• Leading Ukraine politician says billionaire inciting unrest

    Updated: 13 hr ago

    KIEV, Ukraine (AP) — A leading politician in Ukraine published documents Friday that he says show the country's richest man is plotting to incite unrest to ensure the government steers clear of reforms that would hurt his business. Parliament deputy Mustafa Nayyem, a respected former reporter, wrote in an article on the Ukrainska Pravda website that protest marches this week by miners had been coordinated by an energy company owned by billionaire Rinat Akhmetov. Hundreds of miners have gathered outside government buildings in the capital over recent days in calls for the resignation of the energy minister and for guarantees on a moratorium on mine closures. Demonstrators have also demanded that the government suspend

  • Pipeline survey approved in part of national forest in W.Va.

    Updated: 19 hr ago

    CHARLESTON, W.Va. (AP) — The U.S. Forest Service has approved a permit to survey part of the Monongahela National Forest in West Virginia for a proposed natural gas pipeline. The temporary permit for the survey involves 17 miles of forest through Randolph and Pocahontas counties. The Charleston Gazette (http://bit.ly/1DES8Ez) reports the yearlong survey will include studies of plants and animals, wetlands, water, soil and cultural resources. Dominion Resources Inc. and its partners in the 550-mile Atlantic Coast Pipeline are proposing to deliver natural gas from Pennsylvania, Ohio and West Virginia to the Southeast. The pipeline would run from West Virginia to North Carolina, with much of its path through Virginia.

  • Smithsonian series chronicles lives of oil patch residents

    Updated: 20 hr ago

    A documentary on the Smithsonian Channel will chronicle the lives of residents and workers in the North Dakota and Montana oil patch. "Boomtowners" will start airing Sunday. The six-episode series is the latest television project aimed at capturing the complexities of life in the Bakken shale region. The area has attracted thousands of workers from around the country and their families as they seek high-paying jobs in the oil fields. The documentary focuses on several people including a judge whose caseload has soared, a Phoenix-native trucker who hauls oil across the region, and an oil field worker who's a street preacher on his days off. David Royle with the Smithsonian Channel says the oil boom is a "matter of great

  • Plugging In business briefs for April 24

    Published: Fri, Apr 24, 2015

    Plugging In business briefs for April 24, 2015

  • Oil and gas prices for April 24

    Published: Fri, Apr 24, 2015

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $54.25 Oklahoma Sour: Sunoco Inc. — $42.25 Oklahoma oil and gas drilling activity posted April 9: COMPLETION Coal: Pablo Energy II LLC; Caitlin No. 6H-30 Well; NE1/4 NW1/4 NE1/4 NW1/4 (SL) of 30-01N-10E; 2,426,000 cu-ft gas per day 18 barrels oil per day: TD 12,148. Pablo Energy II LLC; Caitlin No. 7H-30 Well; NE1/4 NW1/4 NE1/4 NW1/4 (SL) of 30-01N-10E; 2,500,000 cu-ft gas per day 13 barrels oil per day: TD 12,000. Pablo Energy II LLC; Morris No. 3H-19 Well; NE1/4 NE1/4 NW1/4 NE1/4 (BHL) of 19-01N-10E; 3,697,000 cu-ft gas per day 86 barrels oil per day: TD 12,462. Pablo

  • China, Japan stocks fall on data, Nasdaq boosts some markets

    Updated: 22 hr ago

    BEIJING (AP) — Chinese and Japanese stocks fell Friday on weaker global manufacturing data while other Asian benchmarks rose after the U.S. Nasdaq index hit a new high. KEEPING SCORE: Tokyo's Nikkei 225 fell 0.7 percent to 20,050.99 points and the Shanghai Composite Index lost 0.6 percent to 4,390.40. Sydney's S&P/ASX 200 rose 1.2 percent to 5,917.70, Hong Kong's Hang Seng gained 0.4 percent to 27,935.92 and Seoul's Kospi added 0.2 percent to 2,178.13. Singapore, Jakarta and New Zealand also advanced. MANUFACTURING WEAKNESS: A survey by HSBC Corp. found China's manufacturing activity weakened this month to its lowest level in a year in a new sign of economic weakness. A survey of Eurozone manufacturers by Markit Economics f

  • Lower energy prices slow manufacturing in Oklahoma, region

    BY DON MECOY, Business Editor | Updated: 23 hr ago

    The Federal Reserve’s manufacturing survey showed manufacturing activity in Oklahoma and the region slowed to its lowest level since 2009.

