** Chevron Corporation (NYSE: CVX) announced that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset. ** The US energy industry’s long nuclear winter may finally be giving way to spring. None other than Westinghouse, the …
Category: Oil & Gas
Tribe’s newly created Environmental Protection Commission sparked response from Corporation Commissioners
Oklahoma Corporation Commissioners and staff are busy looking into what prompted the Cheyenne and Arapaho Tribe’s attempt to enforce its own environmental regulations on oil and gas operations within its tribal boundaries. Commissioners, as OK Energy Today reported last week, quickly responded with assurances to the oil and gas operators that they were …
Crude oil prices increased following suspected Iranian drone attacks on Iraqi oilfields
An attack by drones on Iraqi Kurdistan oil fields Thursday sent crude oil prices up $1 a barrel, a clear sign there is continued risk in the volatile region. Officials believe Iran-backed militias were responsible, although no group has claimed they were behind the attacks. Oil output in the region has been cut …
Aluminum smeltering operator planning Oklahoma plant just expanded its Minnesota operations
Emorates Global Aluminium, the world’s largest premium aluminium producer which announced plans for a $4 billion plant in Oklahoma, recently put its recycling plant in Minnesota into operation. The United Arab Emirates-based firm expanded its EGA Spectro Alloys aluminium plant, a move that added 55,000 tons of secondary billet production capacity in the first …
Oklahoma saw increased gross production tax revenues in June
State Treasurer Todd Russ reported the gross production tax revenues in Oklahoma increased by more than 7% in the month of June. The increase was $6 million or 7.3% compared to a year ago and totaled $89.1 million in revenues for April. “Gross Production Tax held steady, this continued strength may reflect stable …
Williams prepares to release 2Q earnings report
Just a few months after Williams President Alan Armstrong discussed first quarter earnings and declared, “”Our business is firing on all cylinders,” the Tulsa company prepares to release its second quarter earnings report August 4. The release will be made after the market closes on that Monday and the company leadership willhold a …
2Q results coming in late July from Expand Energy Corporation
Expand Energy Corporation, the largest natural gas producer in the United States, plans a release of its second quarter operational and financial results at the end of July. The results will be released after the market closes on Tuesday, July 29, A conference call to discuss the results has been scheduled for July …
Dividend declared at ONEOK
Another dividend was declared by the board of directors of ONEOK, Inc. The Tulsa-based company declared a quarterly dividend of $1.03 per share, same amount as the first quarter. It will result in an annualized dividend of $4.12 per share. The dividend is payable Aug. 14, 2025, to shareholders of record at the …
Energy briefs
** President Trump, joined by industry and political leaders, announced a sweeping federal initiative—potentially totaling $70 to $90 billion in energy investments—aimed at boosting U.S. power capacity to support the explosive growth of artificial intelligence (AI) and data infrastructure. ** The U.S. Department of Energy (DOE) announced the start of a new pilot program to accelerate …
Scott Mitchell talks energy with Jerry Bohnen—a sneak preview of interview with Alan Armstrong
Scott Mitchell talks energy with Jerry Bohnen, a costly turnpike repair, more data center growth and the demand it’s making on the electric-generation industry and—–a sneak preview of an interview with Willliams leader Alan Armstrong.