Yes, the CVR Refinery in Wynnewood was one of the small refineries that received an EPA rejection last week of a bid for waivers from biofuel blending mandates. And CVR plans to put up a fight over the decision by the Environmental Protection Agency. “We will continue to fight for our rights that we …
** A trusted FBI informant told agents in 2020 that Hunter Biden was hired by Burisma Holdings to use his father to help “protect” the Ukrainian gas firm from problems, including an effort to “take care of’” a Ukrainian prosecutor who was investigating the company for corruption, according to an explosive document released by Sen. …
When Kansas won the competition with Oklahoma over selection of a $4 billion Panasonic battery plant, one thing it didn’t consider was the amount of electrical power needed for its operations. Now Evergy, the largest utility in Kansas, says it will ask for a rate hike to pay for the additional infrastructure needed to …
Another set of Blaine County wells was completed this spring by Devon Energy Production Company. Devon reported the two Pork Chop wells, drilled on a single pad at 3 14N 11W, a site about 1 mile southeast of the community of Greenfield, had combined production of 679 barrels of oil and more than 14,000 Mcf …
A mineral rights fight involving a private land owner and a New Mexico oil company resulted in a Supreme Court decision this month which sided with the oil firm. Justices agreed that Premier Oil and Gas of Artesia had properly and legally acquired the mineral rights from the previous land owners. The heirs of …
Most Oklahoma energy stocks traded higher on Wednesday while oil prices edged lower after investors took profits on earlier gains on tighter U.S. crude supplies. West Texas Intermediate crude fell 40 cents to $75.35 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, dropped 17 cents a barrel and settled at …
Halliburton Company’s second quarter earnings fell from the first quarter, despite a slight gain in total revenue according to an announcement. Net income was $610 million or 68 cents a diluted share cmopared to $651 million and 72 cents in the first quarter of 2023, according to a Wednesday announcement by the Houston-based company …
Summit Utilities Inc., an Arkansas company that has customers in Oklahoma and is also regulated by the Oklahoma Corporation Commission, wants to resume its plan of disconnecting customers and charging late-fee penalties later in the summer. And that’s where the rub lies with Arkansas regulators after the firm said it had more than 43,000 …
The latest figures from the U.S. Energy Information Administration show crude oil storage slipped in the past week at the Cushing Hub in northern Oklahoma. The EIA listed storage at 38.3 million barrels of oil as of July 14, down slightly from the 41.2 million recorded July 7 of this year. Cushing held 42.8 …
Baker Hughes Co. had a big second quarter, seeing a 25% increase in revenue which totaled $6.3 billion and having a 28% jump in orders totaling $7.5 billion. The company reported it resulted in $410 million in net income, a gain of $1.248 millon from the previous year. Adjusted net income came to $395 …
