A U.S. Court of Appeals ruled in support of Tulsa-based Helmerich & Payne in a fight dating back 15 years when Venezuela seized at gunpoint control of eleven of the company’s oil drilling rigs in the South American country. The Court of Appeals for the District of Columbia upheld a district court’s rejection …
Those Oklahoma leaders who sought government funding under the Biden administration to develop a regional hydrogen hub with Louisiana and Arkansas might be thankful they didn’t get it. Because after cutting more than $2 billion from 7 hydrogen hubs on the West Coast last week, the U.S. Energy Department reportedly has plans to …
** Republican U.S. senators vote to roll back a land management plan and expand mining, drilling, and development in Alaska, Montana, and North Dakota as part of Trump’s push to expand energy production on public lands. ** The U.S. Senate confirms Federal Energy Regulatory Commission nominees Laura Swett and David LaCerte, giving Republicans a 3-2 …
Data source: U.S. Census Bureau, American Community Survey Data values: House Heating Fuel The Energy Information Administration found an increasing share of U.S. households are using electricity for heating, although natural gas remains the most common heating fuel. In 2024, 42% of U.S. households reported that electricity was their main space heating fuel, according to annual estimates …
Just as crude oil prices in the U.S. dropped below $60 a barrel on Friday, the number of oil and gas rigs in the nation also dropped, according to the latest Rig Count from Baker Hughes Co. The release showed a decline of 2 rigs nationally, reaching a level of 547 total. The …
At least three utilities responded so far to the Oklahoma Corporation Commission’s attempt to comply with a new state law requiring a study of possible nuclear energy generation in Oklahoma. One is suggesting consumers be hit with with the CWIP method of making long term payments while nuclear power plants are being built. …
Crude oil prices plunged more than $2 a barrel on Friday and nearly every Oklahoma stock suffered losses after President Trump threatened to create increased tariffs on China. It proved to be a 3% drop for crude oil while some Oklahoma energy stocks fell as much as 9% during the day’s trading. In …
Another Scott Mitchell talks energy with Jerry Bohnen and in this latest podcast, they talk more about Williams Companies and its venture into New York pipeline efforts. The project to pump natural gas into New York City turned into a hardball political issue for Williams and also for New York Governor Kathy Hochul. Plus, …
The peace agreement reached between Israel and the Palestinian militant group Hamas sent crude oil prices falling Thursday by more than 1%. Oklahoma energy stocks followed with the same kind of losses for the day. West Texas Intermediate crude fell $1.04 a barrel or 1.7% to settle at $61.51 on the New …
ONEOK Prepares for Q3 Earnings After Strong $841M Quarter Tulsa-based ONEOK Inc. plans to release its third-quarter earnings report on Tuesday, October 28, after markets close. The company’s management team will host a conference call the next morning, Wednesday, October 29 at 10 a.m. CST, to review results and discuss future expectations. The upcoming report …
