Category: Oil & Gas

Energy briefs

** One of the largest solar-and-storage power generating facilities in the U.S. has come online in Southern California, immediately providing 7% of all of L.A.’s power needs, the Los Angeles Times reported. With the plant’s opening, 64% of the city’s power now comes from renewable sources. ** A U.S. district judge on Friday denied the latest …

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Empire Petroleum secures unanimous victory to advance CO₂ development and protect EMSU assets

  The New Mexico Oil Conservation Commission has given unanimous and favorable approval of Empire Petroleum’s request for rights to the Residual Oil Zone in the Eunic Monument South Unit Unitized INterval in Lea County, New Mexico. After four years of expenditures, Empire, the Tulsa company, received the Commission’s unanimous decision at a public hearing …

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Comparing Trump’s energy moves compared to Biden’s

    On day one of his term in the White House, President Biden wasted no time in attacking the fossil fuel industry in the U.S. He did so by canceling the Keystone XL pipeline. He also issued a moratorium on oil and gas leasing in the Arctic National Wildlife refuge and revoked many of …

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Proposed wind farm on state school land opposed by Woodward County Commissioners

    A proposal by the Oklahoma Commissioners of Land to consider allowing a wind turbine farm on state-owned land could run into a buzz saw come Monday morning. Woodward County Commissioners are so much against the idea, they cancelled their regular Monday meeting and intend to be on hand when the Land Commission takes …

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Williams awaits New York’s pipeline decision

    Environmentalists in New York remain angry over the possibility that Gov. Kathy Hochul will approve the request of Williams Cos. to construct a natural gas pipeline into the state. The public comment period ended over the weekend and now Williams awaits a decision from the Governor and her environmental leaders. Still, activists aren’t …

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Price increases in electricity are a consequence of multiple causes

    By Mike W. Ray Southwest Ledger   The dramatic price increases in electricity across the country can be blamed on multiple factors. One reason is the cost of natural gas. The U.S. Energy Information Administration reports that the average natural gas price for electrical generation in the United States in August 2024 was …

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Executive promotion at Alliance Resource Partners in Tulsa

  An executive promotion has been made at Alliance Resource Partners, L.P. in Tulsa. The company promoted Jesse M. Parrish to Sr. Vice President and Chief Commercial Officer of ARLP’s subsidiary, Alliance Coal, LLC, effective immediately. In Parrish’s expanded role, he will oversee Alliance Coal’s commercial strategy including oversight of the sales, marketing, and logistics functions …

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Southwest Kansas energy company expands operations with acquisition

    A southwestern Kansas energy firm that considers itself as the leading provider of low carbon intensity biofuel announced an acquisition that expands its operations. Conestoga Energy announced its acquisition of SAFFiRE Renewables, LLC, a process technology company that enables production of ultra-low carbon intensity ethanol and intermediates, from Southwest Airlines Renewable Ventures LLC. …

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Rig counts remain unchanged in Oklahoma and the U.S.

    Both Oklahoma and the U.S. held steady in their drilling activity in the past week as the number of oil and gas drilling rigs remained the same. Oklahoma’s count of 43 rigs was unchanged from the previous week, according to the Baker Hughes Rig Count released on Friday. A year ago, the state’s …

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Oil prices fell Friday as Trump and Putin talked about ending the war in Ukraine

    Friday saw crude oil prices drop nearly $1 a barrel and Oklahoma energy stocks also finished the day down. The price fall came as traders waited for the outcome of the talks between President Trump and Russia’s Vladimir Putin. The two arrived Friday in Alaska and immediately went into talks behind closed doors. …

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