A 9-minute Corporation Commission meeting? It happened Wednesday when Oklahoma regulators met to handle which turned out to be routine business of handling their daily signing agenda docket and the 24-hour signing agenda docket. Commissioner Brian Bingman was absent so the approval of the dockets was handled by Commissioners Kim David and Todd Hiett. …
The nation saw a decline in the amount of crude oil in storage in the past week. The U.S. Energy Information Administration reported Wednesday the U.S total fell 3.8 million barrels, from 426 million barrels total as of July 4 to 422.2 million barrels the week of July 11. The nation’s total also …
Just as we’ve been stressing the importance of the reliability of electric generation in Oklahoma because of the growth of data centers for the AI industry, the same challenge exists in Texas. And recently the Texas Public Utility Commission was handed a report showing the “disorganized integration” of large loads, including data centers …
Some positive news about Oklahoma’s oil and gas industry came this week from the Oklahoma City Branch of the Federal Reserve Bank of Kansas City as it released its latest issue of the Oklahoma Economist, titled “Increasingly Bullish: Natural Gas Rebounds on Rising Demand and Infrastructure.” Growth in drilling activity in Oklahoma outpaced the U.S. …
After increasing the state’s royalty rate to 25% on some activities in the Permian Basin, New Mexico announced the largest total in revenue for its permanent fund and educational endowment. The State Land Office said this week it had $56.4 million in revenue from its July oil and gas leases and it was a …
The Oklahoma Corporation Commission (OCC) has issued guidance to oil and gas operators in the state after receiving a letter issued by the Cheyenne and Arapaho Tribes asserting tribal jurisdiction over certain environmental regulations. “Oklahoma oil and gas operators should know we are reviewing this matter closely and they should be assured the …
** GE Vernova, the energy spin-off of GE, is investing an additional $80 million in its flagship grid solutions factory in Pennsylvania over the next two years to modernize the electric grid and meet growing demand. ** A former mining client of President Trump’s Chief of Staff Susie Wiles and top campaign fundraiser Brian Ballard is …
For a second straight session this week, crude oil prices finished lower in trading. Plus, Oklahoma energy stocks finished deep in negative territory. Analysts explained it was a sign the market is ignoring President Trump’s threats of more sanctions against Russia and countries that buy oil from it. West Texas Intermediate crude fell …
Oklahoma City-based LSB Industries, developer of fertilizer and carbon capture efforts, plans a release of its second quarter financial report toward the end of July. The firm announced its intentions to release the financial results after the close of the stock market on Tuesday, July 29. LSB’s management will host a conference call on …
An Arkansas company has created a method of combatting the existence of those “forever” chemicals. Montrose Environmental Group, through a subsidiary called ECT2 in Little Rock has developed advance PFAS treatment technologies. Its creation involves the use of a foam fractionation process that can capture and concentrates PFAS from water using air injection reported …
