Oil futures settled with a loss of more than 3% on Monday, giving up nearly half of last week’s gain.
April West Texas Intermediate crude fell $1.32, or 3.4%, to settle at $37.18 a barrel on the New York Mercantile Exchange after finishing last week r…
March 14, 2016 archive
Oil Futures Retreat From Recent Gains
Panhandle Oil and Gas CEO Coffman to Retire
Michael C. Coffman, 63, President and Chief Executive Officer of Panhandle Oil and Gas Inc. in Oklahoma City, has announced his retirement effective December 31, 2016. Panhandle’s board of directors intends to follow its succession plan and name Paul F…
Permits to Drill March 15, 2016
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Police Report shows Aubrey McClendon was Traveling Nearly 90 miles an Hour Before Fatal Crash
“There was no brakage,” declared Oklahoma City police chief Bill Citty in releasing the police traffic investigation report into the March 2 death of energy exploration leader Aubrey McClendon, the former CEO of Chesapeake Energy.
He was commenting as…
New Power Line Project Announced for Western Oklahoma
AEP Oklahoma Transmission Company has announced plans to start construction soon on a $120 million transmission power line in western Oklahoma. AEP is an affiliate of Public Service Company of Oklahoma and will build the 60-mile long 3456-kilovolt line…
Williams to Begin Pipeline Expansion for Florida Customers
Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed a…
Williams to Begin Pipeline Expansion for Florida Customers
Tulsa based Williams Partners L.P. says it plans to begin construction soon on the Hillabee Expansion Project to increase growing needs for more natural gas in Florida. Work will get underway in May on the first phase that shoujld be completed and ope…
Audit Counters What Legislators Want to Do with Universal Service Fund
While state legislators are in the process of stripping the audit powers of the Oklahoma Corporation Commission in holding schools, hospitals and libraries accountable for their Internet projects funded through a special phone-fund, the same powers wer…
Energy Firms Resort to Improved Technology in Seeking Oil
With oil prices making only a slight rebound in the past week and energy companies have idled rigs and made layoffs into the tens of thousands nationwide, some of those same companies are looking at improvements in their fracking technology.
As …
Energy Firms Resort to Improved Technology in Seeking Oil
With oil prices making only a slight rebound in the past week and energy companies have idled rigs and made layoffs into the tens of thousands nationwide, some of those same companies are looking at improvements in their fracking technology.
As Reuter…