Category: General

Crude oil prices had second straight week of gains

  Crude oil prices finished up on Friday and at the same time accomplished a second straight week of gains. A couple of things affected prices. One is the easing of US-China trade tensions and the other is prices were held back by expectations of higher production from Iran and OPEC+. West Texas intermediate crude …

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Drone operator to open technology center at Osage Nation

    The Swiss company WindShape will soon be up and running with its headquarters right outside of downtown Tulsa, near the Osage Casino at Skyway 36. WindShape will be recreating weather patterns to see how drones operate and behave in them to advance technology. Skyway 36 stretches 1,200 square miles within the Osage Nation …

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Oil and gas rig count unchanged in Oklahoma but declining nationally

    As the U.S. recorded a decline in the number of active oil and gas rigs, Oklahoma’s count in the past week was unchanged at 55 rigs. It was a second week for the national count to show a loss. The Baker Hughes rig count released on Friday showed the U.S. count declined by …

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Buc-cees expands eastward but still not in Oklahoma

  While Oklahoma remains Buc-ees-less, the Texas-based company popular with its massive convenience stores along interstates and highways. And it’s stretching its reach to the East Coast. The company recently released a list of where it intends to build new stores this year and sorry Oklahomans, one isn’t near you. New sites are in Mississippi, …

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Energy briefs

** The U.S. House passes legislation that would require federal agencies to analyze the economic impacts of reducing Glen Canyon Dam’s hydropower output to benefit endangered Colorado River fish. ** Peabody Energy says its Powder River Basin coal mine production sold out due to strong U.S. demand. ** Navajo Nation President Buu Nygren urges the …

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Williams begins plans for North Carolina pipeline extension

    The Williams Company is moving quickly ahead with plans to expand a natural gas pipeline in North Carolina. Representatives of the Tulsa-based company gave a presentation in recent days with officials of one of the three counties where Williams plans to add 28 miles of pipeline to its Transco network. Williams intends to …

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Shareholders cast their votes at OGE annual meeting

  Results of the annual shareholders meeting of Oklahoma Gas and Electric were made known following the May 15 voting. Shareholders elected 10 members of the Board of Directors, ratified the appointment of Ernst & Young LLP as OGE Energy’s principal independent accountants for 2025 and also approved the compensation paid to named executives. Shareholders …

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OCC warns of licensing rule enforcement

  The Oklahoma Corporation Commission’s Petroleum Storage Tank Division issued a stern warning in recent days about operators who are tardy in filing “mandatory paperwork.” “Due to an increase in the failure to submit mandatory paperwork, test results, scheduling forms, and/or reports within the required timeframes established, licensees are advised that effective July 1, 2025, …

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Former Biden Interior Secretary accuses Trump of trying to kill clean energy jobs in New Mexico

  Former Interior Secretary Deb Haaland, now a candidate for governor in New Mexico is on her campaign soapbox criticizing the Trump administration for its tax cuts she contends will hurt her home state’s clean energy economy. In a social-media campaign video, the longtime Democrat accused the President of attempting to kill renewable energy jobs …

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Gulfport makes $15 million share buyback

    Gulfport Energy Corporation moved this week to repurchase nearly $15 million of stock from shareholders as part of a $1 billion buyback plan initiated by the Oklahoma City company. As explained in a filing with the Securities and Exchange Commission, the company entered into a purchase agreement with certain accounts managed and advised …

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