December 10, 2021 archive

Baker Hughes reports more rig activity in Oklahoma and US

Rig activity in Oklahoma and the U.S. increased in the past week according to the latest report from the Baker Hughes Co. Oklahoma’s count grew by 2 to 46, far more than the 14 rigs reported a year ago at this time. Nationally, the count increased by 7 to 576. The number of oil rigs …

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Crude oil makes best advancement since August

Crude oil prices rebounded again on Friday reaching their best weekly gain since August while some Oklahoma energy stocks made modest gains. The advancement in crude prices was again attributed to easing concerns over the impact on global economic growth and fuel demand by the Omicron coronavirus variant. West Texas Intermediate crude for January delivery …

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Other energy news headlines for Monday

** The Biden administration has ordered U.S. government agencies to immediately stop financing new carbon-intensive fossil fuel projects overseas and prioritize global collaborations to deploy clean energy technology, according to U.S. diplomatic cables. ** South Dakota utility regulators gave the go-ahead for NorthWestern Energy to partner with BrightMark Full Circle RNG to develop the state’s first renewable natural gas …

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