The Oklahoma Department of Environmental Quality has advised the Sardis Lake Water Authority, located in Pushmataha County because of what it called “high turbidity” and “inadequate water treatment process.” The DEQ said the boil order was not related to the Coronavirus or COVID-109 pandemic and it remained continue to continue to wash hands during …
Many of the Oklahoma energy companies that saw consecutive days of increases in their stock couldn’t finish the week on Friday as shares dropped on the stock market. Alliance Resource Partners dropped 2% or 5 cents to settle at $2.78. Blueknight Energy Partners closed at $1.44, down 9 cents for a 6% slide. Chesapeake …
Oil futures ended lower on Friday after Reuters reported that oil firms in Norway reached a wage agreement with labor union officials, ending a strike that could have led to 25% reduction in the nation’s output next week. U.S. prices, however, scored a weekly gain of 9.6% with most energy production in the Gulf of Mexico shut down …
An Edmond, Oklahoma energy company, Wake Energy LLC has filed a breach of contract lawsuit in Wyoming federal court against Houston’s EOG Resources. Wake Energy maintains that EOG has failed to pay royalty proceeds on time, as well as the accompanying interest from failing to meet those deadlines to those who are owed …
** The League of Conservation Voters Victory Fund said Thursday it will spend $2 million in digital and cable ads attacking oil companies and President Donald Trump for exacerbating climate change. ** The big clean energy project to watch at Dominion is happening in the waters off Virginia. In fact, the utility recently completed the …
After 40 years in the energy industry, scientist and author Jack Kerfoot, a native of Tulsa now living in Portland, Oregon makes the claim that Oklahoma is well-positioned to become a leader in renewable energy. He recently espoused his views in an interview with KRMG radio of Tulsa and explained that he once sat down …
ConocoPhillips announced an increase in its quarterly dividend amounting to 43 cents per share. The dividend is payable on Dec. 1, 2020, to stockholders of record at the close of business on Oct. 19, 2020. The dividend amounted to a one cent increase over the quarterly dividend of 42 cents per share announced in …
The latest rig count provided by Baker Hughes Co. showed a slight increase of 3 rigs nationally while Oklahoma’s most recent numbers were unchanged from the previous week. Otherwise, the countless number of oil rigs in storage are gathering more and more dust as they sit unused. Oklahoma’s count held steady at only 12 …
Former Oklahoma Corporation Commissioner Patrice Douglas voiced her concerns this week about what she called “the real consequences of anti-pipeline activism.” Writing in the Tulsa World, the former Commission chairwoman said, “Underlying most anti-pipeline activism is a fundamental misunderstanding of the rigor of the permitting process. She explained that most pipeline projects, whether they …
Kansas, Missouri, Nebraska and Iowa are among 14 states receiving $22 million in U.S.D.A. grants to help gas stations, convenience stores and fuel distribution sites to upgrade pumps and fuel lines as part of a program to increase higher blends of ethanol fuel and biodiesel. U.S. Secretary of Agriculture Sonny Perdue announced the grants …