Category: Oil & Gas

Legislator says Corporation Commissioner Hiett’s drunkenness is a “dark spot” on state government

    Rep. Tom Gann, the legislator who was joined by two others in trying to stop Corporation Commissioner Todd Hiett from voting in ONG, OG&E and PSO cases following allegations of sexual assault and public drunkenness, says it was Hiett’s “extremely disturbing” drunkenness that prompted him to go to the state Supreme Court. While …

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Energy workforce study shows gradual workforce recovery

The Energy Workforce & Technology Council announced the release of the 2024 Workforce Report developed in collaboration with Accenture. The report provides a detailed analysis of the current state of employment within the energy services sector, focusing on job growth, workforce composition, and granular insights into diversity metrics. The 2024 Workforce Report offers a comprehensive overview of …

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Southwest Power Pool announces executive changes

  Some changes in the leadership of the Southwest Power Pool were announed this week. Michael Desselle, vice president and chief compliance and administrative officer, will retire from SPP effective January 2, 2025. He joined the organization in 2006 and has more than 40 years of experience in the energy industry. “We’ll definitely miss Michael,” …

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Updated EV charging rates from AAA

  Because of the growth of the number of electric vehicles on the roads across the country, AAA has started including electric prices among its reports on average fuel costs. Oklahoma made the list this week of the top ten states with the cheapest gasoline prices, but it was not in the list for the …

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Empire announces $10 million fund-raising effort

    Empire Petroleum Corporation announced that it has commenced its previously announced subscription rights offering pursuant to which it intends to raise gross proceeds of up to approximately $10.0 million. The Company is distributing at no charge to holders of its common stock one subscription right for each share of Common Stock held. Each …

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Energy briefs

** An estimated 2 million people are without power in the southeast United States and nearly 130 dead following last week’s arrival of Hurricane Helene. ** It’s possible that a man who drove an SUV into a 20-inch Energy Transfer above-ground natural gas liquids pipeline valve station in Deer Park two weeks ago was having …

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Crude oil prices mixed over growing fears of more fighting in Middle East

  Crude oil prices had a mixed response Monday to the growing conflict in the Middle East with Brent crude falling and West Texas Intermediate climbing. What worries investors and analysts is that Israel’s attacks on the Hezbollah might result in a curtailment of Iranian crude oil and as a result prices inched upward. There’s …

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Gas prices make modest increase in Oklahoma

  Gasoline prices in Oklahoma made a slight gain over the past week, climbing 3 cents to a new statewide average of $2.78 per gallon, according to AAA. But the state is still among the nation’s top ten states with the lowest averages. The organization reported the national average of $3.21 per gallon, a penny …

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Energy briefs

** The death toll is up to 102 people in six states since Hurricane Helene made landfall in Florida as a Category 4 storm. It tore through the Southeast and left millions without power and communications. ** Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control …

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Plan to boost oil and gas production in Texas to meet electricity demand wins approval

    The increasing demand for electricity in Texas sparked approval recently of a plan to expand the state’s portion of the Permian Basin. The Permian Basin Reliability plant won approval by the Public Utility Commission of Texas. It came after energy companies and the financial information company S&P Global warned the Texas Commission of …

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