An administrative law judge with the Oklahoma Corporation Commission delivered a victory Thursday to State Rep. Tom Gann, one of three legislators who sued to prohibit Commissioner Todd Hiett from participating in a rate case for Oklahoma Natural Gas. In winning the case to be heard as a customer of ONG, Gann also delivered …
A new study concludes that steps taken by the Oklahoma Corporation Commission’s Induced Seismicity Department to limit where and how much oil and gas wastewater is injected underground are reducing the number of strong earthquakes residents experience. A report published by the Seismic Record of a study conducted by Robert Skoumal of …
Entergy Arkansas wants approval of a more than $83 million rate hike that would raise average utility bills for customers by another $5 a month. It represents a 4.25% increase but the utility’s fourth consecutive annual increase has run into opposition from Arkansas Attorney General Tim Griffin. He calls the increase “artificially inflated” …
The U.S. Energy Department just handed out more than $2 billion this week to two projects creating regional U.S. hydrogen hubs, the kind of project Oklahoma failed to land in an agreement with Arkansas and Louisiana. The department committed up to $1.2 billion in federal cot share for the Gulf Coast Hydrogen Hub in …
** Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain. The multiyear deal will cover the supply of as much as 100,000 tons of lithium carbonate from Exxon’s planned project …
Crude oil prices finished lower on Wednesday as U.S. crude stocks rose more than analysts anticipated over the past week. Gasoline stocks were also on the up side. Losses were slowed somewhat by the nagging worries about the growing war between Ukraine and major oil producer Russia. West Texas Intermediate crude’s December contract, the …
Summit Carbon Solutions, the Iowa company wanting to build a large network of carbon capture pipelines in the upper Midwest is trying again to win approval of part of its project in South Dakota. This time, the company’s request included what it called “major reroutes” as it applied to South Dakota regulators. Summit, the …
A year after Oklahomans paid an average of $2.85 a gallon for gasoline, prices this week are down to an average of $2.56 a gallon. It should make a cheaper drive for those on the road for the coming Thanksgiving Holiday. The American Automobile Association said Oklahoma’s average fell 4 cents over the past …
Whether the nation’s oil and gas industry responds to President-elect Donald Trump’s “drill baby drill” campaign is one thing. One thing it will celebrate will be his vows to remove permitting restrictions implemented and enforced by the Biden administration over the past three and a half years. What else can a Trump administration do …
Oklahoma City’s Expand Energy Corporation announced a half-billion dollar cash tender for its outstanding senior notes. The firm said the offer extends to all of its outstanding 5.500% Senior Notes due 2026 and all of its outstanding 8.375% Senior Notes due in 2028. Tender Offer Expand Energy has commenced the Tender Offer for …
