An investigation by Reuters into the nation’s lithium development found a confusing mix of who might regulate such large projects as those in southern Arkansas’ Smackover play. It found for example that in Oklahoma, no one seems to know who might regulate any lithium projects. The Oklahoma Corporation Commission contends it has no …
Environmentalists fear there will be an increased amount of flaring of natural gas in the Permian Basin because of a mild winter and a glut of cheap gas. And some Oklahoma firms are among those being watched closely over their Permian Basin operations. “They have to get rid of the gas because it’s going …
Texas legislators have launched their own investigation into President Biden’s recent freeze on future LNG export permits, a White House move that angered not only the oil and gas industry but states such as Oklahoma where there is a heavy presence of the industry. Texas House speaker Dade Phelan announced this week he has formed …
** A major bridge in the US city of Baltimore collapsed early Tuesday after being struck by a container ship, sending multiple vehicles and people plunging into the frigid harbor below. Dramatic footage showed a 300-meter vessel hitting the Francis Scott Key Bridge, bringing the steel-built structure crashing into the Patapsco River. ** An aluminum company has …
The full year 2023 and fourth quarter financial and operating results for Oklahoma City’s Mach Natural Resources LP will be released next week. The company that has oil and gas operations in the Anadarko Basin of western Oklahoma and southern Kansas and into the Texas Panhandle will release the results on Monday, April …
Russia’s decision this week to curb oil output and its attacks on natural gas lines in Ukraine resulted in higher crude oil prices in Monday’s trading. Ukraine’s attacks on Russia’s energy infrastructure also added to increased prices. At the same time, Oklahoma energy stocks recorded gains for the day. West Texas Intermediate crude rose …
In a recent Washington update, Oklahoma Congressman Tom Cole delivered another blast critical of the Biden administration’s latest “Green New Deal” gift—-the President’s freeze on new permits for LNG export terminals. “This short-sighted decision was nothing more than a political move to placate environmentalists at the expense of the American people and our economic …
Another division of the Oklahoma Corporation Commission is planning to hold a roundtable discussion with members of the state’s oil and gas industry. The Oil and Gas Conservation Division announced it will hold an Industry Roundtable meeting on Monday, April 1 at 1:30 p.m. The purpose of the meeting is to promote engagement …
Nearly six months after a one-page audit of ONG’s $1.3 billion February 2021 Winter Storm ratepayer-backed bond financing was sent to the Governor, Oklahoma legislative leaders and the Oklahoma Development Finance Authority, Corporation Commissioner Bob Anthony still can’t believe no one wants a more in-depth audit. In a filing this week, the commissioner expressed …
First there was the tough round of questions from Oklahoma U.S. Sen. James Lankford and now Republican Senators have sent a pointed letter with accusations to Treasury Secretary Janet Yellen. Lankford challenged the administration’s new tax code for not allowing business expenses for oil and gas producers. Then 24 Senate Republican accused the administration …
