Oklahoma Attorney General Gentner Drummond isn’t finished taking on the EPA. The same week he announced his candidacy for Governor, he and 22 other state attorneys general filed a petition for review in the United States Court of Appeals for the District of Columbia Circuit to sue the U.S. Environmental Protection Agency (EPA) for adopting …
Months after struggling to secure a firm source of funding and of watching its shares lose value on an almost daily basis, the people behind Canoo decided Friday to park the EV venture, flat tires and all and filed for Chapter 7 bankruptcy. Since it’s not a reorganization or Chapter 11 bankruptcy filed …
Helmerich & Payne, Inc. announced that it has completed its acquisition of KCA Deutag International Limited , establishing a global leader in onshore drilling. The deal, originally announced in July 2024, involved an acquisition for $1.9725 billion in cash. President and CEO of H&P, John Lindsay, commented, “We are excited to complete this transformative …
The nation saw a drop of 4 oil and gas rigs in the past week, leaving 580 still active across the different states, according to the latest Baker Hughes rig count released Friday. Oklahoma remained at 43 rigs, the count from the previous week and one more than the 42 rigs reported a year …
** Dozens of climate protesters with Sunrise Movement LA rallied outside Phillips 66’s Los Angeles Lubricant Terminal on Thursday morning, with 16 demonstrators storming the facility’s office building. Sunrise Movement LA is demanding big oil companies, including Phillips 66, “pay up” to support wildfire relief and aid the state’s transition to clean energy. ** Nevada residents …
Crude oil prices will start the new week after closing on Friday with losses. Oklahoma energy stocks also finished in negative territory. What prompted the fall in oil prices? The U.S. sanctions against Russia left supplies tight in Europe, India and China and left investors and traders worried about supply disruptions. West Texas Intermediate …
Energy was the focus of two of the U.S. Senate confirmation hearings on Thurday, one featuring former North Dakota Gov. Doug Burgum, the president-elect’s choice for Interior Secretary and the other on Lee Zeldin at the Environmental Protection Agency. After firey hearings earlier in the week on other nominees, Burgum and Zeldin fared well …
After two days of gains, crude oil prices slipped in Thursday’s trading, mostly because of an anticipated halt in rocket and missile attacks by Yemen’s Houthi militia on ships in the Red Sea. As Reuters reported, maritime security officials said they were expecting the Houthi militia to announce a halt in its attacks on …
More than two months after a state law took effect allowing Oklahoma Corporation Commissioners the ability to meet privately without prior notification to the public, the agency started working this week on complying with the Act. The so-called Corporation Commission Efficiency Act was adopted in 2024 by the legislature and signed into law, taking …
The three Republican legislators who challenged the Oklahoma Corporation Commission’s $127 million rate hike awarded last year to Oklahoma Gas and Electric have been given a January 24 deadline to comply with the Oklahoma Supreme Court. Reps. Tom Gann, R-Inola; Kevin West, R-Moore; and Rick West, R-Heavener, filed an appeal Dec. 19 with …
