The war against Iran widened Thursday prompting a jump in international crude oil prices to more than $119 a barrel but at the end of the day, prices fell $11 and US prices were down to the upper $90. The scope of Israeli attacks included the launching of air strikes in northern Iran as …
As western Oklahoma becomes dryer because of a more than month-long lack of rain, state firefighters are being warned they could face wildfires with 20-foot flames and speeds of 170 feet a minute, if they do break out. It’s the warning from the Oklahoma Forestry Services in a Thursday wildfire update. It noted that as …
More than a month after Domenic Dell’Osso Jr. was replaced as President and Chief Executive Officer of Expand Energy over its move of headquarters from Oklahoma City to Houston, Texas, the company reported Dell’Osso’s sale of securities in the firm. The filing showed two separate sales of securities. The largest involved 5,000 shares in Devon …
** Iranian attacks on the world’s largest LNG plant in Qatar and refineries in Saudi Arabia and Kuwait sent shock waves through energy markets Thursday as the US said there was no time frame to end the Middle East war. ** Global crude oil prices surged more than 6% early on Thursday, a day after Iran …
Tulsa’s consideration of rezoning more than 300 acres of land to make way for a proposed data center was delayed this week. The City’s Planning Commission approved at least a two-week delay at the request of the developer of the Project Anthem. City staff had already recommended denial of the proposal. The delay caught some …
One of the significant challenges of two state legislators in their lawsuit against the continued 2021 Winter storm fuel costs borne by customers of Oklahoma Natural Gas Company has been the lack of what they contend were legitimate audits of the expenses. Reps. Tom Gann and Kevin West have used the argument in the case …
Reps. Tom Gann, R-Inola, Kevin West, R-Moore, and Rick West, R-Heavener, filed their seventh appeal brief at the Oklahoma Supreme Court on Thursday. It asks the court to overturn Oklahoma Corporation Commission (OCC) orders approving some $1.5 billion of 2023 fuel and purchased power costs incurred by monopoly public utilities, including $530 million for ONG, …
BNSF Breaks Ground on North Texas Logistics Center in Gunter It’s a new dawn for transportation through Grayson County as Burlington Northern Santa Fe Railway (BNSF) broke ground Thursday for a North Texas logistics center in Gunter. “It’s an exciting time to have a facility of this size in our area,” said Grayson County Judge …
Crude oil prices were back up again at mid-week and the upward spiral happened after both Israel and Iran threatened more attacks on petroleum operations. International prices rose to nearly $110 a barrel. Bunker busting bombs were dropped on missile sites along the Strait of Hormuz where oil tankers have been stalled. AAA reported that …
As Devon Energy prepares to hold an approaching annual meeting of stockholders where they will vote on the merger with Coterra Energy, the Oklahoma City company also released its earnings report this week covering the fourth quarter and all of 2025. Devon recorded operations generated $1.5 billion of operating cash flow and $702 million …