Top Stories

  • Colombia investigating increases in earthquakes

    By Andrew Willis and Matthew Bristow, Bloomberg News | Published: Fri, Apr 18, 2014

    The seismic activity in a formerly stable region is occurring in the country’s oil-producing region.

  • Oil and gas prices for April 18

    Published: Fri, Apr 18, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $100.75 Oklahoma Sour: Sunoco Inc. — $88.75 Oklahoma oil and gas drilling activity posted April 1: COMPLETION Alfalfa: Chesapeake Operating Inc.; Citation 23-27-11 No. 1H Well; NW1/4 NE1/4 NE1/4 NW1/4 (SL) of 23-27N-11W; 265 barrels oil per day, 1,040,000 cu-ft gas per day; TD 10,062. Chesapeake Operating Inc.; McGeevy 15-25-12 No. 1H Well; S1/2 S1/2 SW1/4 SW1/4 (SL) of 15-25N-12W; 329 barrels oil per day, 2,274,000 cu-ft gas per day; TD 10,720. Chesapeake Operating Inc.; Packard 13-26-11 No. 1H Well; NE1/4 NE1/4 NW1/4 NW1/4 (SL) of 13-26N-11W; 182 barrels oil per day, 792,000

  • Oklahoma energy briefs, April 18

    Published: Thu, Apr 17, 2014

    Oklahoma energy briefs, April 18

  • Duke: Coal ash spill won't affect bottom line

    Updated: Thu, Apr 17, 2014

    CHARLOTTE, N.C. (AP) — Duke Energy told shareholders Thursday that cleanup costs resulting from its massive coal ash spill into the Dan River won't have a material effect on the $50 billion company's bottom line. The nation's largest electric company said in a regulatory filing with the U.S. Securities and Exchange Commission that it had spent $15 million so far on plugging the collapsed pipe at its Eden power plant that triggered a Feb. 2 spill and polluted 70 miles of the Dan River with toxic sludge. The company has also begun the process of trying to dredge some of the spilled ash from the river.

  • Business Highlights

    Updated: Thu, Apr 17, 2014

    ___ China factories face new challenge as growth slows HONG KONG (AP) — Chinese manufacturers are discovering that being an efficient low-cost producer is no longer enough to prosper in the face of the country's slowing growth. Government priorities are changing, labor costs are rising and global demand is still weak. This puts pressure on manufacturers to move into more advanced production, consolidate into bigger entities or shift to cheaper inland regions to survive. Growth in the world's second-largest economy eased to 7.4 percent last quarter, the lowest since a mini-downturn in late 2012, government figures showed Wednesday. Last year's expansion of 7.7 percent tied 2012 for the weakest since 1999.

  • Gasoline prices in Arizona at $3.46 per gallon

    Updated: Thu, Apr 17, 2014

    PHOENIX (AP) — Gasoline prices around Arizona are higher again at the pump this week. Officials with Triple-A Arizona said Thursday that the average statewide price for unleaded regular gasoline is $3.46 a gallon. That's up by nearly 4 cents from last week. This week's national average is at $3.65 per gallon, an increase of nearly a nickel from last week. Triple-A analysts say Arizona currently has the nation's ninth-lowest fuel average. Tucson has Arizona's lowest average gasoline price at $3.34 a gallon and Flagstaff has the highest at $3.59. Utah has the lowest average gas prices in the continental U.S. at $3.32 a gallon with California having the highest at $4.19 a gallon.

  • Minnesota Pipe Line seeks to expand capacity

    Updated: Thu, Apr 17, 2014

    MINNEAPOLIS (AP) — Minnesota Pipe Line Co. announced plans Thursday to nearly double the capacity of a crude oil pipeline that carries oil from Canada and North Dakota to the two refineries in the Twin Cities that produce most of Minnesota's and much of Wisconsin's transportation fuels. The company said it will ask the Public Utilities Commission to approve six new pumping stations and upgrades at two existing stations so that the newest of its four pipelines can carry 350,000 barrels per day from Clearbrook in northwestern Minnesota to the Flint Hills Refinery in Rosemount and the Northern Tier Refinery in St. Paul Park. The project will not require the construction of new pipelines or the acquisition of new right of way, it sai

