Williams is the latest Oklahoma energy company to announce a release date for its third quarter earnings and no doubt, its shareholders will be anixous to see if the strong second quarter carried into the third quarter. The Tulsa-based company, with 33,000 miles of pipelines across the country, plans to make the release after …
Oklahoma City-based LSB Industries Inc., a producer of industrial and agricultural chemicals, is part of a group of firms planning construction of an ammonia production plant in the Houston Ship Channel. LSB, led by President Mark Behrman, will build the 1.1 million tons per year low-carbon production and export plant along with Air Liquide Group, …
The government is out with a prediction that Americans will pay less on heating this winter compared to last winter. The U.S. Energy Information Administration report stated that the forecast applies to U.S. households where natural gas is used for heating. There will also be a decline in expenses for homes that use …
Alliance Resource Partners, L.P., the coal company headquartered in Tulsa but with major operations in the east, plans to release its third quarter financial reports later in the month. The release will be made on Friday, October 27 and management will discuss the results during a conference call starting at 9 a.m. Central Time. …
Vital Energy’s board of directors has called for a special meeting in November for shareholders to vote on a proposed doubling of the number of shares held in the Tulsa company. At the Tuesday, November 21 meeting, shareholders will be asked to amend the company’s amended and restated certificate of incorporation to increase the …
Oklahoma officials who were behind a proposed hydrogen hub with Arkansas and Louisiana were left disappointed Friday when the Biden administration chose other clean-energy projects in seven states to be eligible for $7 billion in government funding. The HALO Hydrogen Hub was not among those chosen by the Biden administration. The proposal by the …
The number of active drilling rigs in the U.S. increased in the past week while Oklahoma’s count was unchanged. Baker Hughes Co. released its rig count on Friday showing Oklahoma stayed at 37, same as a week earlier but far below the 65 rigs reported one year ago. Nationally, the count increased by 3 …
Growing concern that a ground war by Israel into the Gaza Strip might widen the fighting in the Middle East sent crude oil prices shooting up nearly 6% on Friday while Oklahoma energy stocks scored strong gains too. The marked increase in prices occurred a week after Hamas carried out a deadly attack in southern …
** Federal authorities say they will not be investigating the Monday derailment of a Union Pacific Railroad train that was carrying Fort Carson equipment home from California. ** Offshore oil and gas permitting under President Biden has fallen to a low the energy industry has not experienced since the Bush administration two decades ago, according to federal …
How’s this for a payout? $151 million. It’s what Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield is in line to receive in the $60 billion acquisition of the company by Exxon Mobil. He’s 71 and has been the leader of Pioneer for more than 20 years. His payout would be mostly …
