Oklahoma Corporation Commissioner Kim David came out expressing some reservations about OG&E’s huge donation that resulted in the naming of a new State Fair Arena in honor of the utility and vowed the contribution won’t be passed on to ratepayers. The State Fair Board announced the naming of the OG&E Coliseum that is being …
A dollar-a-barrel jump in crude oil prices on Thursday came aftr OPEC+ indicated it would continue with production cuts. But adding to the increase were continued attacks on Russia’s oil refineries and a drop in the U.S. rig count. It also led to gains for Oklahoma energy stocks. West Texas Intermediate crude, considered the …
For those who might recall how a 2023 hail storm in western Nebraska destroyed a Scottsbluff, Nebraska solar farm and its 14,000 solar panels, a similar event occurred earlier this month near Houston, Texas. BREAKING: Hail storm in Damon texas on 3/24/24 destroys 1,000’s of acres of solar farms. Who pays to fix this green …
No one’s revealing how much money Oklahoma Gas and Electric donated, but its contribution to the State Fair of Oklahoma resulted in the new $126 million arena under construction being named the OG&E Coliseum. The final truss was carried into place this week as the Fair made the formal announcement. OG&E became the lead …
The Kansas legislature is attempting to turn up the volume on federal regulators who no longer see a need to require AM radios in cars and trucks. The Kansas House voted this week to support a resolution calling on Congress to force the issue by requiring the installation of AM radios in new vehicles. …
The first LG factory in the U.S. of its kind is busy in Fort Worth, home to LG Electronics which switched from making household electronics and cell phones to manufacturing electric vehicle chargers. New EV chargers are made there and shipped across the country. As the Biden administration pours more and more money …
Oklahoma’s latest earthquake that was actually felt by nearby residents occurred Thursday morning at a site several miles east of Edmond. Measuring 3.1 magnitude, according to the U.S. Geological Survey, the quake’s epicenter was about 5 miles from Edmond with a depth of nearly 4 miles. It was recorded around 10 a.m. It was …
Mewbourne Oil Company President and CEO Kenneth Waits has added another step in his list of appointments. He’s been named to the University of Oklahoma Board of Regents by Gov. Kevin Stitt. A graduate of OU, Waits has been a big supporter of the university and the energy company he leads helped with contributions …
Vital Energy, Inc., in Tulsa reported it had received more than $628 million in cash tender offers for a series of senior notes made available some weeks ago. Based on information provided by the Global Bondholder Services Corporation, Vital said that as of 5 p.m. on March 27, it had received tenders of $431,150,000 for …
As Okahoma’s rig count held steady in the past week,the number of active oil and gas rigs across the U.S. dropped by 3 to 621, reported Baker Hughes Co. in a release on Thursday. Oklahoma remained steady at 44 rigs but was still below the 59 reported by Baker Hughes a year ago. The …
