Crude oil up about 1% but Oklahoma energy stocks dropped in Monday’s trading—one firm falling 4%. Oil prices rose about a dollar a barrel as traders and investors are still overly concerned about the Middle East tensions and how they might affect global supplies. US benchmark, West Texas Intermediate crude actually finished up 50 …
Even before President Biden left U.S. energy supporters puzzled over his moratorium on development of LNG ports and operations in the nation, there had been an effort in the House to unlock domestic LNG potential. It won approval in the House but stalled in the Democrat-controlled Senate, and thus prompted Oklahoma U.S. Sen. …
Oklahoma Gov. Kevin Stitt, in his 6th State of the State address to the state legislature stressed that “government is not the answer” to our challenges and instead focused on making Oklahoma the “business capital of the world.” From an energy viewpoint, it was 14 minutes into his adddress on Monday when Gov. Stitt …
Oklahoma City’s Devon Energy has been named to the JUST 100 list which maintained by JUST Capital and recognizes America’s best corporate citizens. Devon was ranked No. 80 on the list out of 937 companies. It was also the second highest of 23 oil and gas companies. The JUST 100 identifies companies that set the …
Tulsa’s NGL Energy Partners LP recently closed $2.9 billion in refinancing transactions. The company, in an announcement, said it used its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp. to make the closing. The refinancing consisted of their previously announced $2.2 billion senior secured notes offering of $900 million in …
While fans of renewable energy are promoting solar farms to provide electricity, it’s not so easy to convince neighboring landowners of the value of solar farms because of the amount of acres taken off farmland production. Take for example the recent case of a farming family in eastern Kansas where their farm has …
Paperwork is expected to be filed soon with federal energy regulators by Tulsa’s Williams Cos. to move ahead with expansion of a large pipeline in the Southeast. Williams has yet to publicly comment on the proposed Southeast Supply Enhancement project which would provide reliable natural gas delivers to Virginia, the Carolinas, Georgia and Alabama …
A Federal Judge’s recent order that Enel Green Power remove the 84-wind turbines it installed on the Osage Nation in Oklahoma is giving hope to other tribes across the U.S. The wind farm has been in operation for nearly a decade but the Osage Nation, which encompasses Osage County, challenged the Italian energy company’s …
Wyoming is to be home to a $230 million wind farm by AES Corp., the firm that once owned Oklahoma’s Shady Point power plant in the eastern part of the state. AES, based in Virginia has wind farms throughout the world and plans to construction near Glenrock, Wyoming, a town located east of Casper. …
** Strong winds and rain have knocked out power for nearly 600,000 customers in California, particularly along the coast, according to the tracking website PowerOutage.us. Winds reached 98 mph in Santa Clara, and the San Francisco International Airport saw winds near 60 mph. ** Bank of America backtracks on its commitment not to finance new coal mines, …
