The lawsuit led by Oklahoma Attorney General Gentner Drummond in a challenge of the EPA’s new methane emissions limits prompted the SEC this week to delay implementaton of its final rule on climate requirements of the oil and gas industry. The Securities and Exchange Commission announced it will hold off on implementing its own …
Oklahoma’s U.S. House and Senate members who unloaded heavy criticism on President Biden for his 2022 use of the nation’s Strategic Petroleum Reserve to lower gasoline prices no doubt had more criticism over the administration’s latest delay in refiling the Reserve. After announcing in March it intended to acquire 3 million barrels of oil …
A filing by Chesapeake Energy with the Securities and Exchange Commission revealed the Federal Trade Commission has apparently expanded its investigation into the proposed merger of the Oklahoma City energy company with Southwestern Energy based in Houston, Texas. It could mean an anticipated government approval might not occur until the second half of …
(Photo by JACK GUEZ/AFP via Getty Images) The warfare in Gaza and Ukraine prompted crude oil prices Thursday to gain more than a dollar and settle higher than $90 for the day. Global benchmark Brent rude for June finished up $1.30 or 1.5% at $90.65 a barrel on ICE Futures Europe. US benchmark, West Texas …
Oklahoma U.S. Sen. James Lankford took another swing this week at the Biden administration over its attack on the oil and gas industry. This time, he and Wyoming Sen. John Barrasso and other Republican Senators in raising concern to US Treasury Secretary Janet Yellen about targeting the industry with higher production taxes. “We write …
The ranchers, conservationists and environmentalists who spent the past 10 years fighting new oil and gas drilling in the region called the Thompson Divide in central Colorado are finally seeing victory. U.S. Interior Secretary Deb Haaland moved this week to withdraw a broad swath of Bureau of Land Management and Forest Service land …
The 730,000 customers of Entergy Arkansas will see a drop in their utility bills as the utility intends to cut electricity rates in May. The company, in its recent announcement, said average residential customers will see a drop of about $10 a month. Entergy Arkansas is the state’s largest utility and explained the reduction …
Following a first quarter gain in net income, Tulsa’s Helmerich & Payne prepares the release of its second quarter 2024 earnings report later this month. A conference call will be held Thursday, April 25 at 10 a.m. and feature President and CEO John Lindsay, Senior Vice President and CFO Mark Smith and Vice President …
In one of Oklahoma Attorney General Gentner Drummond’s efforts to push back against the Biden Administration’s ceaseless attacks on the oil and gas industry, a federal judge on Monday blocked a highway emissions rule that sought to drive gas-powered cars off the road. “Oklahomans cannot afford the high cost of the Biden Administration’s war …
SandRidge Energy just named a new Chief Operating Officer. The Oklahoma City company’s board of directors named Dean Parrish, Senior Vice President of Operations to become the fir’s Senior Vice President and Chief Operating Officer. SandRidge President Grayson Pranin said Parrish’s compensation will be determined at a later time. Pranin had held the …
