Energy stocks in Oklahoma and those with operations in the state might do better next week—-that’s no doubt the hope of the leaders and investors in those companies as trading came to an end on Friday. Alliance Resource Partners saw a one cent increase to $2.87 while Blueknight Energy Partners jumped more than 3% …
Oil futures edged lower on Friday, with both major benchmarks posting their third weekly decline in four weeks as worries about the demand outlook have grown in response to rising COVID-19 cases. West Texas Intermediate crude for November delivery fell 6 cents, or nearly 0.2%, to settle at $40.25 a barrel on the New York …
The magical question. Where is the oil and gas industry headed in Oklahoma? If anyone knew the answer, fortunes could be made. Misery could be ended in the industry, or in some cases, extended. “I think we’re bumping along the bottom here and I think our members are thinking about what the new world …
** Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low. The company’s shares closed in London on Thursday at 232.4 pence, the lowest level since October 1995. ** Eighty-five Democratic lawmakers, led by Reps. Jamie Raskin (Md.), Suzanne Bonamici (Ore.) and Kathy Castor (Fla.), wrote to the Commerce …
Oklahoma stood still in terms of active drilling rigs in the past week while the nation’s count grew by 6 to reach 261. Baker Hughes Company reported Oklahoma’s count stayed at a dozen active rigs but nationally, the number of oil rigs increased by 4 to reach 183 and the number of gas rigs …
While a University of Colorado Denver researcher found that only 20% of 488 public airports she surveyed have adopted solar panels for use in the past decade, Oklahoma City’s is not one of them. It’s the finding of School of Public Affairs researcher Dr. Serena Kim who questioned the airports about adoption of solar …
Economic leaders including those from the oil and gas industry admit they’re concerned about the economic impact of the COVID-19 pandemic on the Permian Basin and southeastern New Mexico. But oil and gas leaders sought to ease economic concerns stemming from the historic decline in the market in addressing the Carlsbad community at the city’s recent …
Colorado is poised to impose the biggest statewide oil and gas drilling setback in the nation – 2,000 feet from homes and schools – after state regulators unanimously backed the measure in an informal vote. The Colorado Sun reported that a final, formal vote will be held Nov. 6. But while setting the buffer for …
Xcel Energy-Colorado has completed construction of the 500-megawatt Cheyenne Ridge wind farm on the Eastern Plains of Colorado. The Denver Post reported the 229-turbine facility in Cheyenne and Kit Carson counties near I-70 in eastern Colorado will provide enough energy to power about 270,000 homes, Xcel Energy said in a statement Wednesday. The project, owned …
Oil and gas companies will have to control and monitor emissions from fracking and meet tighter emission-performance standards on the electric motors used at drill sites, under some first-in-the-nation rules passed Wednesday night by Colorado air quality regulators. The Colorado Sun reported the new rules for the so-called pre-production phase of drilling are in …
