Crude oil prices dropped nearly 2% on Tuesday with the end result being $60 oil arrived in the U.S. Both West Texas Intermediate and Brent crude fell to a two-week low as investors continued exhibiting concerns about OPEC+ and its plan to boost oil output along with the Trump administration’s tariffs. The two benchmarks …
ONEOK recorded higher first quarter earnings of $691 million in net income or $1.04 per share compared to a year ago, but below the earnings of the previous quarter. ONEOK recorded improved earnings in the first quarter, revealing $691 million in net income or $1.04 per diluted share. The company had adjusted …
Expand Energy Corporation released first quarter financial results showing more than $1 billion in net cash from its operating activites but also a net loss of $249 million or $1.06 a share. The Oklahoma City company recorded adjusted net income of $487 million or $2.02 per share. While the net cash from operating …
Opponents of a proposed wind farm near Arcadia are disseminating a study about the proposal. The study, launched in 2017 by the Southwest Power Pool grid and not conducted until 2023 determined the connections necessary to provide electrical power would cost $13.5 million. Click here for News 9
Nearly a hundred university students in Oklahoma will be awarded with more than $523,000 in scholarship funds from the Oklahoma Energy Resources Board for the coming academic year. The students are those at state universities studying petroleum-related fields. The 97 students will share in $523,500 in scholarship funds. The Oklahoma Energy Resources Board (OERB), …
A $2 annualized dividend was declared this week by Williams board of directors in Tulsa. The big energy company said approval was for a regular dividend of 50 cents a share which figured to $2 a year per share. The dividend will be payable on June 30, 2025 to holders of record at the …
A proposed Hydroden Hub backed by New Mexico’s Gov. Michelle Lujan Grisham is running into some opposition in the Navajo Nation. Some Navajo leaders are fighting the hydrogen pipeline to be built by Tallgrass Energy and perhaps become the world’s longest at more than 200 miles. The line would stretch from Shiprock in …
A federal appeals court ruled against Trump’s Environmental Protection Agency, determining that the agency illegally approved a Colorado rule that allows the oil and gas industry to release unlimited amounts of air pollution from drilling and hydraulic fracturing without a permit. “Despite the Front Range’s chronic and severe smog problem, Trump’s EPA and Colorado continue …
Gasoline prices across Oklahoma joined other states in recent days in going up for motorists at the pump, reaching a statewide average of $2.74 per gallon. The new average, according to AAA, is three cents higher than a week ago and two cents more than a month earlier. Nationally, the average price for …
City leaders in Ardmore have been told a proposed hydrogen plant by Australian-based Woodside Energy might not happen this year, maybe not next year and maybe never. It might also result in the city of Ardmore losing millions of dollars in preparation for the plant. The same week the company reached a final investment …
