Crude surged past the $30 a barrel mark on Friday. West Texas Intermediate crude for March delivery on the New York Mercantile Exchange added $2.66 to end trade at $32.19 a barrel. March Brent crude on the London ICE Futures Exchange gained $2.93 to se…
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Two big financial announcements were made recently by financially-struggling SandRidge Energy, Inc. in Oklahoma City. On Friday, the company announced it and a third party agreed to settle all claims between them arising out of a 30-year agreement for …
New Mexico has reached agreement with the federal government over February 2014 nuclear incidents at Carlsbad and the Los Alamos National Laboratory. The U.S. Department of energy agreed in the settlement to make $74 million in improvements at the Wast…
The rig count in Oklahoma remained steady at 87 in the past week while the nation’s count fell by 13 to reach a U.S. total of 637, according to the latest rig count from Baker Hughes Company based in Houston, Texas. It’s another indication there are fe…
Oklahoma City Rep. Richard Morrissette says the earthquake reparation fund he’s proposing to be financed by the oil and gas industry would be very much like the state’s tire indemnity fund.
It’s what he told OK Energy Today.
“We pay a dollar per used…
Oklahoma Attorney General Scott Pruitt’s attempt to tack on $500,000 to the $92.5 million rate hike proposed by Oklahoma Gas and Electric so he can hire experts in opposing the request is being recommended for denial by an administrative law judge at t…
The resignation of Jay P. Still as president and chief operating officer of Tulsa-based Laredo Petroleum will be effective Jan. 28. The company announced his resignation this week, just as the firm also laid off about 75 employees and said it wo…
The resignation of Jay P. Still as president and chief operating officer of Tulsa-based Laredo Petroleum will be effective Jan. 28. The company announced his resignation this week, just as the firm also laid off about 75 employees and said it would be…
