Baker Hughes announced the winning of a major contract to help with the anticipated growth of LNG projects under the Trump administration, off-setting the LNG freeze implemented by former President Biden. The energy technology company announced Thursday that it has been awarded a major contract to provide a modularized liquefied natural gas (LNG) system …
Zeldin confirmed as EPA Administrator
The U.S. Senate on Wednesday confirmed former New York congressman Lee Zeldin to be the new administrator of the Environmental Protection Agency. He was confirmed on a 56-42 vote as three Democrats, Mark Kelly of Arizona, John Fetterman of Pennsylvania and Ruben Gallego of Arizona supporting his nomination. Sens. Cory Booker (D-N.J.) and Jon Ossoff (D-Ga.) abstained …
Crude oil reaches lowest price of the year
Crude oil prices fell to their lowest level so far this year on Wednesday after U.S. stockpiles rose more than expected. As OK Energy Today reported earlier, U.S. crude stockpiles gained 3.46 million barrels in the past week. One of the causes was a drop for the third consecutive week in refiner intake. West …
Gains in crude oil stocks at Cushing and the US
Gains in the amount of crude oil in storage were recorded by both the U.S. and the Cushing Hub in the most recent reporting period. The U.S. Energy Information Administration reported Cushing saw an increase of 300,000 barrels of crude oil, from 20.7 million reported the week of Jan.17 to 21 million barrels during …
ONEOK extends oil delivery deal over Cushing Hub’s delivery
ONEOK is sticking with an arrangement to transfer and price crude oil with a Houston-based operation rather than the Cushing Hub. The announcement this week came from Intercontinental Exchange, Inc., a leading global provider of technology and data. It stated that Enterprise Products Partners L.P. and ONEOK, Inc. have extended their fee waiver arrangement between …
Scott Mitchell talks energy with Jerry Bohnen and the Ethics probe of Todd Hiett
Electeds behaving badly? It’s the topic of Scott Mitchell Talks Energy with Jerry Bohnen. They review the state Ethics Commission move to reveal it is investigating complaints against Corporation Commissioner Todd Hiett.
New Mexico’s next governor could be former Interior Secretary Haaland
As former North Dakota Gov. Doug Burgum awaits a confirmation vote this week in the U.S. Senate, what about the woman he is expected to replace? Remember Deb Haaland, the former New Mexico congresswoman chosen by President Joe Biden to be his Interior Secretary? The 35th generation New Mexican who is a member of …
Speaker’s anti-energy corridor resolution raises a big question
When the Oklahoma legislature goes into session on Monday, one of the measures it will consider is House Speaker Kyle Hilbert’s proposal to fight any proposed energy transmission corridor in the state. Unanswered is whether the Speaker’s plan is to oppose an ongoing transmission project supported by Invenergy. Hilbert originally filed HCR1001 when word …
No change in dividend announced by Alliance Resources
Tulsa-based coal company, Alliance Resource Partners, L.P. announced its board of directors approved a 70 cent cash distribution to shareholders for the quarter that ended Dec. 31, 2024. The annualized rate of $2.80 per unit will be payable on Feb. 14, 2025. The company, considered the largest coal mining operator in the eastern part …
Kansas farm groups want tax credit to sell more ethanol
Kansas farm groups joined forces with energy companies this week in asking the legislature to support a $5 million annual state tax credit to encourage relucant gas station operators to sell more ethanol made from Kansas-grown crops. They see it as a move to incentivize the operators to expand distribution of E15 fuel. According …