• Federal judge allows part of case against Kingfisher wind farm to proceed

    By Paul Monies, Business Writer | Updated: Wed, Jan 28, 2015

    A federal judge said a group of landowners upset about a wind farm planned in Kingfisher and Canadian counties could continue their nuisance lawsuit against Apex Clean Energy.

  • Hawaii energy executives tell lawmakers plans for takeover

    Updated: Wed, Jan 28, 2015

    HONOLULU (AP) — An official at NextEra Energy told Hawaii lawmakers that his company does not plan to lay off staff if it acquires Hawaiian Electric. "There are no plans for any levels of reduction after two years," said NextEra Energy Hawaii's president Eric Gleason. "We are simply assuring employees that there will be no reductions in two years." Gleason and Hawaiian Electric CEO Alan Oshima spoke to a joint panel of House and Senate lawmakers Wednesday. They explained that if their proposed merger is approved, Hawaiian Electric would become part of NextEra, and it would retain the Hawaiian Electric name. Hawaiian Electric would be managed locally, although its president would report to NextEra, Gleason said.

  • Pipeline not state-inspected before 3M-gallon saltwater leak

    Updated: Wed, Jan 28, 2015

    A pipeline that ruptured recently in North Dakota and spilled nearly 3 million gallons of saltwater produced during oil drilling wasn't inspected by the state before being installed, according to state regulators. Alison Ritter, a spokeswoman for the North Dakota Industrial Commission, which oversees the state's oil and gas industry, said Wednesday that it's common for officials not to inspect such small gathering pipelines before they become operational. North Dakota has struggled to find qualified installation inspectors because candidates are often drawn to lucrative jobs in the oil industry, Ritter said.

  • Legislative panel hears testimony on environmental spending

    Updated: Wed, Jan 28, 2015

    ALBANY, N.Y. (AP) — Cleaning up polluted land for redevelopment, improving access to public lands and increasing resiliency to extreme weather are among the Department of Environmental Conservation's priorities in the coming fiscal year, Commissioner Joe Martens told Senate and Assembly fiscal committees at a budget hearing Wednesday. Notably absent from the agency's agenda was fracking, which has drawn sign-waving crowds of opponents and advocates to environmental budget hearings in the last few years. Several lawmakers praised Martens for the decision last month to ban shale gas development using high-volume hydraulic fracturing, or fracking.

  • Oil and gas, livestock prices for Jan. 29

    Published: Wed, Jan 28, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $41 Oklahoma Sour: Sunoco Inc. — $29 Oklahoma oil and gas drilling activity posted Jan 14: COMPLETION Beckham: Enervest Operating LLC; Prairie Wind No. 2-27HC Well; NE1/4 NE1/4 NE1/4 NE1/4 (SL) of 27-11N-26W; TD 15,335. Carter: Avalon Exploration Inc.; London Company No. 1-18 Well; C NE1/4 NW1/4 SE1/4 (SL) of 18-04S-01W; 40 barrels oil per day 52,000 cu-ft gas per day; TD 8,850. Citation Oil & Gas Corp.; Wildcat Jim Unit No. 253 Well; NW1/4 NE1/4 SE1/4 SW1/4 of 08-02S-02W; 15 barrels oil per day; TD 3,250. Creek: Mid-Con Energy Operating LLC; Miller No.

  • Montana oil spill cleanup to slow as river gets dangerous

    Updated: Wed, Jan 28, 2015

    BILLINGS, Mont. (AP) — The struggle to recover 30,000 gallons of oil from a pipeline spill into Montana's Yellowstone River is expected to grind to a near-halt in coming days as warmer weather makes ice on the river increasingly dangerous, state regulators and a company spokesman said Wednesday. Because of brittle ice, crews trying to recover oil trapped beneath the Yellowstone could be pulled off the river as early as Thursday, said Bonnie Lovelace with the Montana Department of Environmental Quality. Monitoring of the river would continue, and any oil that washes up along the riverbank still could be cleaned up, said Bill Salvin, spokesman for pipeline owner Bridger Pipeline LLC of Wyoming.