  • Pickens teaming up with family-run Wyoming firm

    Updated: Thu, Apr 17, 2014

    CASPER, Wyo. (AP) — T. Boone Pickens is teaming up with a family-run Wyoming business hoping to become the largest maker of natural gas engines for drilling rigs. The Texas oil tycoon's energy hedge fund, BP Capital, is partnering with Casper-based Moser Energy Systems to create a new company — Mesa Natural Gas Solutions. Moser will continue making the engines and Pickens' fund will promote them. Pickens joined Moser executives in announcing the joint venture Wednesday at its new building in Evansville, the Casper Star-Tribune ( ) reported. Moser's engines convert raw natural gas from oil drilling sites into fuel for the engines, eliminating the need to haul diesel to remote sites that don't have elec

  • State recommends SW Florida oil drilling approval

    Updated: Thu, Apr 17, 2014

    NAPLES, Fla. (AP) — The state's Department of Environmental Protection has told a judge that it will not rescind a permit for a Texas company that wants to drill an exploratory oil well in southwest Florida. The agency decided against following the recommendation of an advisory committee charged with providing advice and ensuring compliance for drilling in the Big Cypress Swamp area. Assistant Deputy Counsel Jeffrey Brown wrote in an agency's court filing this week that the "committee's observations are generally beyond the department's purview in its consideration of the pending application." Local residents and environmental advocates challenged the permit issued in September to the Dan A. Hughes Co. of Beeville, Te

  • Retail gasoline prices up 6 cents across Texas

    Updated: Thu, Apr 17, 2014

    IRVING, Texas (AP) — Retail gasoline prices continue to creep upward as they've risen 6 cents this week across Texas. AAA Texas on Thursday reported the average price at the pump has reached $3.49 per gallon. Gasoline prices nationally rose by a nickel this week to hit an average of $3.66. Drivers in Dallas-Fort Worth are paying the most statewide for gasoline, at $3.57 per gallon. AAA Texas says motorists in El Paso are paying the least at $3.32. Refiners by May 1 must switch to producing a summer-blend gasoline. AAA Texas warns the switch, in addition to other factors, increase the chance of disruptions to production. This in turn could push retail prices further upward.

  • Pine Ridge man honored for solar energy projects

    Updated: Thu, Apr 17, 2014

    PIERRE, S.D. (AP) — The man behind a renewable energy company on the Pine Ridge Reservation in South Dakota will be one of ten White House honorees this week. Ten people on Thursday will be honored at a White House Solar Summit for their efforts to expand the production and use of solar energy. Henry Red Cloud is the owner and founder of Lakota Solar Enterprises. His company employs tribal members who manufacture and install solar heating systems for Native Americans. Red Cloud also runs a renewable energy center that provides green job training. The White House says his sustainable energy projects offer Native Americans "a new way to honor the old ways." President Barak Obama has encouraged the development of s

  • White House honors Utah nonprofit leader

    Updated: Thu, Apr 17, 2014

    SALT LAKE CITY (AP) — The White House is scheduled to honor a leader of a Utah nonprofit for her work promoting solar power. Kate Bowman is one of ten people nationwide to be recognized Thursday for directing solar-power projects in Utah neighborhoods and businesses. She is the solar project coordinator for Utah Clean Energy. The White House said in a statement that Bowman has helped Utah residents tackle logistical and financial issues to installing solar power panels. Last year, she coordinated a solar project in Summit County. Bowman first began working at Utah Clean Energy as an AmeriCorps member. The White House says that nationwide, more new solar installations went up last year than ever befor

