Just days ahead of the planned release of its second quarter financial results, Williams announced a regular dividend of $0.4475 per share or $1.79 annualized. The Tulsa company’s board of directors announced the dividend would be on the firm’s common stock payable on June 26, 2023 to holders of record at the close of …
Headlines of other energy stories
** Energy Secretary Jennifer Granholm on Friday praised a gas pipeline project and called for an independent government agency to proceed “expeditiously” on it. Granholm’s letter in support of the Mountain Valley Pipeline — a project that has also been pushed by Sen. Joe Manchin (D-W.Va.) — comes amid tensions between the senator and administration on energy issues. …
Petroleum Alliance heads to Appeals Court in fight against federal government overreach
The Petroleum Alliance of Oklahoma and six other oil and natural gas associations in Texas and Louisiana contend the federal government has gone beyond its congressional authority in forcing car makers to eventually manufacture electric vehicles. Overreach. The seven groups appealed to the U.S.. Court of Appeals in Washington, D.C. claiming the Environmental Protection …
Supreme Court rules against major oil firms in public nuisance lawsuits
The Supreme Court delivered a setback for Suncor, ExxonMobil and other major oil companies in their fight against climate-change lawsuits, ruling that the suits will remain in state and not be moved to federal courts as the companies wanted. The court’s ruling came this week as local governments in Boulder, Colorado and Boulder County …
Broadband bill a step closer in legislature to being sent to Governor
A bill designed to help the state’s Oklahoma Broadband Office provide hundreds of millions of dollars in expanded rural broadband service, won unanimous support Monday in the Oklahoma Senate. But it’s still a few steps away from possibly being signed into law by Gov. Kevin Stitt. House Bill 1977 was passed on a 48-0 …
OK energy stocks and crude oil prices reversed losses in Monday’s trading
Monday saw Oklahoma energy stocks and crude oil prices make gains for the day as losses recorded last week were reversed, thanks to optimistic investors. They believe holiday travel in China will give a kick-start to fuel demand in the globe’s biggest oil importer. West Texas Intermediate crude rose 89 cents or 1.1% to …
Lankford presses for more transparency in government spending
Whether it’s the latest funding announced by the Energy Department or the EPA, Oklahoma U.S. Sen. James Lankford thinks the public has a right to know where and how the money is being spent. After all, the money came from tax payers, right? The GOP Senator recently made his point during a Homeland Security …
OGE restores power to 93% of those who lost power in recent tornadoes
Oklahoma Gas and Electric reported Monday that an estimated 93% of the 23,000 customers who lost electrical power following last Wednesday’s tornadoes had their power restored. In a storm update, the utility explained that it had more than 2,800 OG&E personnel working overnight and early this week in the Shawnee area to repair more …
Summary of fast energy reads
** Two men were sentenced for conspiring to attack U.S. electric substations in a plot motivated by white supremacy and intended to sow civil unrest and economic distress, the U.S. Justice Department said. Christopher Cook, 21, of Columbus, Ohio, was sentenced to 92 months in prison, and Jonathan Frost, 25, of Katy, Texas, and West Lafayette, …
Texas residents oppose LNG terminals approved by Biden administration
The recent decision by the Biden administration to approve two new liquefied natural gas terminals along the Texas coast isn’t exactly being welcomed with open arms by the people in the Rio Grande Valley. They’re fighting the plants and so are environmentalists. As The Hill reported, the Texas residents filed as though they were …
