Monthly Archive: March 2016

Oil Futures Up on News of April OPEC Meeting, U.S. Output Decline

Oil futures edged higher on Thursday, with prices ending the month of March nearly 14% higher, their best monthly performance in almost a year.
West Texas Intermediate crude oil for May tacked on 2 cents to settle at $38.34 a barrel on the New York Me…

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Permits to Drill April 1, 2016

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New Environmental Group Forming in Oklahoma to Fight Fracking and Earthquakes

An environmental activist group formed in Nebraska in the fight against the Keystone XL pipeline is expanding its operation to include chapters in Oklahoma and Louisiana. The group plans to target fracking and earthquakes in Oklahoma.
The Bold Allianc…

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Westar Energy Customers to Get Millions in Return

Customers of Westar Energy in Kansas will get millions of dollars returned to them following action by the Federal Energy Regulatory Commission. The agency okayed a settlement between Westar and the Kansas Corporation Commission lowering the return on…

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FERC Offers Preliminary Approval of Expanded LNG Export Site in South Texas

A proposed $10 billion LNG Export Project by Houston-based Golden Pass Products and Golden Pass Pipeline and shareholders Exxon Mobil Corp. and Qatar Petroleum International earned early approval of sorts from the Federal Energy Regulatory Commission.

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PostRock Energy Suggests Sale of the Company—-Late with SEC Filing

Based on its losses and the language in its latest filing with the Securities and Exchange Commission, it might not be a surprise to see Oklahoma City-based PostRock Energy either suggest a filing for bankruptcy, a massive financial restructuring…

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PostRock Energy Suggests Sale of the Company—-Late with SEC Filing

Based on its losses and the language in its latest filing with the Securities and Exchange Commission, it might not be a surprise to see Oklahoma City-based PostRock Energy either suggest a filing for bankruptcy, a massive financial restructuring or a …

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Bankruptcy Being Considered by Tulsa’s Midstates Petroleum

Tulsa-based Midstates Petroleum is yet another Oklahoma energy company that confirms it too might be forced into bankruptcy because of the energy downturn.
In a filing with the Securities and Exchange Commission, the firm explained, that like Chaparra…

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May Hearing Set on Solar Power in OGE Rate Case

Oklahoma Corporation Commissioners plan a hearing and possible final decision May 3 on the $92.5 million rate hike request made by Oklahoma Gas and Electric that includes a plan for a new billing structure applying to customers who have rooftop s…

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May Hearing Set on Solar Power in OGE Rate Case

Oklahoma Corporation Commissioners plan a hearing and possible final decision May 3 on the $92.5 million rate hike request made by Oklahoma Gas and Electric that includes a plan for a new billing structure applying to customers who have rooftop solar o…

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