Tuesday proved to be an up day in trading for a lot of energy stocks, turning around the declines of Monday and last Friday. Alliance Resource Partners finished up 6 cents for a 2.28% increase to $2.69 per share. Blueknight Energy Partners closed a penny ahead for a 1% increase to $1.36. Chesapeake Energy …
Oil futures shook off early losses Tuesday to log their first gain in four session, lifting U.S. benchmark prices to their highest finish in almost seven weeks. On Wednesday, the most-active West Texas Intermediate crude for December delivery, which now also the front month, rose 64 cents, or 1.6%, to settle at $41.70 a barrel …
Changes are coming for telephone customers in the 405 area code and they will lead to 10-digit dialing for local calls. The Oklahoma Corporation Commission announced that starting Saturday, October 24 local calls within the 405 area code can be made by either dialing the local 7 digit local number or by dialing the …
Fortune magazine’s newest list of the Most Powerful Women in Business includes only one true energy CEO. She is Lynn Good, head of Duke Energy. The 61-year old Good was ranked 19th on the 2019 list of Fortune’s 50 most powerful women in business and this year was picked to be the 23rd most …
Congressman Tom Cole (OK-04) applauded last week’s announcement from the U.S. Department of Commerce’s Economic Development Authority (EDA) that a $1.25 million grant will be awarded to the Ardmore Development Authority, located in the Fourth District of Oklahoma. The funding will go toward water infrastructure upgrades needed to support business growth at the Ardmore Industrial …
Former Oklahoma Corporation Commissioner Ed Apple died on Friday, Oct 16 at his home in Duncan. He was 87 and was also a former Oklahoma State Representative. His death was discussed at the Tuesday meeting of the Corporation Commission as members remembered him. “He really had a heart for Oklahoma,” said Commissioner Dana Murphy. …
** The U.S. Coast Guard says a large semisubmersible rig that ran aground in the Sabine Bank Channel is limiting vessels that can enter the waterway. It sits on the Texas-Louisiana border and connects the Gulf to Cheniere Energy Inc.’s Sabine Pass LNG export plant. ** American Indian tribes ask a federal judge to clarify an …
The acquisitions and mergers of the past few months have resulted in a shift of the largest shale players in the country. Some are based in Oklahoma while many others have sizeable operations in the state. The latest acquisition said to be in the making is Pioneer Natural Resources which the Wall Street Journal …
Might be another takeover in the making in Texas. Reports suggest that Pioneer Natural Resources Co. of Irving, Texas has been in talks to acquire Parsley Energy Inc. The Wall Street Journal reported the initial story based on people familiar with the talks. Parsley Energy, based in Austin, Texas is considered to be a …
Oklahoman Mike Boyd, creator of the nonprofit Alliance for Electrical Restructuring in Oklahoma is on a mission to get approval to deregulate electricity markets. Jack Money at The Oklahoman reported that Boyd hopes to win approval of a plan to provide commercial customers of Oklahoma Gas and Electric Co. and Public Service Company of …
