(Credit: Osage News) Enel Green Energy hasn’t seen the last of the Osage Nation, after losing a court case which could force the company to dismantle the wind turbines built nearly a decade ago in Osage County. Environmental reporter Robert Bryce, who promotes the “Power Hungry Podcast,” is reporting the Osage Nation intends to seek millions …
January 2024 archive
Supreme Court won’t hear Koch, Exxon Mobil and API challenge to climate lawsuit
A setback for Koch Industries, Exxon Mobil Corporation XOM and the American Petroleum Institute. The US Supreme Court refused this week to dismiss their request to move Minnesota’s climate change lawsuit from state court to federal court. The suit was filed in 2020 by Minnesota Attorney Geneeral Keith Ellison who contended the three groups …
Energy quick reads
** The American oil industry is on high alert for an escalation of the violence in the Middle East that disrupts the flow of oil out of the region. Mike Sommers, CEO of the American Petroleum Institute, worries there is a growing chance the crisis will intensify and derail oil supplies. ** A low-carbon $1 billion ammonia …
Oklahoma Attorney General to be part of House impeachment hearing against Homeland Security Secretary
Attorney General Gentner Drummond will testify Wednesday to the U.S. House Homeland Security Committee as part of that panel’s impeachment proceedings against Department of Homeland Security Secretary Alejandro Mayorkes. The action comes in the wake of Mayorkes’ failure to secure the nation’s southwest border. Drummond was invited to testify due to his focus of ridding …
BlackRock still maintains heavy investment in Tulsa oil firm
While BlackRock, Inc, is on the “outs” as far as the State Treasurer is concerned because of its controversial ESG policies, the large investor still has investments in one Oklahoma oil and gas firm. An SEC filing by Vital Energy Inc. of Tulsa this week showed BlackRock has a nearly 14% investment in the …
Helmerich and Payne to release earnings report
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 …
ONEOK to be part of Park City conference seeking investors
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.
Crude oil dropped 4% on move by Saudi Arabia to cut prices
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 …
Oilfield employee numbers dropped nationally in December
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 …
Oklahoma to be hit by cold weather
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 …