  • Wide area of Oklahoma included in update to risks from induced earthquakes

    By Paul Monies, Business Writer | Updated: 23 hr ago

    Scientists at the U.S. Geological Survey are working on how to forecast earthquakes in areas that have shown an increase in seismicity linked to induced activity. The agency released a report Thursday identifying 17 areas in eight states that would come under consideration for inclusion in the nation’s seismic hazard maps.

  • US announces plans to reduce agricultural carbon emissions

    Yesterday

    DETROIT (AP) — Federal agricultural officials announced Thursday voluntary programs and initiatives for farmers, ranchers and foresters meant to build on President Barack Obama's efforts to combat global warming — and they don't require congressional approval. Agriculture Secretary Tom Vilsack unveiled the plans at Michigan State University, where Obama signed the sweeping farm bill into law last year. The efforts, many of which have their roots in that law, aim to reduce net greenhouse gas emissions, boost carbon capture and storage and come with various enticements, including grants, low-interest loans and technical assistance. Vilsack said the agriculture industry accounts for about 9 percent of U.S.

  • ND Senate amends proposed oil tax rewrite bill

    Yesterday

    BISMARCK, N.D. (AP) — North Dakota's oil industry may soon start enjoying the benefits of a big tax cut that could decrease state revenues by millions monthly unless oil prices suddenly rebound. That prospect has sent lawmakers scrambling in the waning days of the legislative session to consider a new oil tax framework. North Dakota's Senate on Thursday approved a measure 32-15 after a three-hour floor fight that shaves the state's oil tax rate from 11.5 percent to 10 percent while abolishing an incentive for drillers that normally would take effect if crude prices continue to decline.

  • Oil company CEOs see continued low oil prices

    By Adam Wilmoth, Energy Editor | Published: Thu, Apr 23, 2015

    The price of oil has regained some ground over the past two weeks, but it is still far from clear where prices will be either in six months or in two years.

  • Fee increase for natural gas, oil wells gets broad support

    Yesterday

    CARSON CITY, Nev. (AP) — Conservation and business groups are supporting a Nevada bill that would increase registration fees on natural gas and oil wells. Nevada Division of Minerals chief Richard Perry presented SB44 to the Assembly Natural Resources Committee on Thursday. The measure passed unanimously out of the Senate earlier in April. Perry said the bill would repeal the state's flat $200 permit fee on oil and gas wells and would instead set a sliding scale for wells based on depth, location and whether the well uses wastewater injections or fracking. Perry said the bill was needed because the $200 fee hardly covered a quarter of regulatory costs. Numerous conservation and drilling groups testified in favor

  • Oklahoma House's top Democrat decries loss of local control

    Yesterday

    OKLAHOMA CITY (AP) — Democrats in the Republican-dominated Oklahoma House are disappointed by passage of a GOP-backed bill that prohibits cities and towns from regulating oil and natural gas drilling operations, the chamber's top Democrat said Thursday. Del City Democrat Scott Inman said passage of the legislation represents a shift away from local control and the protection of property owners' rights toward a centralized control of regulations regarding drilling operations by the statewide Oklahoma Corporation Commission. "We think what's been done is a disservice to the people of Oklahoma," Inman said. The House passed the bill 64-32 Wednesday largely along party lines.

  • Scientists convinced of tie between earthquakes and drilling

    Yesterday

    LOS ANGELES (AP) — With the evidence coming in from one study after another, scientists are now more certain than ever that oil and gas drilling is causing hundreds upon hundreds of earthquakes across the U.S. So far, the quakes have been mostly small and have done little damage beyond cracking plaster, toppling bricks and rattling nerves. But seismologists warn that the shaking can dramatically increase the chances of bigger, more dangerous quakes. Up to now, the oil and gas industry has generally argued that any such link requires further study. But the rapidly mounting evidence could bring heavier regulation down on drillers and make it more difficult for them to get projects approved.

