A rebound from steep losses after China’s manufacturing activity dropped to a six-month low in April resulted in oil futures clinging strongly above the $100 level in Monday’s trading. COVID-19 lockdowns in Shanghai resulted in the weekend drops but by day’s end on Monday, prices rose. West Texas Intermediate crude for June delivery settled …
May 2022 archive
Mullin chides John Kerry for his criticism of natural gas industry
An amended statement by John Kerry, the Special Presidential Envoy for Climate who recently put the natural gas industry on notice, didn’t appease Oklahoma Congressman Markwayne Mullin. He took the former Democratic U.S. Senator to task for his recent attack on the natural gas industry, telling him in a letter this week that he …
Rep. Lucas against climate change solution mandates
Oklahoma Congressman Frank Lucas cautioned a House Committee about cutting natural gas production in the name of what he labeled as “misguided” climate change solutions. His warning came at a recent House Committee on Science, Space and Technology hearing entitled “Now or Never: The Urgent Need for Ambitious Climate Action.” “Now, more than ever, we can …
Pipeline records are open to the public in North Dakota
Energy Transfer fought it but the North Dakota Supreme Court recently ruled that thousands of documents concerning the construction security of the company’s Dakota Access Pipeline are public records. Click here for Bismarck Tribune
Empire names new board member
Retired Navy Vice Admiral Andrew Lewis has joined the board of directors at Tulsa-based Empire Petroleum. The oil and gas company announced this week the appointment was effective immediately and Lewis replaced Anthony Kamin, who served Empire as a Director since December 2016 and recently as Co-Chairman of the Board. Vice Admiral Andrew Lewis was raised …
Leadership changes at Halliburton and ConocoPhillips
Some executive changes were announced this week by the two major energy companies. Halliburton announced the naming of Lance Loeffler, executive vice president and chief financial officer to be a senior vice president of the company’s Middle East North Africa or MENA region. Halliburton Executive Vice President, Global Business Lines, and Chief Health, …
National Drinking Water Week
The City of Oklahoma City is joining municipal water utilities across the country to recognize May 1-7 as this year’s National Drinking Water Week. With a theme of #ThereWhenYouNeedIt, Drinking Water Week highlights the many ways water utilities deliver clean, treated drinking water to help ensure public health and the environment, support public safety …
Coal, oil and gas gains boost revenue for Alliance Resources
With the help of higher coal sales nationwide, Tulsa’s Alliance Resource Partners, L.P., one of the country’s major coal-mining operators reported increased financial and operating results for the quarter ended March 31 of this year. The company announced that total revenues increased nearly 45% to $460.9 million compared to $318.6 million for the quarter …
Tulsa coal company invests in EV charging network
Francis Energy, LLC, the Tulsa-based owner and operator of the nation’s first comprehensive statewide network of electric vehicle fast charging infrastructure, announced an equity investment in the company by Alliance Resource Partners, L.P., the coal and energy firm also headquartered in Tulsa. The investment brings together two Tulsa-based American success stories to help change …
Energy issues this week for Sens. Lankford and Inhofe
Oklahoma U.S. Sens. James Lankford and Jim Inhofe are on committees that will deal with energy issues this week. Lankford, a member of the Senate Energy Committee will have a chance on Thursday to question Energy Secretary Jennifer Granholm about her defense of President Biden’s plan to increase the DOE budget. Granholm will go …