wasting a hell of a lot time," Pickens told said in an interview that covered energy policy, OPEC and politics.

  • N.D. oil production tops 1 million-barrels-a-day milestone

    Published: Wed, Jun 18, 2014

    North Dakota has joined the big leagues of crude oil production, surpassing 1 million barrels per day — an output second only to Texas in the U.S., the Star Tribune reports

  • Gasoline at U.S. Pumps Set to Hit Six-Year Seasonal High

    Published: Wed, Jun 18, 2014

    Gasoline in the U.S. climbed this week, boosted by a surge in oil, and is expected to reach the highest level for this time of year since 2008. The pump price averaged $3.686 a gallon yesterday, up 1.2 cents from a week earlier, data posted on the Energy Information Administration’s website late yesterday show. Oil, which accounts for two-thirds of the retail price of gasoline, gained $2.49 a barrel on the New York Mercantile Exchange in the same period and $4.88 in the month ended yesterday.

  • Crude oil edges toward $107 after Iraq refinery attacked Futures Movers

    Published: Wed, Jun 18, 2014

    Crude-oil prices edged higher on Wednesday, with the U.S. benchmark pushing back toward $107 a barrel after militants in Iraq attacked the country's biggest oil refinery, underlining worries about potential threats to export facilities in the south. Nymex WTI crude oil for July delivery CLN4 -0.38% picked up 34 cents, or 0.4%, to $106.73 a barrel, partly recovering from a 54-cent loss on Tuesday. WTI crude is also taking a cue from expectations for tighter domestic supplies in the U.S.

  • Old friends face off in Oklahoma wind farm debate

    By CASEY SMITH, Tulsa World | Published: Sun, Jun 15, 2014

    Blue Mound is the highest point on Frank Robson’s Craig County cattle ranch and was once, he says, one of the highest points in the Cherokee Nation, Tulsa World reports.

  • Fracking wells possible culprit of Texas earthquakes

    Published: Sun, Jun 1, 2014

    RENO, Texas — The first time the earth shook their home, David and Meredith Hull thought it was a propane tank exploding outside, an odd but rare phenomenon, USA Today reports. Then it happened again. And again and again — more than 30 earthquakes since early November. One tremor tossed David Hull against the refrigerator and Meredith atop the stove. "It felt like something was under the house literally lifting it up and slamming it back down on its foundation," said David Hull, 60, a retired sheriff's deputy. "The whole house was shaking."

  • Sources: Ex-Chesapeake CEO near deal for Enduring Resources

    Published: Sat, May 10, 2014

    Former Chesapeake Energy Corp. CEO Aubrey McClendon is leading an investor group set to buy Enduring Resources LLC in a deal that could value the oil and natural gas producer at more than $2 billion, people familiar with the matter said on Friday, Reuters reported. McClendon, who was a major figure in the U.S. energy industry before being ousted from Chesapeake last year in the aftermath of a governance scandal and liquidity crisis, remains a prominent shale dealmaker who has amassed wells and leaseholds in the Utica. Denver, Colorado-headquartered Enduring Resources is partly owned by buyout firm EnCap Investments LP and has oil and gas producing operations in Utah and West Texas. The company has been working alongside Jefferies on its sale, the people said.

  • Head of Devon Energy's Canadian operations to step down

    Published: Sat, May 10, 2014

    The head of Devon Energy Corp.’s Canadian division is stepping down as the operation heads into its next phase following the sale of its conventional oil and gas assets in February, the Toronto Globe and Mail reports. Chris Seasons, who has been president of Devon Canada for the past decade, said he will leave the Oklahoma City-based company at the end of June. He will be replaced by Rob Dutton, who is now vice-president of capital projects.

  • Tulsa-based Williams closes Wyoming natural gas processing plant after explosion

    Published: Thu, Apr 24, 2014

    An explosion on Wednesday shut a natural gas-processing plant in Wyoming that can churn out about 2 percent of the daily U.S. gas supply, and a nearby town was evacuated though no injuries were reported, according to Reuters. The blast at the Williams Companies Inc plant in Opal, Wyoming, touched off a fire that was still burning several hours later, company spokeswoman Michele Swaner said.