As a point of clarification to our article this week about Oklahoma Corporation Commissioners approving a more than $41 million rate hike for Oklahoma Natural Gas Company, the impact on consumers won’t mean another increase in bills following one in late June. As the Commission pointed out, the actual increase of $1.69 a …
Crude oil prices and Oklahoma energy stocks made gains in Thursday’s trading following news of cuts to Russian gasoline exports. Plus, there was the news that oil major Chevron is getting approval to restart production in Venezuela. It actually sent prices falling before the close of trading. Brent crude, the global standard, rose …
Some of the national media finally caught up with Scott Mitchell talks Energy with Jerry Bohnen’s recent interview and discussion with U.S. Sen. James Lankford about the One Big Beautiful Bill and what it means for American energy. The Senator was on Mornings with Maria on Fox Business this week, telling her, “This is …
Empire Petroleum Corporation, an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced that it has extended the expiration date of its previously announced subscription rights offering pursuant to which it intends to raise gross proceeds of up to approximately $5.0 million, including $2.5 …
Halliburton Company more than doubled its net income in the second quarter. But the firm also admits the oilfield services market is softer than expected and is moving to address the “near term softness.” The Houston firm, which was founded in Oklahoma and remains an active oil and gas force in the state, reported …
NextEra Energy, the company whose subsidiary Persica Solar is in a fight with Wagoner County Commissioners over a proposed solar farm near the town of Porter, released a second quarter earnings report showing an increase to more than $2 billion in adjusted earnings. The Florida-based company’s net income attributable to NextEra Energy on …
Oklahoma City’s Ascent Resources, LLC, one of the largest private producers of natural gas in the United States, has released its 2024 Sustainability Report chronicling the company’s environmental, health and safety; social; and governance efforts and accomplishments in 2024. Jeff Fisher, Ascent’s Chairman and Chief Executive Officer, commented “On behalf of everyone at …
Gulfport Energy Corporation, the Oklahoma City-based firm with activing drilling in the Utica and Marcellus natural gas plays, plans a release of its second quarter earnings report. The financial and operating results will be released after the market closes on Tuesday, August 5. Company leaders will hold a conference call the next morning …
“This is a HUGE win for Missouri landowners and taxpayers who should not have to fund these green energy scams.” The X posting of Missouri Attorney General Andrew Bailey after the Energy Department on Wednesday ended the conditional $4.9 billion loan guarantee for the Grain Belt Express power line that runs from southwest …
Second quarter energy survey results showed that Federal Reserve Bank’sTenth District energy activity fell moderately, with no changes expected in the next six months. Oklahoma is one of the states in the Kansas City Federal Reserve Bank’s Tenth District. Firms reported that oil prices needed to be on average $64 per barrel for drilling to …
