While Brent and U.S. crude futures finished Friday with a small loss, Oklahoma energy stocks did the same. Crude fell during a session where prices dropped more than $1 a barrel as traders dealt with mixed signals for oil demand. West Texas Intermediate finished down 15 cents or 0.21% to $71.43 a barrel on the …
The Oklahoma Rural Water Association PAC has reached a settlement with the State Ethics Commission over illegal campaign contributions and transfers. The Ethics Commission approved the settlement on Friday after the political action committee self-reported issues with compliance with the Oklahoma Ethics rules. The issues brought to surface included: Over $3,200 of impermissible contributions and …
Rig activity remained steady in Oklahoma over the past week while the nation’s count slipped by 3 to 623 rigs, reported Baker Hughes Co. on Friday. Oklahoma remained at 38 rigs and still far from the 69 rigs reported in the state a year ago. Nationally, the count decline included a drop of 2 …
Senator James Lankford (R-OK), a member of the Senate Select Committee on Intelligence, joined Senator Katie Britt (R-AL), along with 29 other Senate Republican colleagues, in sending a letter to President Joe Biden, Secretary of State Antony Blinken, and Treasury Secretary Janet Yellen urging the Treasury Department to enforce existing sanctions on Iranian steel. …
The $7 billion Grain Belt Express, an 800-mile transmission line designed to carry wind-powered electricity from southwest Kansas and through Missouri and Ilinois and ending in Indiana has faced its share of legal challenges and opposition. Now Invenergy’s massive project faces another—from some of the operators and re-enactors at Fort Larned, Kansas, the historic …
** A Tokyo Gas subsidiary has purchased Houston-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion, Tokyo Gas announced Friday. ** The Biden administration plans to launch a formal review of vinyl chloride, the chemical that spilled in the town of East Palestine, Ohio, in February. This review …
Tulsa’s Unit Corporation issued an explanation how it intends to make payments on three fourth-quarter dividends as it previously announced this month. Each of the three dividends will be paid on December 27 to shareholders of record as of the close of business on December 18, 2023. In an announcement, Unit clarified that since …
Arkansas Gov. Sarah Huckabee Sanders took another step this week to ensure land in her state is not owned by companies in Red China. She explained a state investigation showed two Arkansas companies might have “significant” connections with China and thus, are violating a state land ownership law. The two firms in question are …
Oklahoma U.S. Sen. Markwayne Mullin’s wealth that was developed in his plumbing and other business interests prior to his entry to Congress sparked an exchange of critical comments between him and Florida Republican Rep. Matt Gaetz. Gaetz took a shot at Mullin’s money and how he earned it by citing the Senator’s increased wealth …
Oklahoma City’s Utilities Department sent out a Christmas notice to city customers about residential curbside recycling. It wants to remind customers about what’s “Naughty” and “Nice” when it comes to recycling—especially if it involves a lot of wrapping paper and cardboard boxes that carried gifts. You can recycle these “Nice” List items: Mail, magazines, …
