Oklahoma City’s Ascent Resources, LLC, one of the largest private producers of natural gas in the United States, has released its 2024 Sustainability Report chronicling the company’s environmental, health and safety; social; and governance efforts and accomplishments in 2024. Jeff Fisher, Ascent’s Chairman and Chief Executive Officer, commented “On behalf of everyone at …
Gulfport Energy Corporation, the Oklahoma City-based firm with activing drilling in the Utica and Marcellus natural gas plays, plans a release of its second quarter earnings report. The financial and operating results will be released after the market closes on Tuesday, August 5. Company leaders will hold a conference call the next morning …
Second quarter energy survey results showed that Federal Reserve Bank’sTenth District energy activity fell moderately, with no changes expected in the next six months. Oklahoma is one of the states in the Kansas City Federal Reserve Bank’s Tenth District. Firms reported that oil prices needed to be on average $64 per barrel for drilling to …
How’s this for a shift in a state’s anti-oil and gas policies and views? California is stepping in to find a buyer for Valero Energy’s Benicia refinery near San Francisco. It’s trying to save the refinery in a move reflective of its concerns over protecting gasoline supplies. After alll, California has some of …
** Former ComEd CEO Anne Pramaggiore is sentenced to two years in prison for her role in a bribery scheme that involved giving jobs to associates of Illinois’ former House Speaker in exchange for favorable legislation. ** The U.S. Commerce Department’s Inspector General launches an investigation into whether the Trump administration’s staffing cuts at the …
Tariff moves by the White House left crude oil prices steady on Wednesday. Investors weren’t sure how to react to the President’s new tariff deal with Japan and continuing tariff talks with European Union leaders. Global benchmark Brent crude finished down 8 cents or 0.12% at $68.51 a barrel. US standard, West Texas …
Oklahoma Corporation Commissioners gave approval Wednesday to a slight increase in rates for customers of Oklahoma Natural Gas company. The rate hike, totaling $41,078,183 will have an impact of $1.69 more a month on residential customers while low income customers will see a 57 cent increase per month. The commission vote was 3-0. …
The nation’s crude oil supplies fell by more than 3 million barrels in the past week, according to the U.S. Energy Information Administration. At the same time, the Cushing Hub saw a gain in crude oil stocks. The U.S. stocks declined 3.2 million barrels, falling from 422.2 million barrels the week of July …
Eight oil and natural gas trade groups called on the U.S. House of Representatives this week to “take swift action on permitting reform,” otherwise, delays will only threaten the nation’s economic growth. In a letter to Chairman Bruce Westerman ahead of an oversight hearing in the House Natural Resources Committee, the coalition underscored the need to streamline …
When it comes to worldwide electricity generation, there was a nearly 8% decline in April compared to April 2024, reported the International Energy Agency, an energy forum comprised of 29 industrialized countries under the Organization for Economic Development and Cooperation (OECD). In April 2025, total net electricity generation in the OECD reached 833.8 …
