** Nearly half-a-million Floridians were still without power Monday morning, days after Hurricane Milton barreled through the state, tearing a path of destruction that was most severe on the west-central coast. ** Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the company’s $46 million sale …
More changes coming to former Chesapeake Energy campus in OKC
We’ve reported on the changes at what once was Chesapeake Energy in Oklahoma City. Remember the old name on the campus in the northside of the city? It’s been changed to the new name, Expand Energy. Other changes are coming. The Oklahoman reported the company recently filed a $20 million building permit for the …
Pilot-less airplane development is growing
The expansion and development of pilot-less aircraft drew a lot of attention at a recent Kansas Aviation Summit. Deb Sanning, deputy regional administrator of the Federal Aviation Administration warned it is coming. Sanning told those on hand in Salina, Kansas that uncrewed flights are becoming more normalized because companies are investing in …
OGE crews help Florida’s hurricane victims
In their fifth deployment of the year in helping hurricane and other storm victims, Oklahoma Gas and Electric crews are helping restore power to Hurricane Milton victims in Florida. Millions were without electricity following the hit the state took last week from the Category 3 storm. At the request of Florida Power & Light, …
US puts sanctions on trading of Iranian oil over missile attack on Israel
We will have to wait to see what this does to crude oil prices on Monday, but late Friday, the U.S. imposed sanctions on companies and ships that allegedly deal in trading and transporting Iranian oil. The sanctions, adopted after Iran’s recent missile attack on Israel, were implemented too late to affect Friday’s …
Crude oil prices finished the week with a drop
Crude oil prices finished down on Friday as a number of factors played a part in the slide. There of course was Hurricane Milton’s impact on fuel demand after the storm pounded Florida. Then, there is still what might happen in the Middle East where investors wonder whether Israel might attack Iran’s oil industry over …
Feds probe hydrogen sulfide leak that left 2 dead at Pemex refinery near Houston
The release of hydrogen sulfide that killed two workers Thursday at the Pemex petroleum refinery in Deer Park, Texas has come under investigation by a federal agency. The U.S. Chemical Safety and Hazard Investigation Board said it had launched an investigation. Two contract workers died in the incident and another 13 others were transported …
Rig counts in Oklahoma and US bounced back in past week
(REUTERS/Nick Oxford/File Photo) Oklahoma gained back an oil and gas drilling unit in the past week to record a total of 41 active rigs, according to the latest Baker Hughes Co. rig count released on Friday. The 41 compared to 37 rigs reported a year earlier. It also helped increase the nation’s rig count …
Ovintiv Inc. to release 3Q earnings in early November
Investors in Denver-based Ovintiv Inc. will learn early next month whether the company topped the $340 million in net earnings it recorded in the previous quarter. The energy firm plans to release the report after the close of the market on Thursday, Nov. 7 and follow it with a conference call the next …
Federal Bank survey shows fall in energy activity in Oklahoma and others that make up the Tenth District
It’s not the kind of news the oil and gas industry wants to read, but the Federal Reserve Bank of Kansas City released the third quarter Energy Survey showing a decline in energy activity in the Tenth District that includes Oklahoma. “District drilling and business activity posted a decline for the seventh consecutive quarter …
