NOV Inc., a Texas company with drilling rigs throughout Oklahoma, reported second quarter 2023 revenues of $2.09 billion, an increase of seven percent compared to the first quarter of 2023 and an increase of 21 percent compared to the second quarter of 2022. Net income for the second quarter of 2023 was $155 …
A report suggests large rural areas of Texas might not get some of the $3.3 billion in federal money awarded the state last month to expand braodband infrastructure across the state. The Texas Tribune says federal regulations will require that small telecommunications companies will have to put up large amounts of money in order …
completions: none were processed today
permits: none were processed today
Oklahoma Corporation Commissioners will meet Thursday at 1:30 p.m. to consider some recommended changes in the Universal Service Fund program. Here is the agenda: Consideration of and possible vote(s) on proposed or potential orders in cases on the attached 24-hour signing agenda docket. At the meeting, the Commission may discuss and consider alterations, revisions, …
After hitting three-month highs on Tuesday, crude oil prices fell nearly 1% on Wedneday after data showed US crude inventores fell less than expected. The Federal Reserve also was a factor after it raised interested rates by a quarter of a percentage point. West Texas Intermediate crude finished down 85 cents or 1.1% to …
Crude oil stocks held nearly even across the U.S. over the past week while they declined at the Cushing Hub in Oklahoma. The U.S. Energy Information Administration reported Wednesday that the U.S. held 456.8 million barrels of oil in storage as of July 21, down from 457.4 million as of July 14. It was …
** UPS and the Teamsters reached an agreement on a new five-year contract, averting a potential strike by roughly 330,000 package delivery drivers and package sorters that could have impacted many companies’ supply chains. ** Chevron Corp.’s board is waiving the mandatory retirement age for Chief Executive Officer Mike Wirth, giving the company more time …
Air pollution violations dating back to 2020 led to a $150,000 fine recently for a natural gas company operating in New Mexico. The New Mexico Environment Department carried out an inspection in 2020 and found permit violations at the Denton Gas Plant near Lovington owned at the time by Davis Gas Processing. Click here …
The Biden Administration’s Department of Energy announced nearly $11 million in funding of 10 projects across nine states to study extraction of lithium, the mineral needed for production of batteries for electric vehicles. The Energy Department stated the $10.9 million will advance innovative technologies to extract and convert battery-grade lithium from geothermal brine sources …
