** A Tokyo Gas subsidiary has purchased Houston-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion, Tokyo Gas announced Friday. ** The Biden administration plans to launch a formal review of vinyl chloride, the chemical that spilled in the town of East Palestine, Ohio, in February. This review …
Category: General
Unit Corporation offers explanation on payments of three 4Q dividends
Tulsa’s Unit Corporation issued an explanation how it intends to make payments on three fourth-quarter dividends as it previously announced this month. Each of the three dividends will be paid on December 27 to shareholders of record as of the close of business on December 18, 2023. In an announcement, Unit clarified that since …
Arkansas targets two more companies for possible Chinese ownership
Arkansas Gov. Sarah Huckabee Sanders took another step this week to ensure land in her state is not owned by companies in Red China. She explained a state investigation showed two Arkansas companies might have “significant” connections with China and thus, are violating a state land ownership law. The two firms in question are …
Sen. Mullin defends his wealth…bashes GOP Congressman Gaetz
Oklahoma U.S. Sen. Markwayne Mullin’s wealth that was developed in his plumbing and other business interests prior to his entry to Congress sparked an exchange of critical comments between him and Florida Republican Rep. Matt Gaetz. Gaetz took a shot at Mullin’s money and how he earned it by citing the Senator’s increased wealth …
Recycling at Christmas in Oklahoma City
Oklahoma City’s Utilities Department sent out a Christmas notice to city customers about residential curbside recycling. It wants to remind customers about what’s “Naughty” and “Nice” when it comes to recycling—especially if it involves a lot of wrapping paper and cardboard boxes that carried gifts. You can recycle these “Nice” List items: Mail, magazines, …
Brecheen’s small business ceiling fan manufacturer Protection Act
Oklahoma congressman Josh Brecheen is critical of yet another energy rule from the Biden administration that he contends would harm some manufacturers of ceiling fans. That’s why he introduced the Small Business Ceiling Fan Manufacturer Protection Act, which would combat what the congressman feels is a damaging proposed rule from the Department of Energy …
Another “scam alert” sent out by Oklahoma Corporation Commission
The Oklahoma Corporation Commission sent out a “Scam Alert!” this week. In it, the commission cautioned customers that “If you get a “warning of violation” or similar email purporting to be from the Oklahoma Corporation Commission – be wary!” The advisory told those who might receive such an email that urged recipients to click …
Crude oil gained 3% in Thursday’s trading while OK energy stocks made advances
As crude oil prices rose 3% in Thursday’s trading, largely boosted by a weaker dollar and a new international oil demand forecast for next year, Oklahoma energy stocks gained from 4% to 6%. The demand forecast came from the International Energy Agency which lifted its demand forecast for the coming year, a move that saw …
Power group warns of insufficient electricity in some regions this winter
A new report from the North American Electric Reliability Corporation (NERC) predicts a large part of the North American region is at risk of “insufficient electricity supplies” during peak winter conditions this year. In a report to regulators across the country, including those in Oklahoma, NERC declared, ” Prolonged, wide-area cold snaps threaten the …
Phillips 66 sets 4Q earnings report date
Bartlesville employees of Phillips 66, the company formerly headquartered there and now in Houston, will learn the company’s financial results next month. The company wil release the fourth-quarter and full-year 2023 financial results on Wednesday, January 31, 2024. Executive management will also hold a webcast at 11 a.m. Central Time to discuss the results …