Make a note. Helmerich & Payne plans to release its first quarter 2024 earnings report at the end of the month. The Tulsa company announced it will hold a conference call on Tuesday, January 30 at 10 a.m. central time. The call will feature John Lindsay, President and CEO, Mark Smith, Senior Vice President …
A winter conference in Park City, Utah will draw ONEOK Inc. leaders this week. They plan to take part in the UBS Global Energy and Utilities Winter Conference on Jan. 9 and 10 in an effort to attract new investors.
A move by Saudi Arabia to adopt sharp price cuts sent crude prices tumbling by more than 4% on Monday. At the same time, there was a gain in OPEC output. US West Texas Intermediate crude fell $3.04 or 4.1% at $70.77 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude dropped …
Jobs in the US oilfield experienced a slight decline, with a decrease of 941 jobs in the U.S. oilfield services sector during December, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to November numbers and analysis by the Energy Workforce & Technology Council. Compared to November, job availability …
A real taste of winter is hitting most of the state this week, sending oil and gas crews to wear extra clothing to fight the extreme wind chills. Oklahoma Climatologist Gary McManus says we’ll see wind chills down “into the single digits and teens” Tuesday morning. “Then, SOMETIME around Friday, we’re gonna get a …
The US Energy Department has approved a $189 million loan targeting methane leaks in oil and gas producing states, including Oklahoma where emissions detection towers will be located. The loan to Houston-based Long Path Technologies will allow the deployment of 1,000 large-area remote methane monitors across Oklahoma, Texas, Kansas, Colorado, North Dakota and New …
Under current law, if a person owes toll money, they are prohibited from renewing their vehicle registration until they pay their toll. Representative Annie Menz, D-Norman, filed HB2968, which would remove the ability of Service Oklahoma to deny renewal vehicle registration for unpaid tolls. Menz says her office has received feedback from constituents about …
The fight against Oklahoma Gas and Electric Company’s request for a nearly 14% rate hike this year is underway as consumers have already filed their protests with the Oklahoma Corporation Commission. The protests and objections started within days after OG&E filed the request in late December. “You need to stop OG& E’s rate increase …
An Opinion by Corporation Commissioner Bob Anthony In just two weeks of February 2021, Oklahoma’s largest public utilities incurred some $2.8 billion in fuel and purchased power costs (compared to $1.3 billion for all of 2020). Then lawmakers and two Oklahoma Corporation Commissioners allowed those utilities to tack on another $2+ billion of financing (aka “securitization”) expenses by …
** The Supreme Court declined to weigh in on a climate change case the state of Minnesota is pursuing against ExxonMobil, the American Petroleum Institute trade group and other fossil fuel groups. ** The Supreme Court won’t take up a case seeking revive a proposed gold and copper mine that was blocked by the Environmental Protection …
