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Energy leaders agree to cap Oklahoma tax rebate program

OKLAHOMA CITY (AP) — A tax rebate for oil and natural gas wells projected to cost Oklahoma $133 million in the upcoming fiscal year would be capped at $25 million per year under a bill that’s been agreed to by some of the state’s top energy industry leaders. The Oklahoma Independent Petroleum Association announced Thursday its governing board agreed to ...

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Top Eagle Ford news stories: May 6-13

Eagle Ford news

Recap the top Eagle Ford news stories that graced our pages this week. Layoffs and legal struggles earned the top two spots in this week’s list. 5. Colorado bracing to repay millions in energy taxes DENVER (AP) — Colorado will have to cough up hundreds of millions in tax refunds to energy companies over the next couple years. And state ...

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Texas lawmakers champion local control, to a point

DALLAS (AP) — Texas leaders have sued the federal government dozens of times, costing millions of dollars, for what they contend are policies that infringe on local control and states’ rights. But when cities across Texas have attempted to pass laws on issues from fracking bans to regulating ride-hailing companies, state lawmakers time and again have moved to quash those ...

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Top Eagle Ford news stories: April 29 – May 6

rig count, oil natural gas

Here’s a recap on the top Eagle Ford news stories from the past week. Energy producers continue to struggle with depressed oil prices and two oil majors abandoned plans for a merger as opposition from regulators mounted. 5. Exxon sees smallest profit in 16 years, Chevron posts loss DALLAS (AP) — Motorists are saving billions on cheaper gasoline, but the ...

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