BlackRock Inc., a major investor in oil and gas operations across the U.S. including those in Oklahoma is trying to persuade Texas pension fund operators it’s not as anti-oil-and-gas as it sounded in the past. The New York City-based company, the world’s largest asset manager with $10 trillion in assets under management as of …
Category: General
Drag queen to run Department of Energy’s nuke waste program
No, that’s not something out of Hollywood. It’s a picture of a top energy department official in the Biden administration. Drag queen Sam Brinton has been hired as deputy assistant secretary of spent fuel and waste disposition in the office of nuclear energy for the Department of Energy. This is the very subject—nuclear waste—that drew the …
US Senator to address water contract ceremony
Sen. Jim Inhofe will give remarks at the City of Enid and Army Corps of Engineers Kaw Lake Water Storage contract signing ceremony on Friday in Tulsa. The Senator’s office said the contract was made possible due to a provision Inhofe authored in Water Resources Development Act of 2020. Read more about this provision here. WHO: Sen. …
Crude oil rebounds as Europe remains nervous over Ukrainian crisis
Crude oil prices rebounded in Wednesday’s trading as the Western World wonders if Russia really is pulling some troops back from the border of Ukraine or simply pulling a stalling tactic. Prices went up more than 1% as investors wondered about the validity of reports that there had been a withdrawal of some Russian troops. …
OERB announces Top Ten teachers award program
The Oklahoma Energy Relations Board announced this week a program to honor teachers. Called the Top Ten Teachers of 2022, the OERB said there’s nothing more important to our future than our teachers. It plans to honor the state’s exceptional teachers and each of the top ten will receive $5,000 and another $2,000 will …
Devon’s Muncrief—just getting started
For Oklahoma City’s Devon Energy, 2021 was a record setting year. But Rick Muncrief, Devon’s President and CEO says the company is just getting started. It’s what he told a conference call this week where leaders of the energy company discussed the quarterly financial results. “While 2021 was a record year, we’re only getting …
Rep. Lucas named a “Champion of Science”
Oklahoma Congressman Frank Lucas was recently honored by the nonprofit The Science Coalition when it named him a 2022 Champion of Science. Lucas is the Ranking Member of the House Committee on Science, Space and Technology. The Science Coalition is a nonpartisan organization of more than 50 of the nation’s leading public and private research institutions. The …
EPA’s Brownfields program gets support from Rep. Mullin
Oklahoma U.S. Rep. Markwayne Mulln reaffirmed his support this week for continued use of the Environmental Protection Agency’s Brownfields program for rural and Tribal communities. He did so during a House Energy and Commerce Subcommittee on Environment and Climate change hearing. Oklahoma is considered a national leader in the use of the Brownfields program. …
Improved quarterly earnings for PHX Minerals
PHX Minerals Inc. turned its financial situation around as first fiscal quarter results of 2022 showed net income of $6.7 million rather than losses that it experienced in the fourth quarter of 2021 and a year earlier as well. Net income amounted to 20 cents a share compared to a $3.8 million and 14 …
Environmental board to update rules
The Oklahoma Environmental Quality Board meets this week for the first time in 2022 and at hand will be a number of steps to update rules and regulations covering a variety of issues. The Friday morning meeting in Oklahoma City will include regulatory amendments covering Radiation Management, Air Pollution Control, Hazardous Waste Management, Brownfields, …