BP’s U.S. Lower 48 onshore business announced Wednesday that it will move its Lower 48 headquarters staff from Houston to Denver due to the Rocky Mountain region’s importance as an energy hub, according to a company press release. BP America headquarters will remain in Houston and the Mid-Continent operations office in Oklahoma City will also …
An Oklahoma Corporation Commission Administrative Law Judge on Friday reduced Oklahoma Gas and Electric Co.’s rate increase by nearly $20 million, according to The Oklahoman. ALJ Ben Jackson issued a one-page errata stating when his figures “were run through the accounting process, an incorrect total was inadvertently reported” on a summary page. OK Energy Today …
Crude oil prices moved higher on Friday as traders remained positive about the overall outcome of OPEC’s production cuts, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude added $1, or 2%, to settle at $51.90 a barrel. For the week, prices rose nearly 0.8%. On the London ICE Futures …
While the oil and gas rig count slipped in Oklahoma in the past week, the count grew by 13 nationwide, according to Houston-based Baker Hughes Company. Oklahoma’s count fell to 78, compared to 86 a year ago. Nationwide, the count added 13 to reach 637 including a dozen more oil rigs and one more …
The Sierra Club has widened its nationwide fundraising effort on the backs of Donald Trump and the man he has nominated to run the Environmental Protection Agency—-Oklahoma Attorney General Scott Pruitt. “Get ready to be disappointed,” wrote Michael Brune, Executive Director of the Sierra Club in his latest email pitch asking for contributions. “We’re launching …
Count Justin Haskins as a supporter of Oklahoma Attorney General Scott Pruitt to be head of the Environmental Protection Agency under the new Donald Trump administration. Haskins happens to be Executive Editor of the Chicago-based Heartland Institute and calls Pruitt “the right person to fix broken EPA.” Writing in the Sunday edition of The …
