Nearly three and a half years after a fatal explosion and fire at the KMCO production plant in Crosby, Texas, government investigators put the blame on the company. The firm is no longer in business. Neither is the plant. The US Chemical Safety and Hazard Investigation Board released its report into the April 2, 2019 …
Category: General
Energy producers want OERB open records
Oklahoma’s group of vertical oil and gas drillers have a transparency beef with the Oklahoma Energy Resources Board over its budget processes and how the agency conducts various programs under a series of cole-source contracts. The Oklahoma Energy Producers Alliance, headquartered in Ada, filed an Open Records request to the OERB to learn more …
Vital Energy makes $55 million in more acquisitions in Permian Basin
Tulsa’s Vital Energy Inc. is expanding its Permian Basin holdings with a $55 million acquisition of additional working interests from Permian Basin operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC. It’s part of the independent company’s goal of increasing the acquisition, exploration and development of oil and natural gas properties in …
Judge orders removal of wind towers on Osage Nation land
A Tulsa federal judge came down hard on Enel energy, ordering the company to remove dozens of wind towers it installed on Osage Nation land in northeast Oklahoma. The order came in a lawsuit brought by the Osage Nation which controls virtually the entire county when it comes to energy projects. The suit was …
$1 million fine over hydrogen scam
(Victor J. Blue photo/Bloomberg via Getty Images) A Wyoming man has been sentenced to four years in prison and fined $1 million over a scam of claiming to have developed a “really incredible” hydrogen-powered truck to get people to invest. A federal judge in New York ordered Trevor Milton, 41, to prison after a …
New House Utilities Committee leader named
Okeene State Rep. Mike Dobrinski has been named Chairman of the House Utilities Committee. House Speaker Charles McCall made the announcement of Dobrinski’s appointment as well as that of Lawton Rep. Trey Caldwell to be Vice Chair of the House Appropriations and Budget Committee. “Rep. Caldwell and Rep. Dobrinski are important leaders both in …
Oil prices fell on Friday’s trading and OK energy stocks were mixed
Crude oil prices in the US will have a chance to respond to Friday’s drop, an apparent reaction to Angola’s decision to pull out of OPEC raising hopes that the country could increase crude oil production. But there was also the nagging issue of the Houthi attacks on ships passing through the Red Sea. Oklahoma …
Angola’s exit from OPEC sent crude prices down but Oklahoma energy stocks up
While crude oil prices fell Thursday after Angola announced plans to exit OPEC, Oklahoma energy stocks experienced gains of up to 4%. Angola’s move raised questions about OPEC’s abilities to impact prices by limiting its production supplies around the globe. As a result, West Texas Intermediate crude fell 33 cents to settle at $73.89 a …
Corporation Commission works to make sure agency i-phones are subject to Public Records law
As he raised questions about the use of private I-phones and cell phones by employees of the Corporation Commission, Oklahoma regulator Bob Anthony got a surprise. During Thursday’s meeting, he was informed the agency has 350 business cell phones used by its employees. “I wouldn’t have guessed we had 350 phones,” said Anthony. “I …
Oklahoma sees rig growth while US count falls
The number of active oil and gas rigs in Oklahoma increased in the past week, according to the Baker Hughes Co. rig count released Thursday. Oklahoma’s count gained two to 44 rigs, still far below the 68 active rigs reported one year ago. Nationally, the count dropped three to 620. Baker Hughes reported there …