The most recent Fire Situation Report from the Oklahoma Forestry Division shows a growing dryness in the state will lead to increased fire dangers in the coming few days. Here is the report issued Thursday: Strong drying conditions today will continue to support the expectation of increased wildfire occurrence coupled with prescribed and controlled …
Even with a fourth quarter net loss of $60 million or 23 cents a share, Denver-based Ovintiv still recorded $1.1 billion or $4.21 per share in full-year net earnings. It also indicated it intends to expand its production efforts in Oklahoma. A firm with a significant exploration effort in Oklahoma, Ovintiv reported it generated …
Facebook’s parent company Meta isn’t stopping at a recent agreement to get electrical power from an Oklahoma wind farm in its data center growth across the U.S. Meta now intends to build a large data center in Louisiana, powering it with a 10,000-acre solar farm, three natural gas turbines and 100 miles of new …
While PHX Minerals Inc. might still be in the hunt for a possible merger or sale, the Fort Worth company plans to release its year end financial results in the coming month. With Oklahoma among its list of core focus efforts, the ccompany will release the results following the close of market on …
Even with a net loss of nearly $400 million in the fourth quarter, it was still a strong quarter for Expand Energy Corporation. “The global need for reliable, affordable, lower carbon energy has never been greater. Our strong fourth quarter results and 2025 outlook clearly demonstrate, as the nation’s largest gas producer, we are …
** Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of the shale giant’s own needs in the Permian Basin while also selling electricity to artificial intelligence data centers in West Texas. ** Holtec International, the Florida-based company seeking to bring back online the decommissioned Palisades nuclear power plant …
Crude oil prices took another hit in Wednesday’s trading and as a result they reached two-month lows following reports of increased fuel supplies in the U.S. even as crude oil stocks declined. Gasoline and distillate inventories made a surprising gaine in the past week. Prices were also affected by a potential peace agreement …
The nation’s crude oil stocks dipped more than 2 million barrels ast of the week of Feb. 21 according to the federal government. But a gain was recorded at Oklahoma’s Cushing Hub. The U.S. Energy Information Administration reported stocks totaled 430.2 million barrels in the most recent reporting week, down from 432.5 million as …
No more “slow walking” of oil and gas permits as the nation saw under the Biden administration. Congresswoman Stephanie Bice (R-OK) introduced the Bureau of Land Management (BLM) Mineral Spacing Act this week. The bill would streamline and improve the permitting process for energy development, remove duplicative regulations, and better respect the rights of …
The Oklahoma Supreme Court is allowing the minutes of a dozen meetings of Oklahoma Corporation Commissioners to be used by Rep. Tom Gann in his lawsuit against the agency. Chief Justice M. John Kane IV signed the order last week after Gann requested the use of a number of documents in the suit he …
