The Biden administration is about to give another $800 milllion in federal funds so Oklahoma can proceed with the expansion of its broadband service into rural areas of the state. Mike Sanders, director of the Oklahoma Broadband Office called it a “game changer” as the funds would represent a share of $1.6 billion going …
An investigation is underway to determine whether those forever chemicals are located in well water near Fort Sill and the McAlester Army Ammunition Plant. The Army and the Environmental Protection AGency plans to test the water as well at more than half a dozen Army posts in the states of Alabama, California, Georgia, Kentucky, …
Not only did crude oil prices fall Friday to their lowest levels since January, but Oklahoma energy stocks also tumbled, some as much as 7%. The crude price drop came after the U.S. economy added fewer jobs than expected in July and unemployment rose. West Texas Intermediate, the US benchmark, dropped $2.79 r 3.66% per …
It’s no surprise what Scott Mitchell and Jerry Bohnen lead in their weekly discussion of energy news on Mitchell Talks Energy…. of course it is the scandal surrounding Oklahoma Corporation Commissioner Todd Hiett and the claims he drunkenly tried to grope a man during a convention in June. Not just any man, but reportedly …
Oklahoma state House Democratic leader Cyndi Munson didn’t get a response from Gov. Kevin Stitt this week when she asked him to call a special session of the legislature to impeach Corporation Commissioner Todd Hiett. Her call came after revelations of accusations that Hiett, a Republican, was drunk at a national convention in June and …
The number of oil and gas rigs actively pursuing new production in the U.S. dropped by three to 586 in the past week, according to the latest rig count released by the Baker Hughes Co. At the same time, Oklahoma’s count remained at 35 with no change. A year ago, the state recorded 39 …
** Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale oil firm Pioneer Natural Resources. Exxon delivered a $2.14 per share profit that beat analysts’ estimates on oil production and pricing gains that offset refining weakness. ** A U.S. circuit …
Coterra Energy Inc. is among a handful of oil and gas companies planning to produce more oil this year—more than originally planned. The company joined EOG Resources and Civitas Resources Inc. in admitting such plans, a move seen by some that could see the U.S. supply of oil being larger than expected. The three oil …
ONEOK, Inc. released an annual report highlighting its greenhouse gas emissions reduction efforts and contributions to charity. The Corporate Sustainability Report highlighted the company’s progress and commitment toward environmental, social and governance (ESG) performance. The report is available on ONEOK’s website, www.oneok.com. Report Highlights: Achieved reductions equating to approximately 50% of ONEOK’s total 2030 greenhouse gas …
The second quarter of Denver-based Ovintiv proved to be a strong one with $340 million or $1.27 per share in net earnings and more than $1 billion in cash from operating activities. Known in Oklahoma for its major drilling efforts in the past several years in the STACK, the company second quarter production …
