Category: Oil & Gas

Oil hits $86 a barrel and brings energy stocks up too

    Crude oil prices continued their climb upward in Monday’s trading as Brent crude hit a 3-year high and a penny short of $86 a barrel. Oklahoma energy stocks went along for the ride too. The global benchmark, set for December delivery rose 46 cents and finished the day at $85.99 a barrel on …

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Increased coal sales drives improved earnings for Tulsa firm

“Year-to-date performance from all of ARLP’s business segments has exceeded our initial expectations for 2021.” Alliance Resource Partners, L.P., the major coal-mining company based in Tulsa reported increased financial and operating results for the quarter ended September 30, 2021 compared to the previous quarter. Primarily on the strength of increased coal sales volumes and price …

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Devon donates to Tulsa Dream Center

  Children in North Tulsa now have access to high-tech tools to explore science, technology, engineering and math (STEM) at the Tulsa Dream Center (TDC), a faith-based community center. Students will enjoy tinkering with robots, 3D printers, coding tools and more thanks to a gift from Devon Energy in partnership with the Cal Ripken, Sr. …

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Oil leaders in spotlight before House Dems

  This is the week that executives of big oil go before a House Oversight Committee to face grilling whether they lied about their firms’ roles in climate change. House Democrats are intent to finding evidence of “disinformation” and seeing to what extent they might exact their pound of flesh from Exxon Mobil CEO and Chairman …

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Koch subsidiary joins solar network

  A Kansas-based fossil fuel company known nationally for its conservative politics caught the attention of environmentalists recently in Minnesota. Flint Hills Resources, a subsidiary of Koch Industries—yes, that Koch Industries was accepted as a dues-paying member of Minnesota’s solar energy industry trade group. Flint Hills owns the Pine Bend Refinery near St. Paul and …

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Evergy hopes to win approval of energy efficiency programs in Kansas

  The giant utility Evergy plans to seek approval of Kansas regulators to extend its energy efficiency programs for customers that are already existent in Missouri. The Missouri Independent reports utility leaders are hopeful as they take their plans to the Kansas Corporation Commission. Click here for Missouri Independent.  

Other energy stories and headlines

** Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc lower electric vehicle (EV) production costs, in a move the Japanese company’s battery chief said would deepen business ties with its key U.S. customer. ** Toyota said Monday it is testing hydrogen combustion engines in race cars as it works toward using …

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High natural gas prices won’t go away anytime soon

  Customers of New Mexico Gas Co. are joining the crowd….being told they can expect high natural gas prices to remain that way through the winter. Executives of the company recently went before New Mexico regulators with the warning as the Santa Fe New Mexican reports.   Click here for Santa Fe New Mexican

Colorado seen as national leader in methane emissions control

  A report suggests that as U.S. environmental regulators create new rules to control methane emissions from oil and gas operations, whether it’s Oklahoma, Texas or North Dakota, they might take their cue from Colorado. Reuters reports the state’s considered a leader in methane regulations since adopting rules several years ago. Click here for Reuters. …

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Support Biden or oil and gas? New Mexico’s Governor is paying the price

  New Mexico’s Democratic Gov. Michelle Lujan Grisham might find you can’t have it both ways when it comes to supporting President Biden’s anti-oil and gas policies and pretending to support the industry in her own state. Sinking approval ratings are an indication her re-election effort could face an uphill challenge as steep as the …

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