ConocoPhillips and Monkey Island? It’s not Monkey Island at Oklahoma’s Grand Lake but rather a Louisiana-based LNG company that announced it picked ConocoPhillips and its specialized liquefaction technology for the firm’s planned 26 MTPA natural gas liquefaction and export facililty n Cameron Parish, Louisiana. The technology at ConocoPhillips is known as Optimized Casdade Process. …
Dividend announced by Unit Corporation
A dividend of $1.25 per share was announced by Unit Corporation in Tulsa. The energy company said the dividend for the third quarter of 2025 will be paid on September 26 to sharaeholders of record as of the close of business on September 16. The quarterly cash dividend will be funded by cash …
Mitchell talks energy with Jerry Bohnen—exploring Oklahoma’s renewable energy
Legislators get some advice about public policy plans for Oklahoma’s renewable energy. Don’t mess things up! It’s the main focus of today’s Scott Mitchell talks energy with Jerry Bohnen. Plus, the two highlight the growing demand for electricity.
Water concern leads to vote against Buc-ees in Colorado
Buc-ee’s, the Texas-based travel center company that expanded its operations across the nation, has been shot down by a Colorado city and the decision came down to water…not politics nor opposition to increased traffic. The Palmer Lake Planning Commission voted this weeek against a flag pole annexation that would put a Buc-ee’s travel plaza …
Openness and transparency in government decisions?
According to an announcement by the Department of the Interior, the public will know the basis for its future decisions and the reasoning won’t include politics. Too many decisions in the past were often based on politics and the public was left wondering what was really behind them. Was it politics? What was …
House committee to hold hearing into wind tower setbacks
Wind farm setbacks and funding of the Oklahoma Corporation Commission’s Oil and Gas Conservation Division critical mineral strategy will be the focus later this month of an interim hearing to be held by the Oklahoma House Energy and Natural Resources Committee. Scheduled for Monday, September 29 at 9 a.m. , the hearing will also …
OGE honored with Emergency Response Awards
The Edison Electric Institute (EEI) recently awarded Oklahoma Gas and Electric Company (OG&E) two Emergency Response Awards recognizing the electric company’s restoration efforts following the March and May severe weather events. In March, OG&E’s response to severe winds and wildfires in Oklahoma earned them a Recovery Award when a dedicated team of over 700 …
Energy briefs
** Growing international demand is causing natural gas prices to rise, which will in turn push U.S. electricity prices higher now that about 40% of U.S. generation comes from natural gas, according to the Institute for Energy Economics and Financial Analysis. ** U.S. imports of biodiesel and renewable diesel significantly decreased in the first half …
OPEC+ meeting makes investors nervous, sending crude oil prices down
Crude oil prices tumbled more than 2% on Wednesday and Oklahoma energy stocks felt the pain as well with several firms recording losses of 4% and 5%. The oil price plunge came days ahead of the weekend meeting of OPEC+ producers who are expected to support the idea of another increase in production …
ConocoPhillips to lay off 25% of its workforce
No word how it might affect its operations in Bartlesville, but ConocoPhillips confirmed Wednesday it plans to cut it worldwide workforce by 20% to 25%. The slashing of its number of employees is considered be part of a broad restructing. It also sent shares fallling more than 4% to $94.91. ConocoPhillips has nearly 13,000 …