The head of the advocacy group, Americans for Free Markets says Oklahoma Attorney General Gentner Drummond has it wrong in defending the state’s anti-oil discrimination act, the one called the Energy Discriminations Eliminations Act. John Wittman, executive director of the coalition of groups in support of free markets and economic growth, recently wrote how …
Unit Corporation in Tulsa announced that its board of directors declared cash dividends for the fourth quarter and a special payment to shareholders. a quarterly cash dividend of $1.25 per share of common stock for the fourth quarter of 2024 to be paid on December 27, 2024, to shareholders of record as of …
Oklahoma City-based drone manufacturer Kratos was among U.S. military drone producers sanctioned this week by Red China in protest over the US arms sales to Taiwan. It represented mainland China’s sixth round of sanctions against American defense contractors. Beijing, upset about the sales to Taiwon, hit Kratos and 12 other US defense companies along with …
The decision by OPEC+ to delay restarting its oil production growth by three months initially sent crude oil prices climbing on Thursday—then they settled lower about supply concerns. Reuters reported the Organization of Petroleum Exporting Countries and allies, better known as OPEC+, decided to wait three months before restarting increased oil production. It was …
The controversial Unita Basin Railway, the one that would transport oil from Utah, across Colorado and eventually to the Cushing Hub in Oklahoma, prompted U.S. Supreme COurt Justice Neil Gorsuch to recuse himself this week from the case. Arguments are scheduled for Dec. 10 but Gorsuch once was an attorney for Denver billionaire Philip …
After a contentious hearing in which Oklahoma Corporation Commissioner Bob Anthony attempted to question Oklahoma Natural Gas attorneys about their knowledge of any details of the sexual claims made against commissioner Todd Hiett, an Administrative Law Judge on Thursday ruled against a state legislator’s complaint against Hiett to have him removed from the …
** President-elect Donald Trump has selected Jared Isaacman, entrepreneur, pilot, and all-around space enthusiast, as the next NASA administrator, marking a major shift in the space agency’s leadership. ** A Chinese hacking campaign that has spied on the texts and calls of U.S. citizens by hacking telecommunications companies is significantly larger than previously known to the …
One Oklahoma legislator thinks it’s time the state lowered the gross production tax on oil and gas. Sen. Dusty Deevers, R-Elgin, issued the following statement regarding Oklahoma energy policy reaffirming his commitment to an Oklahoma First agenda of low energy costs and government efficiency. “Oklahomans have been very clear on their desire for …
Tulsa’s Williams Cos. CEO Alan Armstrong talked this week about the “very large lawsuit” the company brought against Energy Transfer in a fight over pipeline crossings in a Louisiana project. Armstrong, in an interview with Argus, explained how the suit was necessary because of a legal spat between the companies delayed construction of …
ONEOK, Inc. announced the completion of MB-6, a 125,000-barrel per day (bpd) natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system….projects designed to replace a fractionator lost in a 2022 explosion and fire in northern Oklahoma. The completion of MB-6 increases …