  • Oil and gas, livestock prices for April 17

    Published: Thu, Apr 17, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $100.25 Oklahoma Sour: Sunoco Inc. — $88.25 Oklahoma oil and gas drilling activity posted March 31: COMPLETION Beckham: Linn Operating Inc.; Brady 30-11-25 No. 10H Well; SE1/4 SW1/4 SW1/4 SW1/4 (SL) of 30-11N-25W; 1,559,000 cu-ft gas per day, 36 barrels oil per day; TD 16,164. Linn Operating Inc.; Johnson 29-11-25 No. 10H Well; NW1/4 NE1/4 NW1/4 NW1/4 (SL) of 29-11N-25W; 313 barrels oil per day, 3,661,000 cu-ft gas per day; TD 16,255. Linn Operating Inc.; Linn Ranch 30-11-25 No. 12H Well; NE1/4 NE1/4 NW1/4 NE1/4 (SL) of 30-11N-25W; 263 barrels oil per day, 3,510,000 cu-ft gas

  • Keystone foes study how to be arrested if oil pipeline gets OK

    By Jim Snyder, Bloomberg News | Published: Thu, Apr 17, 2014

    Activists taught classes in the nation’s capital on civil disobedience, part of a last-ditch campaign against the Keystone XL pipeline, which critics view as a threat to the climate.

  • Freight train industry to miss safety deadline

    By JOAN LOWY, Associated Press | Published: Wed, Apr 16, 2014

    Only one-fifth of its track will have mandatory safety technology to prevent catastrophic collisions and derailments installed by the deadline set by Congress, the freight railroad industry said Wednesday.

  • ConocoPhillips donates $1 million to OSU's Spears School of Business

    By Adam Wilmoth, Energy Editor | Published: Wed, Apr 16, 2014

    The donation will help pay for the new home of OSU’s Spears School of Business.

  • SC could buy some alternative-fuel school buses

    Updated: Wed, Apr 16, 2014

    COLUMBIA, S.C. (AP) — A state budget proposal approved Wednesday would provide new buses that run on alternative fuel to South Carolina school districts willing to foot some of the bill, as part of efforts to get decades-old, polluting school buses off the road. The Senate Finance Committee approved the pilot program for up to three districts. The alternative-fuel buses are expected to cost roughly $10,000 more than the $82,000 average for regular-route buses. In South Carolina, the education agency buys, owns and maintains the statewide school bus fleet. The fleet of 5,500 buses is among the nation's oldest with 1,215 buses that are between 21 and 26 years old, according to officials. Sen.

  • NC governor proposes new coal ash plan after spill

    Updated: Wed, Apr 16, 2014

    RALEIGH, N.C. (AP) — North Carolina's governor says he will propose new legislation aimed at strengthening government oversight of coal ash dumps following the massive spill at a Duke Energy plant that coated 70 miles of the Dan River in toxic sludge. Gov. Pat McCrory said Wednesday that his plan would result in the "conversion or closure" of the dumps and close legal loopholes that allowed the nation's largest electricity company to avoid cleaning up groundwater contamination leaching from unlined ash pits at 14 coal-fired power plants across the state. But environmental groups quickly criticized the governor's plan, which would not require Duke to move its leaky coal ash dumps away from rivers and lakes.

  • Lawmakers outline concerns for gas negotiations

    Updated: Wed, Apr 16, 2014

    JUNEAU, Alaska (AP) — House Resources Committee members have signed onto a letter, outlining issues they want Gov. Sean Parnell's administration to keep in mind in negotiating gas project contracts. This assumes passage of SB138, which would set state participation in a liquefied natural gas project. House Finance is now considering that bill. The issues detailed in the non-binding letter were raised as Resources debated the bill but not considered ripe for inclusion as amendments. The Resources members, among other things, expressed a desire to ensure oil tax changes or terms are not negotiated or included in project-enabling contracts. They also want to ensure the state can bring in additional partners, if that's in

  • Sinclair Refinery faces $201,000 fine by OSHA

    Updated: Wed, Apr 16, 2014

    CHEYENNE, Wyo. (AP) — State safety regulators are proposing a $201,000 fine against Sinclair Oil Corp. for violations stemming from a fire last September at the company's refinery in south-central Wyoming. No one was hurt in the fire, but the Wyoming Occupational Safety and Health Administration announced Wednesday that it found seven violations as a result of its investigation into the fire. The agency says in two of the violations it determined the company either purposefully disregarded safety regulations or acted with indifference to employee safety. The refinery has had problems with fires and safety issues in recent years. In 2012, there were three fires at the plant. Last year, OSHA announced more than $700,000