As President Trump prepared to carry out his tariff on Canada and Mexico on Saturday, crude oil prices fell on Friday, adding to the week of losses. The 25% tariffs impacted investors and added to a 2.9% loss for the week by West Texas Intermediate crude. Brent fell 2.1% for the week. Both benchmarks …
Oklahoma was one of three oil-producing states that saw an increase in rig activity in the past week, according to the most recent Baker Hughes Rig Report. Oklahoma gained one to reach 45 total rigs, compared to the 42 rigs reported one year ago. New Mexico saw a gain of 4 rigs for a …
The threat of tariffs on Canadian and Mexican crude by President Trump held crude prices in check on Thursday but they managed to make small gains for the day. The President said if Canada and Mexico don’t do more to end shipments of fentanyl across U.S. borders, he will impose a 25% tariff …
ONEOK, Inc. and EnLink Midstream, LLC announced that EnLink unitholders approved ONEOK’s previously announced $4.3 billion acquisition and of the remaining publicly held common units of EnLink. According to preliminary results of the EnLink Special Meeting of Unitholders, approximately 99.8% of the common units voted, or 379.1 million units, were cast in favor of …
The Climate Change challenges facing the Trump administration. They’re discussed and explained by geopolitical scientist Peter Zeihan.
Soon those empty House seats at the state capitol till be filled. So will the gallery as it is filled with spectators. The Oklahoma legislature returns in full force to the state capitol on Monday and legislators will hear Gov. Kevin Stitt deliver his seventh State of the State Address. Will he address energy …
One measure in the Oklahoma legislature that some in the oil and gas industry will pay close attention to is a bill introduced by Sen. Darrell Weaver of Moore. It is SB 857, which would allow Automatic License Plate Readers or cameras to be used to police criminal activity beyond not having vehicle insurance …
** Energy Fuels Inc. reached an agreement with the Navajo Nation to resume transport of uranium ore on the nation’s territory after a six-month standoff that halted production at the company’s Arizona mine. ** Chevron Corp., investor Engine No. 1 and GE Vernova Inc. formed a partnership to develop natural gas-fired power plants next to …
Halliburton, the company created in Oklahoma, just scooped up a major contract to provide drilling exploration in several offshore fields in Brazil. The now-Houston-based company won the contract award from Petrobras and includes drilling services for development and exploration wells over a three-year period. In this contract, Halliburton will provide iCruise® intelligent rotary steerable system …
Baker Hughes announced the winning of a major contract to help with the anticipated growth of LNG projects under the Trump administration, off-setting the LNG freeze implemented by former President Biden. The energy technology company announced Thursday that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system …
