The Oklahoma House on Tuesday ignored the opposition of the Oklahoma Corporation Commission and warnings that ratepayers will be “on the hook” for costs of utility construction projects while they are underway, and it approved SB998. The bill, with slight changes by author Rep. Trey Caldwell, R-Faxon was one that drew opposition from …
Devon Energy’s first quarter earnings came in better than analyst expectations and it was a result of strong oil production and cost management by the Oklahoma City energy company. At the same time, Devon raised its full-year production forecast and lowered capital expenditure guidance. First quarter earnings for Oklahoma City’s Devon Energy actually …
Wait a day and crude oil prices will bounce one way or the other and such was the case on Tuesday when prices rose about 3% because of indications for higher demand in Europe and China combined with lower production in the U.S. Also adding to the jump was the continued tensions in …
Looking back on his 36 years as an Oklahoma Corporation Commissioner, the longest of any utility regulator in the U.S., Bob Anthony stressed to a crowd of nearly 150 who gathered Monday night to honor his service, that honesty was critical to good government and it is the challenge that still exists in …
While Supreme Court Justices are weighing a fight against a proposed oil train carrying crude from Utah’s Uinta Basin across Colorado and eventually to points such as Oklahoma’s Cushing Hub and refineries in Texas, Utah’s crude oil production reached records in 2024. A recent University of Utah report showed Utah produced 65 million …
While Oklahomans are focused on saving Amtrak’s Heartland Flyer in the wake of some concerns about its funding, Colorado is preparing to launch rail passenger service to ski towns and sites in the west and northwest mountains. Colorado Gov. Jared Polis signed a 25-year agreement this week with Union Pacific to resume passenger service …
ONE Gas, Inc. announced first quarter financial results showing increased net income due in part to increased rate hikes compared to a year earlier and at the same time its subsidiaries are asking to rate increases in Kansas, Oklahoma and Texas. Income was $119.4 million or $1.98 per share compared with $99.3 million …
** The Trump administration considers selling oil and gas leases in the Arctic Ocean more than 200 miles offshore, but experts say the industry may not be interested due to resource and legal uncertainty. ** North Dakota lawmakers advance a proposal that could offer up to $500 million in subsidies to support the development of …
While Oklahoma Attorney General Gentner Drummond joined 23 other Republican AGs in suing Vermont over its Climate Act, 18 Democratic attorneys general sued President Donald Trump on Monday, seeking to block the administration’s “categorical and indefinite” pause on approvals for new wind energy projects. New Mexico Attorney General Raul Torrez was among those who argued …
Higher earnings were reported by Williams in its first quarter driven by a $59 million increase in net income while adjusted EBITDA reached $1.9 billion. Net income totaled $690 million or 56 cents a share. Both were higher than a year earlier…net income gained 9% and share income rose 8%. Adjusted net income was …
