The snail mail news of OG&E’s jump in utility rates arrived over the weekend. The utility slipped into the startling climb in rates by opening, ‘We know you depend on us to energize your home and business and that your top priority for us is reliability.” Further down in the letter came the …
Instead of going off like Thursday’s fireworks on Independence Day, crude oil prices did the opposite on Friday, falling about 1%. Some analysts, according to Reuters, contended that crude prices dropped because of optimism of a ceasefire in Gaza and the optimism outweighed concern that Gulf of Mexico hurricanes would disrupt supplies. West Texas Intermediate …
The latest rig count from Baker Hughes Co. showed the national total gained four rigs to reach 585 while Oklahoma was unchanged with a total of 34 active oil and gas rigs. However, the numbers still reflect the fact that more oil and gas rigs are in storage compared to a year ago. Baker …
NGL Energy Partners of Tulsa was one of 109 customers of BNSF Railway Company honored with the railroad’s annual Product Stewardship Award for the safe transportation of hazardous materials by rail. Implemented in 1997, The BNSF Stewardship Award recognizes shippers who transport a minimum of 500 loaded tank cars of hazardous materials during the …
Coterra Energy plans a release of its second quarter 2024 financial and operating results on Thursday, August 1 as investors wonder if things will be as strong as the previous quarter. The Houston-headquartered company, with operations in Oklahoma will make the release after the close of markets. Company leaders plan to hold a conference …
Investors in Tulsa-based Helmerich & Payne will learn third quarter earnings results later in the month. The company announced it will release the fiscal third quarter 2024 earnings report and hold a conference call on Thursday, July 25 at 10 a.m. central time. President and CEO John Lindsay will be joined by Senior Vice …
Holiday travelers across Oklahoma endured a long list of highway construction projects. The state Transportation Department had warned motorists of the travel slowdowns on interstates, major highways and turnpikes at least through Sunday, July 7. Some of the slowdowns will continue as the projects remain underway. Oklahoma Turnpike Authority US-412/Cimarron Turnpike narrowed at US-64 …
A Louisiana Judge’s ruling that suspended President Biden’s freeze on LNG exports certainly drew a positive response from some in the Texas energy industry. Judge James Cain Jr. of the Western District of Louisiana issued the injunction against the Energy Department’s LNG export ban in a suit filed by a number of states, including …
Oklahoma City has a new 17-mile bus route after it was recently approved by the city council. The new MAPS 4 Bus rapid transit corridor will serve riders in northeast and south Oklahoma City. The route will serve key destinations, connecting communities and resources, and expand equitable mobility options for residents. BRT is a …
The Oklahoma Department of Transportation has announced new directors for its Office Engineer, Project Delivery and Bridge divisions. John Ngoka was named Division Engineer for ODOT’s Office Engineer Division in May. This position oversees the preparation and evaluation of bids on construction contracts. Ngoka has been the assistant division engineer since June 2017, …
