Crude oil prices dropped in Tuesday’s trading while Oklahoma energy stocks recorded more gains than losses. West Texas Intermediate, considered the US standard, dropped $1.15 and closed at $80.76 a barrel on the New York Mercantile Exchange. The global benchmark, Brent crude, dropped $1.12 and finished at $83.73 a barrel on ICE Futures Europe. …
Alliance Resource Partners, L.P., the Tulsa-based company with major coal mining operations in the eastern part of the U.S. as well as oil and gas investments elsewhere, plans a release of second quarter earnings report in a few weeks. The company announced the release will be before the maraket opens on Monday, July 29. …
ALLETE Inc., the Minnesota-based company with wind farms in Oklahoma plans to release its second quarter earnings report before the stock market opens on Thursday, August 1. Its subsidiary, ALLETE Clean Energy runs the wind farms and is onee of a handful of companies owned by the parent energy company. In addition to its …
Energy Transfer LP and Sunoco LP announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute …
Solar farms used by Entergy Arkansas will be part of a major solar power generation deal announced recently between Entergy Corp. and NextEra Energy Resources. In the past six years, NexEra, headquartered in Florida, has made deal on four solar projects with Entergy Corp. subsidiary Entergy Arkansas LLC, reported Arkansas Business. Click here for …
Investors of ONE Gas, Inc. were informed the company’s board of directors approved a quarterly dividend. The board signed off on a dividend of 66 cents a share of common stock and it will be payable Aug. 30, 2024, to shareholders of record at the close of business Aug. 14, 2024. ONE Gas announced previously …
Had Public Service Company of Oklahoma been allowed to proceed with a proposed $118 million energy center at the Fort Sill Army Post, it would have been possibly ahead of its time. It was this week when U.S. Sen. Markwayne Mullin along with Nevada Sen. Catherine Cortez Masto, introduced an Act to make more …
An apology was made this week by Oklahoma Corporation Commission Chairman Todd Hiett over a reported drunken behavior at a conference last month in Minnesota. The Oklahoman reported the 57-year old Hiett released a statement, saying, “I take full responsibility for my actions and apologize to anyone who was offended by my behavior. …
Major oil and gas companies, including ConocoPhillips, are being sued by Puerto Rico in a lawsuit that accuses the firms over the effects of climate change. The lawsuit seeks at least $1 billion and is the second such lawsuit by two dozen cities and counties in Puerto Rico over the past two years. …
Sen. Lonnie Paxton, chosen this week to be the next Senate Pro Tem succeeding Oklahoma City Sen. Greg Treat, is a name known in certain energy circles in Oklahoma. He was at the center of efforts last year and this year to consider a Right of First Refusal bill in the legislature. The Senator …
