Two new directors to Halliburton Company’s board of directors were announced this week. Janet Weiss and Maurice Smith were named to the board and both will stand for election by shareholders at Halliburton’s annual meeting on May 17. The appointment of Weiss and Smith increases the number of Halliburton directors to 13, of …
Oklahoma Congressman Frank Lucas and the House Science, Space and Technology Committee he chairs plan to hold hearings into the U.S. and its competitiveness with China. Two University of Oklahoma weather experts will be among those to testify at the Tuesday, February 28 hearing on Capitol Hill. “The United States’ economic growth, global influence, …
Tulsa’s Vital Energy, Inc. is one of the latest oil and gas firms to announce record net income for its 2022 fiscal year. The Tulsa company, formerly known as Laredo Petroleum, had fourth quarter net income of $118.2 million while the FY 22 net income was a record $631.5 million. The firm’s fiscal year cash …
The nation’s latest train derailment occurred Tuesday in Nebraska when 31 cars loaded with coal jumped the tracks in the city of Gothenburg. No one was injured in the crash of the Union Pacific Railroad train that happened around 1:45 a.m. Gothenburg is a town located along Interstate 80 and midway between North Platte …
The weekly podcast “Mitchell Talks Energy” is back with part two. Political analyst and host Scott Mitchell and OK Energy Today’s Jerry Bohnen focus again on energy bills in the legislature, what might happen to them and other topics regarding energy. The latest podcast is available on Facebook and Youtube where a lively discussion …
Crude oil prices dropped more than 1% in Tuesday’s trading amidst a volatile session caused by concerns over global economic growth and not so much supply curbs. Oklahoma energy stocks suffered in the day’s trading. West Texas Intermediate crude for March delivery fell 18 cents or 0.2% to $76.6 a barrel on the New …
Chesapeake Energy reported more than a billion dollars in net cash from its operating activities in the fourth quarter of 2022, helping the Oklahoma City company return $1.2 billion to shareholders during the year. The firm announced Tuesday it had net income of $3.513 billion for the quarter or $24 per fully diluted share …
Chesapeake Energy is getting totally out of the Eagle Ford play of South Texas, selling its last remaining asset in the play to INEOS Energy in a $1.4 billion deal. “Today marks another important step on our path to exiting the Eagle Ford as we focus our capital on the premium rock, returns and …
First there was the loss of a Tesla plant in Oklahoma, then Panasonic picked Kansas over Oklahoma. It’s clear Kansas is on a roll as the state just picked up another major investment–a nearly $2 billion semiconductor manufacturing plant that will create 1,200 jobs Kansas Gov. Laura Kelly announced this week that EMP Shield manufacturing …
Four more energy-related bills, including two focused on reforming the Oklahoma Corporation Commission, will be considered this week by the Oklahoma House Utilities Committee. Members will meet Thursday morning at 10:30. The two Corporation Commission reform bills contain no specifics. HB1977, the Corporation Commission Reform Act, was filed by Cherokee Rep. Carl Newton. HB2845, is the …
