Big Energy Companies at Forefront of State Emissions Rebates

Big energy companies at forefront of state emissions rebates

Some of the state’s largest energy companies are at the front of the line for a $50 million state incentive to upgrade oil and gas equipment. The fund to limit methane emissions established under a Biden administration rule is now under review by the Trump administration.

Oklahoma Opens $50M Fund to Cut Methane Emissions

Oklahoma’s largest oil and gas operators are lining up to claim a new $50 million state fund created to cut methane emissions from legacy infrastructure. What began as a quiet rebate program tucked into a 2022 law has quickly become a battleground between corporate giants, state regulators, and federal oversight. Continental Resources, ONEOK, Devon Energy, and several other major producers have already submitted applications to the Oklahoma Depa…