An attack by drones on Iraqi Kurdistan oil fields Thursday sent crude oil prices up $1 a barrel, a clear sign there is continued risk in the volatile region. Officials believe Iran-backed militias were responsible, although no group has claimed they were behind the attacks. Oil output in the region has been cut …
The proposed new nuclear reactor that developers want to locate at Amarillo, Texas is also at the center of a report indicating an official from President Trump’s DOGE told the head of the U.S. Nuclear Regulatory Commission to “rubber stamp” the project along with others. Fermi America, a firm co-founded by former Texas Gov. and …
Emorates Global Aluminium, the world’s largest premium aluminium producer which announced plans for a $4 billion plant in Oklahoma, recently put its recycling plant in Minnesota into operation. The United Arab Emirates-based firm expanded its EGA Spectro Alloys aluminium plant, a move that added 55,000 tons of secondary billet production capacity in the first …
State Treasurer Todd Russ reported the gross production tax revenues in Oklahoma increased by more than 7% in the month of June. The increase was $6 million or 7.3% compared to a year ago and totaled $89.1 million in revenues for April. “Gross Production Tax held steady, this continued strength may reflect stable …
Just a few months after Williams President Alan Armstrong discussed first quarter earnings and declared, “”Our business is firing on all cylinders,” the Tulsa company prepares to release its second quarter earnings report August 4. The release will be made after the market closes on that Monday and the company leadership willhold a …
Expand Energy Corporation, the largest natural gas producer in the United States, plans a release of its second quarter operational and financial results at the end of July. The results will be released after the market closes on Tuesday, July 29, A conference call to discuss the results has been scheduled for July …
The approaching heat wave that will bring temperatures into the mid and upper 90s and 100 degrees in Oklahoma and surrounding states prompted an advisory from the state’s electric grid manager, the Southwest Power Pool. SPP is issuing a Weather Advisory for the central and southern regions of its Balancing Authority area, effective Monday, July …
Another dividend was declared by the board of directors of ONEOK, Inc. The Tulsa-based company declared a quarterly dividend of $1.03 per share, same amount as the first quarter. It will result in an annualized dividend of $4.12 per share. The dividend is payable Aug. 14, 2025, to shareholders of record at the …
The water fight between Nebraska and Colorado has gone to the U.S. Supreme Court. Nebraska filed suit over South Platte River water rights. “We’re going to fight like heck, said Nebraska Gov. Jim Pillen. “We’re going to get every drop of water.” Attorney General Mike Hilgers added, “Every drop of water matters.” Their …
Any time 1,000 new jobs are discussed and it’s worth turning heads. Such is the case at Tinker Air Force Base where the government is adding 1,000 new jobs as part of the Air Force’s B-21 bomber campus. The B-21 “Raider” is the world’s first sixth generation bomber and the Air Force announced …