One thing leaps out when you take a look at the leadership of Mach Natural Resources, an energy firm headquartered in Oklahoma City. The eight leaders share extensive experience with the firm formerly known as Chesapeake Energy, SandRidge Energy and Tapstone. Seven executive officers worked for SandRidge Energy while four others were employed at …
** U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. ** A new lawsuit filed against Subaru and Toyota claims that the two automakers’ jointly developed electric …
When it comes to the election of Oklahoma Corporation Commissioners or the legislators who propose the bills affecting utilities, roads and other energy-related matters, it’s campaign donations and money that helps put them in office. But changes have been made about the rules and regulations controlling the contributions as well as what lobbyists spend …
A few weeks after the Oklahoma Supreme Court consolidated several of the legal challenges filed by three Republican Representatives against Corporation Commissioner Todd Hiett, another lawsuit has been added to the fray. Reps. Tom Gann, Kevin West and Rick West revealed in a recent case filed with the Supreme Court they are not letting …
Crude oil prices experienced a small slide on Tuesday as investors and analysts awaited the outcome of ongoing trade talks between the U.S. and China. Prices for the most part held close to their seven-week high while the talks in London continued for a second day. They settled Monday at their highest since April….Brent …
Just as we’ve been reporting to you about declining rig counts across the U.S. and in Oklahoma, now comes a prediction from the U.S. Energy Information Administration of falling oil prices and lower rig counts. It means more stacked oil drilling rigs and oil prices of $60 or lower. The EIA came out …
Another rate hike for customers of Oklahoma Natural Gas Co. hangs in the balance as the utility takes its $41 million increase request before Oklahoma Corporation Commissioners and one of their Administrative Law Judges on Thursday. ONG is asking regulators to approve an increase of $41,504,750 which would amount to another $3.24 a …
Regulators in Kansas start hearings this week on a move by Evergy to boost residential electric rates by nearly 15%. The Kansas Corporation Commission will hold public hearings on the proposal of adding another $13.05 a month to an average residential customer’s bill. But the commission’s own staff is opposed to Evergy’s rate …
Executives from ONE Gas plans to be part of some European gas forums later this month. The company announced it will participate in the American Gas Association and Jefferies Europe Mini-Forum held June 16-17 in London and Zurich. Robert S. McAnnally, president and chief executive officer, and Christopher Sighinolfi, senior vice president and chief …
A proposed 5,000-well oil and gas drilling project in Wyoming’s Powder River Basin has been approved by the federal Bureau of Land Management. The BLM signed off on the Converse County project, indicating there would be no significant impacts to groundwater resources. The agency added the project, covering 1.5 million acres, could generate up …
