Oklahoma Gov. Kevin Stitt signed a bill to boost rural broadband connectivity in the state. He put his name to a bill that takes effect immediately reported KOKH News. Click here for KOKH News
KCC chairman voices opposition to stifling criticism from coalition
One Kansas energy regulator expressed concerns over a vote of the Kansas Corporation Commission to limit input from a business coalition on plans for an $85 million transmission line to Missouri. Click here for Kansas Reflector
Colorado makes another attempt at abandoned well cleanup
Colorado legislators hope to win approval of a series of bills aimed at doing something about orphaned oil and gas wells in the state. Click here for Denver 7 news.
Headlines of other energy stories
** The U.S. EPA prepares to enforce a rule requiring new natural gas power plants to capture and store carbon emissions, though climate and industry advocates say the technology isn’t ready for wide-scale deployment. ** The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, …
Drop in earnings reported by refinery operator Holly Energy Partners
Holly Energy Partners, L.P., owner and operator of refineries including one in Tulsa reported a first quarter 2022 decline in net income compared to a year ago. The Dallas-based firm said net income was $49.6 million or 45 cents a basic and diluted limited partner unit compared to $64.4 million and 61 cents a …
Tulsa drilling firm on the hunt for more investors
Tulsa’s Helmerich & Payne will be looking for more investors as company leadership takes part in two conferences this month. Company President and Chief Executive Officer John Lindsay will be joined by Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management in …
Cypress moves forward with financial restructuring and Chapter 11
Tulsa’s Cypress Environmental Partners, L.P. filed Chapter 11 in bankruptcy court to deal with its more than $58 million in debt. The company on Monday announced the next step in its previously announced plan to pursue a court-supervised restructuring. “Cypress will emerge as a strong, reorganized company with no debt that is focused on …
Oklahoma oilman relishes Kentucky Derby win!
Oklahoma oilman Richard Dawson celebrated his horse’s win in the Kentucky Derby on Saturday—a win that almost didn’t happen. Dawson, oil of Redsky Land in Edmond bought Rich Strike in September 2021, paying $30,000 for the eventual Derby winner. Click here for more from News 9
Friday saw more gains in crude oil prices
As the week starts, oil investors and analysts wonder whether prices will managed to post a third consecutive week of increases as Europe seriously considers sanctions on Russian oil. On Friday, prices went up 1.5% as traders shrugged off worries about global economic growth. West Texas Intermediate crude for June delivery rose 1.4% or $1.51 …
PSO hands out 64 Teacher Vision Grants to schools
Public Service Company of Oklahoma announced 64 American Electric Power (AEP) grants to underwrite innovative classroom approaches in local classrooms. Ranging from $100 to $500, AEP Teacher Vision Grants are designed to make creative projects possible for Pre-K through grade 12 teachers. Projects funded for 2022 include esports equipment for Atoka High School students, Bluetooth speakers to …
