Crude oil supplies made a big gain over the past week, according to the latest Petroleum Update from the federal government. Cushing recorded an increase of 2.4 million barrels as it went from 22.7 million barrels the week of March 21 to 25.1 million barrels in the past reporting period at the end of …
** A federal judge on Wednesday pressed an attorney for the Environmental Protection Agency about whether the agency broke the law when it swiftly terminated $20 billion worth of grants awarded to nonprofits for a green bank by allegedly bulldozing past proper rules and raising flimsy accusations of waste and fraud. ** CenterPoint Energy has completed the …
Former Continental Resources manager Jeremy Hodges has been named to be the new director of the Oklahoma Corporation Commission’s Oil and Gas Conservaton Division. The announcement was made April 2 but indicated Hodges actually had joined the commission on March 31, 2025, bringing decades of oil and gas industry experience to his new …
It wasn’t the increase in U.S. crude stocks that led to higher crude oil prices on Wednesday but probable increased investor uncertainty over President Trump’s reciprocal tariffs he announced late in the day. Investors fear a global trade war and how it might lead to less demand for crude. As a result, …
** Colorado Gov. Jared Polis signs legislation into law classifying nuclear power as “clean energy” after it passed the legislature with bipartisan support. ** The Kansas City area could add another data center — this one to the tune of $12 billion spread across six buildings in Wyandotte County. ** A company halts the environmental …
Chevron recently concluded a $525 million sale of 70% interest in its East Texas gas assets. Chevron Corporation’s CVX subsidiary, Chevron U.S.A. Inc. made the sale to an affiliate of TG Natural Resources LLC, a firm indirectly owned by Tokyo Gas Co., Ltd and Castleton Commodities International LLC. The sale includes $75 million …
Yes, gasoline prices have taken an upswing in recent days hitting an Oklahoma statewide average of $2.76 per gallon, four cents more than a week ago and five cents higher than a month ago. Nationwide, triple A reports the national average of $3.20 is 7 cents higher than a week earlier. What’s causing the …
ONEOK, Inc. plans to release its first quarter 2025 earnings report at the end of the month. The Tulsa-based company announced the release will be after the market closes on April 29. Members of the firm’s management team will take part in a conference call set for 10 a.m. central time the following day. …
The offer will not be greater than $23.75 per common unit and subject to applicable withholding and without interest. An “unmodified reverse Dutch auction” tender offer requires the holders of Common Units who wish to participate in the Tender Offer to specify the number of Common Units such Unitholder wishes to tender and the …
Williams announced the successful commissioning of the Southeast Energy Connector in Alabama and the Texas to Louisiana Energy Pathway along the Gulf Coast. These fully contracted expansions of the existing Transco pipeline were strategically designed and built to reduce land use and minimize community and environmental impact while delivering additional natural gas volumes to the region. “I congratulate …
