Category: Oil & Gas

Devon Energy’s oil and gas payments to states topped $1.4 billion

    While Devon Energy made a lot of money in the past year in its oil and gas exploration throughout the U.S., it also paid nearly $1.5 billion in royalties, fees and lease payments to the states where it operates. A Special Disclosure Report filing with the Securities Exchange Commission showed the Oklahoma City …

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Oklahoma regulators face business duties in Thursday session

    Oklahoma regulators plan a meeting Thursday afternoon in Oklahoma City and one of their items at hand will be an update on the agency’s judicial and legal counsel divisions. There will be reports from the Administrative Law Judge division as well as the General Counsel services. Commissioners are asked to vote on a …

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Traders shocked by nation’s fall in crude oil storage

    Traders were caught by surprise Wednesday when the government reported a drop in the nation’s crude oil supplies. But the Cushing Hub in Oklahoma recorded a slight gain. A decline of 600,000 barrels was reported by the U.S. Energy Information Administration as the nation’s supplies fell form 415.4 million barrels the weekend of …

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Seven week high hit by crude oil prices as OK energy stocks soared too

    Crude oil prices hit a seven-week high in Wednesday’s trading, thanks largely to a surprise drop in U.S. weekly crude inventories. At the same time, Oklahoma energy stocks had another strong day in trading with one firm seeing a 24% gain for the day. The drop of inventories only added to a sense …

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Dallas Fed reports drop in 3Q in oil and gas sector

  Activity in the oil and gas sector declined slightly in the third quarter of 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business activity index, the survey’s broadest measure of the conditions energy firms face in the Eleventh District, remained negative but edged up from -8.1 in …

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Energy briefs: Offshore Wind Ruling and Global Energy Shifts

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Energy Briefs: Offshore Wind Ruling and Global Energy Shifts A federal judge ruled Monday that a nearly complete offshore wind project halted by the Trump administration can move forward. This Energy Briefs highlights the setback for President Donald Trump’s effort to limit offshore wind development. Energy Briefs: LNG and Oil Exports at the U.N. Trump …

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Oil Prices Rise Over $1 as Kurdistan Export Deal Stalls

Daily Oil Price Report

  Oil prices climbed Tuesday as a stalled deal to restart crude exports from Iraq’s Kurdistan region helped ease investor fears about oversupply. The development gave energy markets a boost after several days of declines. Global Benchmarks Rebound Brent crude futures settled up $1.06, or 1.6%, to $67.63 a barrel. U.S. West Texas Intermediate (WTI) …

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Huurav Energy to Finance Native-Led Clean Energy Projects

Native-Owned Firm Aims to Bridge Energy Gaps A Native-owned financing initiative called Huurav Energy has launched with the goal of helping Native American energy projects stalled by federal funding cuts. Founded in Parker, Arizona, the company connects investors, philanthropic funds, and green banks with tribal projects across the country. Hundreds of renewable energy efforts on …

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Colorado, States Plan Lawsuit Over Utah Oil Rail Expansion

Colorado and Allies Target Utah Oil Rail Expansion DENVER, Colo. — Colorado and 15 other states are preparing a lawsuit against the federal government over a Utah oil rail expansion project. The plan would increase oil shipments across Colorado and, in some cases, to the Cushing Hub in northern Oklahoma. State leaders argue that the …

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Coterra announces retirement and appointment of a replacement

  Coterra Energy Inc. announced the retirement of one executive officer and the naming of a new one. In the announcement, the oil and gas company said effective September 22, the firm had appointed Gregory F. Conaway, 50, as Vice President and Chief Accounting Officer and as an executive officer of the company. He joined …

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