October 2024 archive

Supreme Court issues setback in Oklahoma Attorney General’s fight with EPA methane emissions rule

      Oklahoma Attorney General Gentner Drummond has yet to comment publicly, but he experienced a legal setback at the U.S. Supreme Court where he led a challenge of the EPAs stringent rules of methane emissions from oil and gas operations. The Court turned down the request he and other attorneys general filed in …

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Oklahoma Broadband Commission meeting canceled for this week

    If you are an avid follower of the state’s big plans involving hundreds of millions of dollars in federal funding to expand rural broadband service in the state, you’ll want to know this week’s Oklahoma Broadband Commission board meeting has been canceled. It was scheduled for Tuesday morning at 10 o’clock, October 8. …

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Halloween night 3Q release planned by Coterra Energy

  Houston’s Coterra Energy Inc. , another energy firm with exploration and operations in Oklahoma, probably has high hopes of not being “trick or treated” on Halloween night as it releases its third quarter financial report on that date. The company announced its release date will be Thursday, October 31 after the market closes. A …

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3Q financial report date set by Energy Transfer

  After a second quarter of $1.31 billion in net income, Energy Transfer LP prepares to release its third quarter earnings report in early November. The Dallas-based company, with offices in Oklahoma City and operations throughout the state and the nation, plans a release on Wednesday, Nov. 6 after the market closes. A conference call …

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Energy briefs

** Stellantis (STLA) reported another quarter of plunging sales as the company behind brands such as Jeep and Chrysler attempts to fix its so-called “disaster.” The automaker sold 305,294 vehicles in the U.S. between June and September, a 20% decline compared with a year earlier. That follows a second quarter marked by a similar 21% year-over-year decline. ** -Rivian Automotive has …

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Crude oil prices made more gains Friday as tension mounts in the Middle East

Crude oil prices had their biggest weekly gains in more than a year because of the expanded fighting in the Middle East where Israel launched a ground attack on Hezbollah in Lebanon and Iran opened fire with a missile attack on Israel. As a result, nervous investors still feared the attack might lead to destruction …

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ConocoPhillips expands holdings in Alaska oilfields

  ConocoPhillips just made a $300 million acquisition of some of Chevron’s operations on Alaska’s North Slope. The purchase involved parts of the Kuparuk and Prudhoe Bay oil fields which were owned by Chevron USA. The deal is expected to close by the end of the year, according to the Alaska Beacon. Click here for …

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Internal promotions announced at Oklahoma Turnpike Authority

  The Oklahoma Turnpike Authority recently announced three internal promotions. Jeff Garder recently was promoted as the Director of Construction. Ladan Nelson recently was named as the OTA’s Project Coordinator for the ACCESS Oklahoma long-range plan while Nandi Taggert was named the Director of Customer Service. “We are pleased to see these new leaders rise …

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Customers of Kansas Gas Service to see rate hike in November

    Ratepayers of Kansas Gas Service, one of the subsidiaries of ONE Gas in Oklahoma will see their monthly utility bills go up after the firm won a rate hike from the Kansas Corporation Commission. The KCC approved a $35 million rate hike which means the average ratepayers, out of the company’s 650,000 residential …

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Crude oil prices soar by nearly 4% over latest Middle East fighting

Crude oil prices didn’t just gain on Thursday as the Middle East fighting expands and boils over, they soared, going up close to $4 a barrell. And Oklahoma energy stocks shot up as well with one firm seeing a nearly 10% gain for the day. It’s a sign that investors believe Israel’s response to Hezbollah …

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