  • APNewsBreak: Revel, utility ACR agree on 2-week power deal

    Yesterday

    ATLANTIC CITY, N.J. (AP) — The new owner of the former Revel casino and the utility company that shut off service to it have reached agreement on repowering the building for two weeks. The agreement to allow fire detection and suppression systems to resume operating was reached Tuesday during a hearing between Glenn Straub and ACR Energy Partners. Straub will pay $262,500 for 2 megawatts of service to the building over two weeks. "I determine that there is an agreement, that the terms of it have been spelled out in detail on the record and accepted," Judge Jerome Simandle said at the hearing, according to a transcript obtained by The Associated Press.

  • Fortune ranks Williams Cos. as No. 1 most admired U.S. energy company

    FROM TULSA WORLD STAFF REPORTS | Published: Thu, Apr 23, 2015

    Fortune magazine has ranked Tulsa-based Williams Cos. Inc. as the Most Admired Company among U.S. energy companies in 2015. "This award validates the strong commitment of our employees to focus on doing the right thing and propelling the company forward,” said Williams' CEO Alan Armstrong, in a written statement. “In the last four years, Williams has made great strides executing on our natural gas-focused business strategy, creating value for shareholders and building relationships in the communities where our employees live and work.” Companies considered for the Fortune lists were ranked on nine key attributes of reputation including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services and global competitiveness. Read the rest of this story at TulsaWorld.com.

  • National report confirms that Oklahoma is at greater risk of earthquakes

    BY MICHAEL OVERALL, Tulsa World | Published: Thu, Apr 23, 2015

    Oklahoma features prominently in a new report on the risk of manmade earthquakes, with parts of the state shaking more often than quake-prone California, according to the U.S. Geological Survey. Scientists have identified 17 areas across eight sates with increased rates of "induced seismicity," or earthquakes triggered by human activity. But no area has seen the risk increase as much as central Oklahoma, according to Thursday's report. Seismic activity is 600 times greater now than before 2008. People who live in central Oklahoma didn't need a report from the federal government to tell them that the ground has been trembling more often, but this new risk assessment from the U.S Geological Survey could have a significant impact on the area. Read the rest of this story at TulsaWorld.com.

  • Correction: Oil Leak-Arkansas story

    Yesterday

    LITTLE ROCK, Ark. (AP) — In a story April 22 about a settlement involving an Arkansas oil spill, The Associated Press misspelled the last name of an Exxon Mobil Corp. spokesman. His name is Christian Flathman, not Christian Flatham. The AP also erroneously reported that the estimated amount of spilled oil was reduced as part of the settlement. That estimate was reduced before the settlement was reached. A corrected version of the story is below: Exxon Mobil firms to pay nearly $5M for Arkansas oil spill Justice Department says Exxon Mobil subsidiaries to pay nearly $5M for 2013 Arkansas oil spill By CLAUDIA LAUER Associated Press LITTLE ROCK, Ark.

  • Feds move to speed approval for Great Plains wind projects

    Yesterday

    BILLINGS, Mont. (AP) — Federal officials are moving to speed up their review of wind power projects across the Upper Great Plains in anticipation that the industry will continue growing, a situation that's alarmed wildlife advocates who say many bird and bat species are being put at risk as wind turbines proliferate. The proposal would cover future wind farms in Montana, Iowa, Minnesota, Nebraska, North Dakota and South Dakota. Companies to date have installed roughly 8,000 turbines generating more than 12,000 megawatts of wind energy in the six states. That's almost one-fifth of the wind power in the U.S. and represents enough energy to power the equivalent of almost 3.3 million homes, according to the American Wind Energy

  • US judge: Riverbed property rights next in Alcoa dams fight

    Yesterday

    RALEIGH, N.C. (AP) — A federal judge ruled this week that boats could not navigate North Carolina's second-largest river system at the time of American independence, a decision that helps Alcoa Inc. as it tries to prove it owns the riverbed on which some valuable hydroelectric dams were built. Judge Terrence W. Boyle said late Wednesday that the 40-mile section of the Yadkin River where Alcoa Inc. operates four hydropower dams was not navigable at the time the United States was born. States took control of their navigable rivers when they joined the union, so Boyle's ruling is a setback to North Carolina proving it still owns the riverbed. Boyle opened a nonjury trial on Tuesday to hear a 2013 state lawsuit challenging whet




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