Crude oil prices bounced back after three days of losses at the end of Tuesday’s trading. Oklahoma energy prices responded with increases in some cases and losses in others. West Texas Intermediate crude for April delivery went up 18 cents to $61.67 a barrel. Global benchmark Brent crude for April delivery rose 13 cents …
Even as the Biden administration takes steps that oil and gas supporters contend will increase the nation’s reliance on foreign energy supplies, a US Senate committee this week held a hearing examining ways to reduce the country’s reliance on foreign supply chains and increase US manufacturing. Oklahoma Sen. James Lankford took part in the …
With a growing focus from financial institutions on climate change, another government agency is considering applying more pressure for companies to reveal their climate-related risks. The Securities and Exchange Commission, which deals with publicly-traded oil and gas firms, including those in Oklahoma plans to explore the issue. As The Hill reported this week, the …
New data showed that natural gas emissions increased last year in New Mexico while spills from the oil and gas industry declined. The data came from the Center for Western Priorities which released its annual spill tracker report this week, detailing numbers of oil and produced water spills along with natural gas emissions tracked in multiple …
Small businesses in Oklahoma who deal with the Small Business Administration now get a new SBA administrator. The US. Senate voted 81-17 this week to confirm Isabel Guzman who had been nominated by President Biden She had the support of Oklahoma Sens. Jim Inhofe and James Lankford. As SBA administrator, Guzman will oversee the …
Oklahoma Corporation Commissioners are asked to approve more requests by utilities seeking ways to avoid an immediate and direct pass-through of billions of dollars in February storm costs. One of the requests to be considered at a Thursday meeting of the commission is from Oklahoma Gas and Electric whose parent company, OGE Energy Corp. …
Investment activist Carl Icahn, the billionaire who controls Oklahoma’s SandRidge Energy and refinery operator CVR Energy is at it again. This time, he has struck a deal with Ohio-based utility FirstEnergy Corp. to give him two seats on the company’s board which is being expanded to 14 members as a result of the agreement. The …
A northern Oklahoma Duke Energy wind farm that was opposed by some Newkirk residents who alleged was secretly approved in 2019 by officials has gone operational. The Frontier Windpower II wind farm in Kay County is a 350 megawatt farm and the largest wind power project in the fleet owned and operated by Duke Energy …
Transcontinental Pipeline, part of the Tulsa-based Williams Cos. operations formally came out this week in opposition to a North Carolina extension of the Mountain Valley Pipeline. Attorneys for the pipeline filed documents in court this week calling the “MVP’s proposed location—simply irresponsible.” The Roanoke Times reported the Oklahoma-based pipeline is fighting Mountain Valley’s attempt …
** Warren Buffett’s Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The proposals were disclosed in Berkshire’s annual proxy filing, ahead of the Omaha, Nebraska-based company’s scheduled May 1 annual meeting. ** Halliburton Company announced it awarded a …