Saturday , April 20 2024

Chesapeake Energy and Southwestern prepare for special shareholders meetings to vote on proposed merger

  Chesapeake Energy has filed a proxy statement indicating it plans a special shareholders meeting to seek approval of its proposed $7.4 billion merger with Houston-based Southwestern Energy. But the filing with the SEC did not declare a date or time for the meeting as it apparently is undecided because …

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Farm supporters fight proposed solar project near Lawrence, Kansas

    Evergy’s plan for a 600-acre solar farm near Lawrence, Kansas has generated opposition by residents who believe it will remove valuable farmland from agricultural production. It even drew the attention of noted land artist Stan Herd who created an earthwork installation that reads: “Save Prime Farmland. Relocate Utility …

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Inflation worries send crude prices downward

  Crude oil prices finished down on Thursday—so did most Oklahoma energy stocks. And for the first time in weeks, world oil prices dropped below $90 a barrel. Inflation predictions played a role in things as analysts believe it will not bring lower U.S. interest rates. Plus, there’s the matter …

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OGE contends it was a “victim” of winter storm market manipulation

  A day after the Oklahoma Attorney General sued two natural gas suppliers and accused them of illegally hiking natural gas prices during the 2021 winter storm, a spokesman for Oklahoma Gas and Electric defended his utility and said it was a “victim” of the alleged market manipulation. Bill Hume, …

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One survey suggests Oklahoma is among the top 10 least environmentally friendly states

  A report by the personal-finance website WalletHub contends Oklahoma ranks 41st on a list of 2024’s Greenest States. WalletHub compared the 50 states in terms of 25 key metrics that speak to the current health of the environment and residents’ environmental-friendliness. The data set ranges from green buildings per …

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Oklahoma regulators push for more legal action to recover 2021 winter storm costs

  At least two of Oklahoma’s three Corporation Commissioners hope the state attorney general’s lawsuits filed against energy suppliers accused of market manipulation during the 2021 winter storm lead to more legal actions to help ratepayers. “I am thankful the AG says he “will pursue additional litigation against other … …

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Meetings scheduled for update of Oklahoma Water Plan

The Oklahoma Water Resources Board announced the third in a series of stakeholder input meetings, at locations across the state, focused on the 2025 update of Oklahoma’s Comprehensive Water Plan (OCWP). While anyone may attend, we request participation from local officials, water utility suppliers, regulated industry, commercial agricultural producers, economic …

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Arkansas legislators wrestle with complaints of crypto mining activities

    Arkansas legislators who are worried about the noise and demand for electricity in cyrpto mining launched a series of bills this week to focus on their concerns. The bills came as a result of complaints from rural Arkansas communities faced with the loud noise, high water and electricity …

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Commissioners react to Attorney General’s lawsuits

  Corporation Commissioner Kim David appears to be taking some of the credit for the investigation that led to State Attorney General Gentner Drummond’s lawsuits accusing two energy firms of market manipulation during the 2021 Winter Storm Uri. “Shortly after joining the Corporation Commission, I formally asked Attorney General Gentner …

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