The Keystone Pipeline oil leak into a Kansas creek on Wednesday was estimated at 14,000 barrels of crude oil and could impact the amount of crude in storage at the Cushing hub in Oklahoma. The leak occurred in Mill Creek near the north Kansas town of Washington reported the Kansas City Star. Now there …
Another tumble for Oklahoma energy stocks and crude oil prices
Crude oil prices initially made gains Thursday as investors were optimistic that China’s removal of some anti-COVID restrictions might restore global supply chains. Then, they fell. So did Oklahoma energy stocks. West Texas Intermediate crude for delivery in January dropped 55 cents a barrel or about 1% to close at $71.46 on the New …
Building manufacturing firm to close in Shawnee
Seventy-five workers at the Oldcastle BuildingEnvelope company in Shawnee will lose their jobs in early 2023 as the operation will be shut down in February. The Oklahoma Office of Workforce Development received this week the required Worker Adjustment and Retraining Notification or WARN Act. David Terry, Regional Vice President/General Manager South Central for Oldcastle BuildingEnvelope stated that the move is …
Former Texas coal plant to be converted to $4 billion hydrogen factory
Two firms announced this week plans to build a $4 billion green hydrogen factory at a retired coal plant site west of Wichita Falls in North Texas. AES Corp. partnered with Air Products and Chemicals Inc., the largest producer of hydrogen. The two firms stated, in their press release, that operations are expected to …
Williams launches first natural gas certification process
The agreements announced Thursday by Williams, Coterra Energy and Dominion Energy Virginia represented a “first” in the natural gas industry. The three firms created the industry’s first next generation natural gas certification process across all segments of the value chain from production through gathering and transmission with deliveries through 2023. Williams is leveraging block-chain secured …
Oil leak into Kansas creek forced shutdown of Keystone pipeline
The Keystone Pipeline was shut down late Wednesday after a leak of oil into a northern Kansas creek was discovered. The incident happened in Washington County. TC Energy, the North American energy firm headquartered in Canada called it a “confirmed release of oil” into a Kansas creek located about 20 miles south of Steel …
OGE board announces dividend and addition of new director
A new member has joined the Board of Directors at OGE Energy Corp. Directors voted this week to appoint Cathy R. Gates to the board beginning Jan. 3, 2023. Gates was an assurance partner for Ernst & Young LLP, based in their Tulsa office, through her retirement in 2017. She served as a managing partner for eight …
Growth in rig activity reported by Enverus
The latest rig count by Enverus Foundations showed not only a nationwide gain but increased activity in the Anadarko Basin. Enverus reported the Anadarko saw a gain of 3 rigs in the past week to reach a total of 91. Nationally, it showed a gain of 5 to reach 877 total rigs. The count …
Rep. Bice calls for more research into hydrogen fuel cell production
Oklahoma Congresswoman Stephanie Bice is pushing a hydrogen research measure in the House. The Republican Representative along with Democrat Paul Tonko of New York introduced the Department of Energy Clean Hydrogen and Fuel Cell Research, Development, and Demonstration Act of 2022, bipartisan legislation that would empower the Department of Energy (DOE) to strengthen its efforts …
PSO charity program continues giveaway of LED lights
Public Service Company of Oklahoma’s Shine A Light program is helping families in need by distributing more than 118,000 free LED bulbs. Since 2014, Shine A Light has distributed more than 750,000 energy-efficient bulbs to food pantries in PSO-served areas. This year, Shine A Light expanded to 22 pantries serving 100 communities. “These are difficult …
