Southwest Power Pool (SPP)announced the pending retirement of a longtime, highly respected member of its executive team and the promotion of another long-tenured leader who will fill the position. Senior Vice President of Operations Bruce Rew will retire from SPP in December of 2025. C.J. Brown will become vice president of operations beginning …
Mach Natural Resources LP plans a release this week of its second quarter earnings report. Details will be made available on Thursday, August 7 after the close of markets. The second quarter 2025 earnings release will be available on the Company’s website at www.ir.machnr.com. A conference call will follow Friday morning at 9 o’clock …
Williams is out with its latest Sustainability Report which offers a review of the firm’s environmental and safety performance and management and details of the company’s efforts on social and governance topics for the 2024 reporting year. The Tulsa-based natural gas firm said its 2024 carbon emissions rate was flat, it became the …
** The Trump administration moves to defund the Chemical Safety Board, which environmental and community advocates worry will leave a regulatory gap in the oversight of hundreds of petrochemical plants along the Gulf Coast. ** Ford’s vehicle sales rose 14% to more than 612,000 in the last quarter, according to earnings that bested analysts’ expectations. …
Three months after Australian-based Woodside Energy told Ardmore city leaders their plan for a hydrogen energy plant was on hold, and strongly hinted it could be cancelled, the firm revealed the project indeed is dead. It was in April when the company suggested the project might not go ahead. An official with the …
Crude oil prices plunged about $2 a barrel on Friday and the tumble sent shock waves through Oklahoma energy stocks as most finished with losses for the day. Analysts blamed a possible production increase by OPEC+ as well as a weaker-than-exepcted jobs report in the U.S. Global benchmark Brent crudefutures dropped $2.03 or …
The day before President Trump’s August 1 tariff deadline, crude oil prices fell by 1%. It seems the uncertainty of some countries who have not negotiated a trade deal with the U.S. affected investors. The White House intended Thursday to reach out to those countries. So far, two-thirds of the nation’s top 18 …
Three months after ConocoPhillips confirmed it planned employee layoffs following the company’s $23 billion buyout of rival Marathon Oil, there are fears the cuts will perhaps soon trickle down to the firm’s former headquarters in Bartlesville, Oklahoma. Rumors, and that’s all they are for now, suggested some of the 1,300 ConocoPhillips employees in …
Oklahoma Corporation Commissioners will hold an August 20 hearing into their annual decision regarding the statewide proration formula for unallocated gas wells for the period of October 1, 2025 through September 30, 2026. The agency’s Oil & Gas Conservation Division has recommended the formula should be set at the greater of 75% of thewellhead calculated …
The description of one publication is that the proposed $4 billion aluminum smeltering plant at Oklahoma’s Port of Inola would be an “energy hog.” It’s how Canary Media described the plant because of the amount of electricity needed in order for it to manufature an estimated 600,000 tons of aluminum a year. The …
