The head of the International Energy Agency predicts global oil output will exceed demand until late next year. The prediction comes from Fatih Birol who is Executive Director of the IEA. “We don’t see the oil market re-balancing until late 2017 provided there’s no ‘major intervention’,” he said in an interview this week with Bloomberg …
Oklahoma City U.S. District Judge Timothy D. DeGiusti is being asked to decide if the Kingfisher Wind LLC farm located near Kingfisher is a nuisance to neighbors who don’t want it there. The neighbors formed a group called the Oklahoma Wind Action Association and sued Kingfisher Wind LLC which is a unit of Apex Clean …
The 20th annual Oklahoma Oil and Gas Expo presented by the OERB and SOER will be held Oct. 6 on the Oklahoma State Fair Park in Oklahoma City. “It’s our 20th anniversary which we’re very proud of, the longest running and largest oil and gas expo in the state,” declared Katy Spetter, one of the …
Tulsa-based Williams Companies, Inc. announced Monday that the company has appointed Stephen Chazen and Peter Ragauss to the company’s Board of Directors effective immediately, motivating activist investor Keith Meister of Corvex Management LP to withdraw his plan for a proxy battle. Chazen retired as Chief Executive Officer of Occidental Petroleum Corporation in April 2016, and …
Crude oil futures rebounded on Monday as investors weighed the possibility that major producers will make progress this week on a pact to limit production, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude climbed $1.45, or 3.3%, to settle at $45.93 a barrel, after losing nearly 4% in Friday’s …
Carter County OIL CITY UNIT #53, September 26 2016 27 3S 2W NENWSWNW API: 01926242 Lat: 34.270337192903874, Long: -97.40315146250182 KODIAK OIL & GAS INC SH, DR, 1200 ft, PONTOTOC(850) Carter County OIL CITY UNIT #49, September 26 2016 27 3S 2W SESWNWNW API: 01926238 Lat: 34.27124395084511, Long: -97.40315144491558 KODIAK OIL & GAS INC SH, DR, …
Shareholders have given approval to the merger of Great Plains Energy Incorporated and Westar Energy, Inc., both in Kansas. Westar is considered the largest electric utility in the state and has 700,000 customers and 2,400 employees. Great Plains is the parent company of KCP and L and headquartered in Kansas City, Missouri. “Our shareholders’ support for the transaction …
Now the U-N is getting involved in the oil pipeline fight in North Dakota as the U.N.s special envoy for the rights of indigenous people is calling for a halt to its construction. Victoria Tauli-Corpuz in Geneva, Switzerland wants work stopped on the Dakota Access pipeline, calling it a threat to drinking water supplies and …
Several energy-related legislative interim studies are now scheduled to take place at the Oklahoma State Capitol over the next two months. They include: Wednesday, September 28, 2016 10:00 a.m. – 4:30 p.m. State Capitol, Room 535 Senate Interim Study 16-022 Oklahoma Drones (Simpson) Speakers will include Stephen Henderson with the University of Oklahoma; James Grimsley …
The filing has been made and now it is a matter of a hearing date to be set in the matter of the State Corporation Commission filing a complaint against Oklahoma Natural Gas nearly 9 months after three people were injured in a January pipeline explosion in Oklahoma City. The filing of the complaint was …
