Retired Air Force Major General James G. Randolph, who once worked for Kerr McGee in Oklahoma City and later was an Assistant Secretary of Energy for Fossil Fuel at the U.S. Energy Department died earlier in January at Bethesda, Maryland. He was 90, Randolph finished his Air Force Career as Commander of the Oklahoma …
Oklahoma House of Representatives committee assignments and schedules for the 58th Oklahoma Legislature were announced. The House will operate with 30 standing committees and 10 appropriations and budget subcommittees for the two-year session beginning Feb. 1. Committee schedules are available here. House Speaker Charles McCall, R-Atoka, made the committee assignments including those related to energy, utilities …
** Total US propane product supplied climbed 402,000 b/d to the highest level in nearly 14 years in the week ended Jan. 8, Energy Information Administration data showed Jan. 13. ** Joe Biden’s transition team announced its top White House climate aides—Maggie Thomas, a climate adviser on the presidential campaigns of Sen. Elizabeth Warren and Washington …
It should come as no surprise but a published report claims President-elect Joe Biden will cancel the Keystone XL pipeline permit, perhaps on his first day in office. Reuters reported that one source familiar with Biden suggested the $9 billion project will be targeted among his first acts in office and he will take …
The Edison Electric Institute announced OG&E as a recipient of its Emergency Response Award following power restoration from the July severe storm and October ice storm in 2020. OG&E was selected by a panel of judges following an international nomination process, and the awards were presented during EEI’s virtual Winter Board and Chief …
ONEOK, Inc. will release fourth quarter and year-end 2020 earnings after the market closes on Feb. 22, 2021. ONEOK’s executive management will participate in a conference call the following day at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time) on Feb. 23, 2021. The call also will be carried live on …
The more than $13 billion acquisition of Concho Resources by ConocoPhillips was completed in recent days. The acquisition adds 550,000 net acres in the Permian along with 200,000 bbl/d oil output and 719 MMcf/d gas production to Conoco’s holdings. It also increases the firm’s Permian output by six-fold. “This acquisition results in the …
After making significant gains last week, oil futures on Friday dropped and analysts blamed fresh outbreaks of COVID-19 in China for taking the glow off the outlook for energy demand. West Texas Intermediate crude for February delivery plunged $1.21 before settling at $52.36 in trading on the New York Mercantile Exchange. That represents a …
Halliburton announced it carried out the oil and gas industry’s first electric grid-powered fracturing job. The Houston-based company said the new kind of fracturing was done on several pads for Cimarex Energy Company in the Permian Basin and started in November. The Denver-based company not only has been active in Oklahoma but also in …
Baker Hughes Co. reported the nation’s oil and gas rig count increased by 13 to reach 373 in the past week while Oklahoma’s count slipped by one to 17 rigs. A year ago, Oklahoma had 53 active rigs. Baker Hughes said the U.S. total included an increase of 12 oil drilling rigs to 287 …