  • Plan to allow Shell oil drilling fleet in Seattle draws ire

    Updated: Wed, Jan 28, 2015

    SEATTLE (AP) — A plan to allow Royal Dutch Shell PLC to use Seattle's waterfront as a homeport for its Arctic drilling fleet is drawing opposition from environmental groups that say it's not consistent with the region's environmental goals. Several state and national groups, and local city leaders on Wednesday urged the Port of Seattle to halt lease negotiations that would allow Shell to use 50 acres of port property across from downtown Seattle. Shell could house about two dozen vessels, including exploration drill rigs, ice breakers, tugs and barges at the site in the winter when they're not exploring for oil off Alaska's coast. Port commissioners this month approved moving forward with a short-term lease with Foss

  • FACT CHECK: Both sides in Keystone XL debate bend facts

    Updated: Wed, Jan 28, 2015

    WASHINGTON (AP) — Supporters of the Keystone XL pipeline, which would run from Canada to the Gulf, say the privately funded, $8 billion project is a critically needed piece of infrastructure that will create thousands of jobs and make the U.S. dependent on oil from friends, rather than foes. Critics claim it will disastrously increase the pollution blamed for global warming and put communities along its 1,179-mile route at risk for a damaging spill, all for oil and products that will be exported anyway. Which is it? As pipeline supporter Sen. Joe Manchin, D-W.Va., puts it: "You're entitled to your own opinion, you're just not entitled to your own facts.

  • AP NewsBreak: Wolf to restore ban on new gas drilling leases

    Updated: Wed, Jan 28, 2015

    HARRISBURG, Pa. (AP) — Gov. Tom Wolf plans to sign an executive order ending a short-lived effort by his predecessor to expand the extraction of natural gas from rock buried deep below Pennsylvania's state parks and forests, his office said Wednesday. Following through on a campaign pledge, Wolf will sign the order restoring a moratorium on new drilling leases involving public lands on Thursday at Benjamin Rush State Park in northeast Philadelphia. It will supersede an order that Republican Gov. Tom Corbett signed in May and reinstate the ban that former Gov. Ed Rendell, a Democrat, instituted in 2010. Environmentalists praised the action, saying it reflects the new Democratic governor's support for strong environment

  • Demand for airplanes lifts Boeing's 4Q profit

    Updated: Wed, Jan 28, 2015

    DALLAS (AP) — Boeing Co.'s fourth-quarter profit rose 19 percent as demand for commercial airliners trumped weakness in its defense business. Investors looked past a muted outlook for 2015 earnings and sent the shares to a 52-week high on Wednesday. Chicago-based Boeing and European rival Airbus have prospered as airlines around the world have gone on a shopping spree, helped by rising demand for travel and cheap financing. Boeing has an 8-year order backlog for nearly 5,800 planes valued at $440 billion. The recent plunge in oil and jet fuel prices has narrowed the advantage that airlines get from buying new, more fuel-efficient planes. In December, Air France-KLM said that lower fuel prices were a factor in delaying

  • Stocks fade late as oil dips, Fed gives investors pause

    Updated: Wed, Jan 28, 2015

    Investors struggled to figure out a barrage of signals from the Federal Reserve, oil markets and Corporate America Wednesday, and stocks fell sharply for second straight day. The Federal Reserve bank issued its first policy statement of the year, making clear that it would remain "patient" in raising interest rates from near zero, which was expected. But it also strengthened its assessment of the U.S. economy, noting it is expanding at a solid pace and generating strong job growth. That's good news for Main Street and Corporate America, but signals that the Fed is moving closer to raising rates, even if it's not contemplating an imminent hike. When interest rates remain low they tend to make stocks more attractive by comparis

