McClendon Estate in Legal Fight with Trust

will

With nearly $500 million in debts, the estate of the late Oklahoma City energy mogul Aubrey McClendon is the focus of a legal move before the Oklahoma State Supreme.

The Wilmington Trust wants oversight of the estate transactions and has gone to the supreme court for help, according to the Journal Record. In …

Continue reading »

VW Settlement Won’t Affect Oklahoma Lawsuit in Emissions Scandal

VW

 

 

 

The settlement in the U.S.  of the emissions scandal surrounding Volkswagen apparently won’t affect the lawsuit filed against the company by the state of Oklahoma. VW reached a settlement with 44 other states and federal agencies but not with Oklahoma.

“The VW Group reached several settlements yesterday, but none will have …

Continue reading »

Illinois River Cleaned up as Scenic Rivers Commission No Longer Exists

edfite

Compared to years ago, the Illinois River in eastern Oklahoma is cleaner these days, thanks to the work of Ed Fite and the Oklahoma Scenic Rivers Commission. As of Friday, the Commission will no longer exist and Fite will instead become an employee of the Grand River Dam Authority.

Ron Hays at the Oklahoma …

Continue reading »

Incentive Evaluation Commission Targets $26 Million Energy Tax Credit

Oklahoma’s Incentive Evaluation Commission met on Wednesday afternoon to set its evaluation schedule, with several energy-related tax credits identified for review over the course of four years.

The Commission is expected to review at least 11 incentives this year and recommend whether each should be replaced, repealed or reformed before the start of …

Continue reading »

Interim Rate Hike of $69.5 Million Implemented by OGE on Friday

OGE Energy Corp. will implement a $69.5 million interim rate increase as it awaits a decision from state regulators in its pending rate case, according to a news report published late Wednesday by The Oklahoman. The increase is effective Friday.

The move comes over six months after the company filed for a $92.5 million …

Continue reading »

Oakland Says Not in Our Backyard to Coal Shipments

nocoalOakland

Things just became more challenging for Utah coal companies planning to ship their coal of Oakland, California’s shipping terminals and send it to Asia.

The Oakland City Council voted unanimously this week to kill a plan to use a proposed marine terminal for coal shipments, calling them public health and safety hazards. Environmental …

Continue reading »

Tesoro Picks up Another Refinery in North Dakota

Tesoro

Texas-based Tesoro Corporation picks up another oil refinery, this time in southwestern North Dakota.

Headquartered in San Antonio and with more than 6,000 employees, the company acquired the refinery in Dickinson.

The operation started selling fuel last year but lost more than $7 million in the first three months of the year. It was …

Continue reading »

Brace for More I-35 Traffic Slowdowns in southern Oklahoma

I35traffictieup

It’s an announcement that oil and gas haulers on I-35 didn’t want to hear.  But traffic tie-ups will be a daily occurrence on the interstate in southern Oklahoma, according to the Department of Transportation.

I-35 will be narrowed to one lane in each direction at Ruppe Rd. (mile marker 60) between Davis and …

Continue reading »

Tulsa Oilman Fails in Bid to Unseat Congressman Bridenstine

tomatkinson

 

While some political observers speculated that Oklahoma oilman Tom Atkinson might be able to pull off an upset of U.S. Rep. Jim Bridenstine in Tuesday’s primary elections, it did not happen.

Instead, Bridenstine easily defeated Atkinson and Eveylyn L. Rogers and was automatically re-elected to a third term because there is no …

Continue reading »

ETE Backs Out of Messy Merger With Williams Companies

EnergyTransfer

The proposed merger between Williams Cos. and Energy Transfer Equity won’t happen.

The announcement came shortly after midnight and on the last day that Energy Transfer Equity of Dallas had under an agreement to merge with Tulsa-based Williams Cos…..it’s backed out!

ETE explained it had the right to terminate the merger because of …

Continue reading »

Older posts «