Smart Sand, Inc., the frac sand supply company with an operation in El Reno, Oklahoma as well as in Texas, Wisconsin, Illinois, Ohio and Pennsylvania reported fourth quarter revenue of nearly $62 million and $296 million for the year. “Smart Sand delivered strong operating and financial results for the full year 2023” stated Charles …
(AP Andrew Harnik, File) Iowa Attorney General Brenna Bird led a 9-state coalition this week in joining Oklahoma and 9 other states that filed suit last week against the Securities and Exchange Commission over its new rule forcing public traded companies to reveal some climate-related information to potential investors. “Not only will this …
The same day Empire Petroleum Corporation announced the resignation of Chief Financial Officer and Chief Accounting Officer Stephen L. Faulkner, he went across town to take a similr job with another Tulsa energy company, Vital Energy, Inc. At Vital, Faulkner is the new Vice President and Chief Accounting Officer effective March 29. He …
** A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect investors. The Sierra Club and the Sierra Club Foundation filed the lawsuit on Wednesday in the U.S. Court of Appeals for the …
A four month high was hit by crude oil prices as they rose nearly 3% on Wednesday, thanks to a surprise withdrawal in U.S. crude inventories, including stocks at the Cushing Hub in Oklahoma. Crude prices also responded to a bigger-than-expected drop in US gasoline stocks and possible supply disruptions after Ukrainian drones attacked Russian …
Midway through Sunshine Week, which is observed nationwide each year to celebrate openness and transparency in government, Attorney General Gentner Drummond is highlighting several bills this state legislative session that he said would greatly improve governmental transparency. He issued his support for three bills to improve transparency, but continued his support of another measure …
Crude oil stocks in the Cushing Hub of Oklahoma and across the U.S. declined in the past week, according to new figures released by the U.S. Energy Information Administration. Cushing’s total stocks declined from 31.7 million barrels on March 1 to 31.5 million barrels as of March 8, the most recent reporting date. Cushing …
The Biden administration unveiled a new plan this week to place charging infrastruture for EV freight trucks in high-traffic corridors including Interstates 35, 40 and 44 in Oklahoma. The plan calls for electric freight truck chargers to be deployed initially along key stretches of highway according to the White House announcement. “President Biden’s historic investments …
Back-to-back national champions at the University of Oklahoma. Not a sports team but rather five graduate students at the University’s Mewbourne College of Earth and Energy who recently named winners in the U.S. Energy Department’s 2023 Geothermal Collegiate Competition for their design of a system to heat a greenhouse for the Osage Nation. Another …
Even as the large wildfires that burned more than a million acres of land in the Texas Panhandle and western Oklahoma are still burning but nearly under control, the Texas legislature plans an investigation of its own. House Speaker Dadee Phelan plans to create a committee in a move to make sure Texas …
