The imminent return of Iran’s oil to global markets sent crude prices below $30 on Friday. February West Texas Intermediate crude lost $1.78 to settle at $29.42 a barrel on the New York Mercantile Exchange. On the London ICE Futures Exchange, March Bre…
Responding to the recent reports of the deal between Williams Companies and Energy Transfer Equity L.P. as shaky, Williams Board of Directors underlined their commitment to the deal. Calling the media reports market speculation, the Board made the move…
So many Oklahomans attended Friday’s state capitol earthquake hearing that it had to be moved from a meeting room to the House chambers. Representative Richard Morrissette’s hearing provided an avenue for angry Oklahomans to ask questions and dem…
Oklahoma City-based American Energy Partners, LP has reached out and signed an exploration agreement with YPF, an energy firm considered to be the main oil producer in Argentina. Under the agreement signed by Aubrey K. McClendon of American Energ…
Reports are growing of the possibility that the $40 billion merger of Energy Transfer Equity LP and Tulsa-based Williams Cos. might be called off because their stock has taken a huge fall.
The deal was announced last September and was expected t…
The state of New Mexico intends to sue the Environmental Protection Agency over last year’s gold mine spill that polluted the Animas River in Colorado and three other states.
The state filed papers on Thursday claiming that the government had cr…
Crude prices ticked upward on Thursday despite persistent worries over supply and demand. February West Texas Intermediate crude added 72 cents to end trade at $31.20 a barrel on the New York Mercantile Exchange. On its last day as the front month cont…
We’ll know about ONE Gas’ financial performance for 2015 next month. The company has scheduled its fourth quarter and year-end 2015 earnings report on February 17, after the market closes.
Analysts believe the company should make a profit of around 69…
Oklahoma U.S. Rep. Steve Russell finds himself at odds with the White House over the Iranian Nuclear Arms deal that includes allowing Iran to dump huge amounts of oil into the world markets. President Obama is threatening to veto Russell’s Iran Terror…
Sixty dollar oil by the end of the year? It’s what Oklahoma oilman Harold Hamm, chairman of Continental Resources has predicted in an interview with the Wall Street Journal. He made his prediction on Wednesday as oil prices fell below $30 a barr…
