The nation’s rig count is closer to leveling off in the past week with a decline of only one to 695 oil and gas rigs while Oklahoma added one to reach 44 rigs. Baker Hughes on Friday reported Oklahoma’s count compared to 59 a year ago. The U.S. count included an addition of one …
Without any fanfare, Oklahoma Gov. Kevin Stitt signed a bill to exempt natural gas from the state’s anti-price gouging restrictions. House Bill 2561 was signed into law last month after it won large approval in the House and Senate. The House approved it on a vote of 81-12 in early March while the Senate …
** A shroud of smoke has sent solar power generation in parts of the eastern US plummeting by more than 50% as wildfires rage in Canada. Solar farms powering New England were producing 56% less energy at times of peak demand compared with the week before, according to the region’s grid operator. Electricity generated by …
Dozens of so-called orphaned wells in Oklahoma’s Deep Fork National Wildlife Refuge will be among those to be plugged under the Department of Interior’s investment of nearly $64 million announced this week. The $63.8 million is through President Biden’s Investing in America agenda and Interior Secretary Deb Haaland said it will put people to …
One of the top shareholders in Tulsa’s Magellan Midstream Partners has come out against ONEOK’s $18.8 billion planned acquisition of the company. Energy Income Partners LLC, a 20-year old company that manages $5.1 billion, announced it intends to vote against ONEOK’s deal. It is the fourth largest shareholder in Magellan and has a 3% …
A false report that the U.S. and Iran might be close to a deal on oil exports sent crude oil prices falling more than $3 a barrel before the claim was denied by the White House and the price tumble was stopped. The phony report stated that the U.S. might ease some sanctions in exchange …
The state of New Mexico is being asked to ban certain fracking fluids if they contain those PFAS or “forever” chemicals and the Oil Conservation Commission will consider the request. WildEarth Guardians filed the petition in response to a recent report by Physicians for Social Responsibility indicating oil companies used roughly 9,000 pounds of PFAS in …
Oklahoma Attorney General Gentner Drummond offered an explanation this week why he joined 18 other Attorneys General in launching a legal challenge to the EPA’s approval of California’s ban of diesel powered big trucks. “Extreme climate change crusaders are willing to do any amount of damage to the fossil fuels industry, regardless of the …
Oklahoma regulators plan to hold their annual Summer Industry Roundtable Meeting next week regarding the storage of crude oil. The Corporation Commission’s Petroleum Storage Tank Division will hold the meeting on Monday, June 12 at 1 p.m. The purpose of the meeting is to continue engagement with industry stakeholders, review areas where improvements can …
After taking part this week in a Reuters Global Energy transition conference, Williams President and CEO Alan Armstrong will prepare for yet another conference later this month. He and Chief Financial Officer John Porter will take part in meetings with investors at the 2023 J.P. Morgan Energy, Power & Renewables Conference. It will be …
