The head of the Oklahoma Independent Petroleum Association says it’s clear the hope is the state’s oil and gas industry will continue to see improvements to offer relief to the Oklahoma economy. Writing in the Journal Record, Mike Terry reflected on how the Oklahoma Energy Index recently showed a gain of 100 jobs, a gain …
Nearly 7 and a half months after Oklahoma energy leader Aubrey McClendon was killed in a traffic crash, the claims against his estate have gone beyond $1 billion. Most of the claims have been made by Wilmington Trust and Chesapeake Energy Corp., the firm he helped found before he was forced out a few years …
Oklahoma oilman Harold Hamm still thinks Donald Trump would be far better for the U.S. energy industry than Hillary Clinton. Maybe even resulting in U.S. energy independence in the next 6 years. “Hillary Clinton wants to follow on with President Obama and basically discount what’s been given with this American renaissance,” he told CNBC …
Another big wind farm is planned for the Texas Panhandle, one to be located at 11,000 acres of land about 30 miles south of Amarillo. Falvez Energy recently closed financing on the 163-megawatt wind farm planned for Randall, Castro and Deaf Smith counties, according to a report in the Amarillo Globe. The company said the …
An oil spill is being cleaned up by Seaway Crude Pipeline Company workers at the Cushing tank farm. The company confirms the crude oil release from its pipeline near the intersection of Linwood Avenue and Texaco Road in Cushing but does not offer details as to how much crude was leaked. “There is no threat …
Oil futures finished slightly higher on Friday, with West Texas Intermediate prices marking a fifth-consecutive weekly gain, according to Bloomberg MarketWatch. December WTI crude added 22 cents, or 0.14%, to settle at $50.85 a barrel on the New York Mercantile Exchange. Prices reflected a gain of about 1% for the week. December Brent crude, the global …
Oklahoma City University will host its 2016 Energy Conference on Wednesday, November 30, 2016 from 11:30 a.m. until 1:00 p.m. The Energy Conference on Engagement and Advocacy: Connecting with Our Stakeholders will be presented by OCU’s Meinders School of Business in the Gardner Conference Room located on the 3rd Floor. Keynote speakers include Robin Olsen, …
Things are back to normal in Atchison, Kansas following a Friday morning chemical plant leak that resulted in a few dozen residents being treated. Authorities in the northeast Oklahoma City blamed it on what they called an “inadvertent” mixture of sodium hypocholorite and sulfuric acity, according to a report in the Kansas City Star. At …
Wind power could provide nearly 20 percent of the world’s electricity supply by 2030 due to significant cost reductions and commitments by nations that pledged to curb carbon emissions, according to a report released by the Global Wind Energy Council in Beijing on Tuesday. Drastic cuts in the price of renewable energies have made wind …
Tulsa-based Midstates Petroleum Company, Inc. announced Friday that it has emerged from Chapter 11 bankruptcy protection, eliminating $2 billion of debt and more than $185 million of annual interest expenses, according to a report by The Oklahoman. Midstates’ new capital structure consists of a $170 million revolving credit facility and nearly $75 million in total liquidity. Low …
