Crude oil prices finally rebounded on Thursday, rising by more than a dollar a barrel and at the same time, most Oklahoma energy stocks had a strong day in trading. Supply disruptions in Libya and Iraq’s plan to lower output led to the increase in oil prices. Reuters reported more than half of Libya’s oil …
Oklahoma’s drought just took a big leap forward, and not for the good. Consider the pictures of dry land shown on the latest Mesonet report. They show a serious need for some rainfall. State Climatologist Gary McManus, put it this way in his Thursday morning Mesonet update. “We saw another big jump …
Because the Norman City Council voted against the Oklahoma Turnpike Authority’s controversial new toll road through the city and surrounding area, the Authority has responded by canceling plans for frontage roads on the project. The decision applies to the 28-mile turnpike that will not only connect the towns of Newcastle, Blanchard and Tuttle to …
On August 5, 2024, a grand jury in the U.S. District Court of the Northern District of Oklahoma indicted Bryce Daniel Hubbard for one count of interference with the operation of an aircraft. The Tulsa Police Department previously arrested Hubbard for allegedly shooting a firearm at a Tulsa Police helicopter while in flight on …
Electric vehicle manufacturer Canoo, while admitting it still has ongoing concerns about its future and whether it will survive and produce cars at its Oklahoma City manufacturing plant, made it official, recently announcing that it is moving its headquarters from Torrance, California to north Texas. The move comes as Canoo struggles financially and admitted …
Oklahoma City’s LSB Industries, Inc. will take part in two conferences where it hopes to acquire more investors. The company’s EVP & Chief Financial Officer, Cheryl Maguire will take part in both conferences to be held in the coming week in New York City. On Wednesday, September 4, she will attend the Jefferies Industrials …
Two energy companies based either in Oklahoma or with extensive projects in the state will take part in the coming 2024 Barclays CEO Energy-Power Conference in New York City. Both Williams and Coterra Energy executives will be on hand with an interest in presenting company information that might attract more investors. Williams President and …
It isn’t just a brief list of highway projects in Oklahoma that might affect Labor Day motorists this weekend—-it’s a lengthy notification from the Oklahoma Transportation Department and the state Turnpike Authority. And it’s not just projects in Tulsa and Oklahoma City, but all over the state—-so beware. The following construction projects will impact travel …
In nearly $6 billion of two deals, ONEOK, Inc. has acquired more ownership of Enlink Midstream, LLC as well as Medallion Midstream, LLC. It’s an acquisition that just made ONEOK owner of one of the largest midstream operations in the Permian Basin. ONEOK acquired Global Infrastructure Partners’ 43% of EnLink’s outstanding common units and …
** Jobs in the renewable energy sector grew at twice the rate of overall U.S. jobs last year, the Energy Department said Wednesday in its annual U.S. Energy and Employment Report (USEER). ** An internal watchdog criticized the Environmental Protection Agency’s (EPA) top air official for participating in the development of a rule that regulates an industry …
