In Weatherford, the Stafford Air and Space Museum’s newest addition is a full-scale museum quality Apollo Lunar Module replica. The Lunar Module (LM) was the spacecraft that carried American astronauts to the lunar surface. Apollo 10 Commander, Tom Stafford, and fellow crew member, Gene Cernan, would be the first to fly the spidery-looking spacecraft into …
The Petroleum Alliance of Oklahoma applauded Gov. Kevin J. Stitt’s quick action to protect Oklahoma’s water, air and lands by triggering a federal law ensuring that state regulatory agencies have primacy in Indian country. In response to a recent U.S. Supreme Court ruling, Stitt officially requested that the Administrator of the U.S. Environmental Protection …
A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged U.S. shale producers to return at least a third of the 2 million barrels per day (bpd) curtailed since April. But that bump in output is unlikely to be sustained as shale wells lose up …
A day after oil futures hit their highest mark since March, they pulled back slightly on Wednesday, apparently pressured by a surprise weekly increase in U.S. crude supplies. Increased tensions between the U.S. and China reportedly led to growing tensions for a drop in energy demand as West Texas Intermediate September crude lost 2 …
Tulsa and Oklahoma leaders who tried to woo Elon Musk to build his proposed new Tesla truck plant in the northeast city came out on the losing end Wednesday. Tulsa was left standing on the altar as a bridesmaid and not the bride. Tesla CEO Elon Musk announced on an earnings call Wednesday that …
Blueknight Energy Partners, L.P. in Tulsa will release its second quarter 2020 financial results next month as company leaders hope to turn around their economic conditions. The company will make known the report after the close of markets on Wednesday, Aug. 5, 2020. An earnings conference call will be held the next day, …
The oil and gas industry in New Mexico is likely to come under some of the most stringent rules when it comes to the capture of methane gas from wells. The state proposed rules to require crude oil developers to capture at least 98% of the methane emissions by 2026. The proposal, announced by …
Two new members have joined the board of directors at the Oklahoma Energy Resources Board. They are Allen Wright and Christopher Hyde. Wright is Vice President of Public and Government Affairs at Oklahoma City-based Devon Energy. “I’m excited to join OERB’s mission of demonstrating the importance of oil and natural gas to Oklahoma, …
Investors in Tulsa-based ONEOK, Inc. were informed Wednesday they will soon be getting a quarterly dividend from the company. ONEOK announced its board of directors declared a quarterly dividend of 93.5 centers per share. It is unchanged from the previous quarter and amounts to an annualized dividend of $3.74 per share. The dividend is …
A nearly $375 million cash deal to acquire more exploration land in Canada’s Montney position was announced Wednesday by Houston’s ConocoPhillips. The company acquired the 140,000 net acres of land from Kelt Exploration Ltd. for the $375 million in cash in addition to assuming nearly $30 million in financing obligations for associated partially-owned infrastructure. …
