After six straight days of losses, crude oil prices finally held their own on Friday as investors sat back at waited to see the outcome of a planned meeting between President Trump and Russia’s Vladimir Putin. While holding steady though, crude oil prices still finished the week in a slump. Brent crude dropped …
As the nation’s count of oil and gas rigs slipped by one in the past week, Oklahoma saw a gain of 2 rigs to reach a total of 43 active rigs across the state. The latest Baker Hughes rig count, released on Friday indicated Oklahoma’s gain came in the western part of the …
The Southwest Power Pool’s Markets+ program just got another participant—Xcel Energy, Colorado’s biggest electricity provider. Described as short-term, electricity wholesale market, it allows utilities outside the SPP’s 14-state grid, which includes Oklahoma, to join. In Xcel Energy’s case, it is spending $30 million to join the market. Colorado Public Utilities Commissioners recently voted 2-1 …
Helmerich & Payne released its third quarter earnings report showing the Tulsa-based company realized a consolidated net loss of $(163) million, or $(1.64) per share, which includes the impact of a non-cash goodwill impairment charge of $173 million. Adjusted for this and other non-recurring one-time items, earnings were $22 million, or $0.22 per …
Oklahoma’s Williams Company is closer to learning whether New York State might approve its bid to build a 37-mile natural gas pipeline and extend it underwater from New Jersey. The Tulsa-firm has been shut out three previous times, 2018, 2019, and 2020 to build the Northeast Supply Enhancement project, or NESE. After making application …
** Energy Secretary Chris Wright says the administration is reviewing previously published National Climate Assessments and will publish updated reports, calling prior versions unfair in their “broad-based assessments of climate change.” ** According to TechCrunch, Tesla’s sales numbers for the Cybertruck plummeted in the second quarter of 2025 and were not only beaten by the Ford …
BlackRock Inc. has lost a bid in a Texas federal court to throw out a lawsuit filed by Texas, Oklahoma and several other states over its environmental influence on coal producing companies that it had made investments. U.S.District Judge Jeremy D. Kernodle recently ruled after BlackRock, Inc, State Street Corporation and Vanguard Greoup, …
If you think our devoted reports on the booming expansion of data centers in this country is all wrong, then ask yourself why Energy Transfer is spending more than $5 billion to ship natural gas to Arizona. Energy Transfer, the firm with a large Oklahoma City office operation which used to be Enable …
Unit Corporation’s second quarter earnings were double from a year ago, according to the Tulsa firm’s release of its consolidated financial statements for the three and six months ended June 30, 2025. Net income for the three months ended June 30, 2025 was $22.1 million, or $2.22 per diluted share, compared to $11.5 …
An Oklahoma City federal judge has granted a widow’s request to transfer her lawsuit over the 2023 death of her husband at the Wynnewood CVR refinery back to Garvin County District Court. U.S. District Judge Patrick R. Wyrick made the determination in the request of Lacy Foster to transfer the case after it was moved …
