In a new report, Vital Energy of Tulsa indicated it plans a small expansion of its drilling efforts in the Permian Basin where it focuses its exploration. It’s also in the hunt for more acreage in West Texas. The SEC filing 10-K report indicated Vital plans to run four to six drilling rigs and one to …
ONEOK reported nearly $1 billion in net income in the fourth quarter of the year and about $3 billion for all of 2024. The Tulsa-based company gave credit in part to higher rates approved by Oklahoma regulators. “ONEOK’s strong performance in 2024 was driven by contributions from multiple strategic acquisitions, volume growth and fee-based …
** Chevron said on Monday it would reorganize some of its business structures and reshuffle the leadership team, the latest move by the U.S. energy major to simplify its operations. The company has said it would lay off up to 20% of its global workforce by the end of 2026, as it navigates cost overruns and a …