  • EPA reaches tentative settlement with mines over park haze

    Updated: Wed, Jan 28, 2015

    MINNEAPOLIS (AP) — The Environmental Protection Agency has reached a tentative settlement with four iron mines in Minnesota and Michigan that's aimed at reducing atmospheric haze over pristine areas including Voyageurs and Isle Royale national parks and the Boundary Waters Canoe Area. The settlement, announced this week by U.S. Rep. Rick Nolan, who represents northeastern Minnesota's Iron Range, applies to processing plants at the United Taconite, Hibbing Taconite and Minorca mines in Minnesota, and the Tilden mine in Michigan's Upper Peninsula. Nolan said the settlement would improve air quality while protecting jobs by giving the mining companies time to develop and install new equipment.

  • Oil and gas, livestock prices for Jan. 28

    Published: Wed, Jan 28, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $42.75 Oklahoma Sour: Sunoco Inc. — $30.75 Oklahoma oil and gas drilling activity posted Jan 13: COMPLETION Alfalfa: Sandridge Exploration & Production LLC; Ellis Talley North Place 2811 No. 4-11H Well; NE1/4 SE1/4 SW1/4 SE1/4 (SL) of 11-28N-11W; 107.77 barrels oil per day 615,000 cu-ft gas per day; TD 9,830. Sandridge Exploration & Production LLC; Elmer 2312 No. 2-4H Well; SW1/4 SW1/4 SE1/4 SE1/4 (SL) of 04-23N-12W; 189 barrels oil per day 1,166,000 cu-ft gas per day; TD 11,064. Sandridge Exploration & Production LLC; Grunewald 2710 No.

  • Oklahoma gasoline prices may be heading back up

    By Adam Wilmoth, Energy Editor | Published: Wed, Jan 28, 2015

    After tumbling for more than four months, the price of gasoline has risen slightly over the past few days in Oklahoma.

  • Shareholder tells Oklahoma-based SemGroup to sell

    By Jay F. Marks, Business Writer | Published: Tue, Jan 27, 2015

    An asset management company that owns stock in Tulsa-based SemGroup Corp. wants the company to consider putting itself up for sale.

  • Oil and gas, livestock prices for Jan. 27

    Published: Tue, Jan 27, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $41.50 Oklahoma Sour: Sunoco Inc. — $29.50 Oklahoma oil and gas drilling activity posted Jan 12: COMPLETION Alfalfa: Sandridge Exploration & Production LLC; Ann 2610 No. 3-29H Well; SW1/4 SW1/4 SE1/4 SW1/4 (SL) of 20-26N-10W; 253 barrels oil per day, 1,351,000 cu-ft gas per day; TD 10,869. Garfield: Sandridge Exploration & Production LLC; Ava Rose 2305 No. 1-16H Well; SE1/4 SE1/4 SW1/4 SW1/4 (SL) of 16-23N-05W; 36 barrels oil per day, 2,141,000 cu-ft gas per day; TD 10,745. Garvin: Ranken Energy Corp.; Anna Belle No.

  • Technology briefs for Jan. 27

    Published: Tue, Jan 27, 2015

    Technology briefs for Jan. 27, 2015

  • Several Oklahoma bills target local drilling bans

    By Paul Monies, Business Writer | Updated: Mon, Jan 26, 2015

    At least eight bills have been filed at the Oklahoma Legislature that would stop cities from enacting bans on drilling or related oil and gas development. The Oklahoma Municipal League is monitoring the bills, but said they prefer to leave the decisions on development to local authorities.

  • American Energy hires former Chesapeake exec Jennifer Grigsby

    By Jay F. Marks, Business Writer | Published: Mon, Jan 26, 2015

    Former Chesapeake Energy Corp. executive Jennifer M. Grigsby has been hired as chief financial officer of American Energy-Woodford LLC and American Energy-Mineral Holdings LLC.

  • Futures File: Cheaper commodities prices put money in consumers' pockets

    Published: Sun, Jan 25, 2015

    Walt and Alex Breitinger: Falling commodities prices, foreign currency values, and interest rates combined to make life less expensive for Americans this week.




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