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Volunteer Week has meaning for Williams employees
In a nationwide show of community support, hundreds of Williams employees will give their energy to complete more than 150 projects across 17 states as part of the company’s inaugural Volunteer Week, April 22-29. Projects range from outdoor beautification to volunteering in elementary school classrooms to helping at food banks. A list of organizations …
White House now says it was ‘forced’ to renew oil and gas leases
After blaming Russian leader Vladimir Putin for causing an increase in gasoline prices in the U.S., the Biden administration now says it was forced by a court ruling to restart oil and gas leasing on federal lands. The latest finger-pointing came after President Biden drew considerable criticism this week from climate activists who contended …
Colorado legislators push bill mandating EV chargers at new buildings
Some Colorado legislators think there should be a law requiring new major buildings to include electric vehicle charging stations. A bill won approval in the Colorado House that would require new commercial buildings to have EV charging for 10% of the parking spaces and force new multifamily apartment buildings to including 20% of parking …
PSO’s push for more renewable energy
The biggest environmental story in Oklahoma this year? Public Service Company of Oklahoma is making the case for its Traverse wind farm which opened this year. With the approach of Earth Day, PSO says the three-wind farm project, the largest wind farm built at one time in North America will help the company move its …
Laredo Petroleum strengthens borrowing ability
Laredo Petroleum reached a new credit agreement that increased the Tulsa company’s borrowing base from $1 billion to $1.25 billion. The company filed a report this week with the Securities and Exchange Commission indicating it entered in to an Eighth Amendment to its restated credit agreement. Wells Fargo was the administrative agent. The amended …
ONE Gas seeks more investors at conference
ONE Gas, Inc. announced it will participate in the American Gas Association Financial Forum on Tuesday and Wednesday, May 17-18, 2022, in Miami Beach, Florida. Robert S. McAnnally, president and chief executive officer, Caron Lawhorn, senior vice president and chief financial officer, and Curtis Dinan, senior vice president and chief operating officer, will …
Governor receives energy choice bill from legislature
Legislation ensuring Oklahoma consumers have access to energy of their choice has moved to the Governor’s desk after passing the Oklahoma House of Representatives 77-5. Senate Bill 1352 creates the Consumer Energy Choice Act, which prohibits cities, towns, and counties from adopting rules that limit consumer access to energy sources. The bill was carried in …
Gulfport Energy sets 1Q report date
Investors in Oklahoma City’s Gulfport Energy Corporation will likely be anxious to hear the company’s approaching first quarter 2022 financial results. On Tuesday, Gulfport announced it will release the quarterly financial results on Tuesday, May 3 after the close of markets. On Wednesday, May 4 at 8 a.m. Central Time, executive leadership will hold a …
More energy news headlines
** Oil prices could spike to $185 a barrel if EU abruptly banned Russian crude, JPMorgan said Tuesday. A full and immediate embargo would displace 4 million barrels per day of Russian oil. ** A shortage of solar modules due to the Commerce Department’s probe of four Southeast Asian nations has put 65 percent of new …
Baker Hughes reports 1Q drop in earnings
Baker Hughes unveiled its first quarter earnings on Wednesday, showing a drop in revenue, operating income and adjusted earnings from the previous quarter, but increases from a year ago. The company stated its revenue of $4.8 billion for the quarter was down 12% from the fourth quarter but 1% higher than a year ago. …