Texas regulators warn of toxic wastewater leaks in Permian Basin

  Oil and gas operators in the Permian Basin of west Texas got a warning this week from the Railroad Commission of Texas about growing underground pressure caused by wastewater disposal wells in the region. And it’s impacting some Oklahoma operators in the Basin. Regulators went so far as to suggest the toxic wastewater from …

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Texas utility commission sues Texas attorney general to avoid releasing data on crypto companies’ power use

    A newspaper’s request for public information about data on cryptocurrency mining led to a lawsuit filed by the Texas Public Utility Commission against Attorney General Ken Paxton who contended the information should be released. The request came from the Texas Tribune and some other news outlets but the Public Utility Commission argued the …

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ONEOK wraps up $3 billion note offering

      ONEOK, Inc. filed reports this week indicating it had finalized its $3 billion public offering of notes. The offering included $750 million of 4.950% notes due 2032, $1 billion of 5.400% notes due 2035 and $1.25 billion in 6.250% notes due 2055. The notes are guaranteed by ONEOK Partners, L.P., ONEOK Partners …

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Marines move to make Valkyrie a full program of record…could mean more business

    Not only is drone-manufacturer Kratos expanding its Oklahoma manufacturing facilities, but one of its newest drones could mean more customers for the company. News came recently that the U.S. Marine Corps is moving to transition its XQ-58A Valkyrie drone work  into a full program of record about about a partnership with Airbus to craft a …

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Drummond secures reversal of protections for lesser prairie chicken

    Attorney General Gentner Drummond is celebrating a significant win for Oklahoma’s agricultural and energy sectors, as a federal court has vacated the Biden-Harris administration’s rule that listed the lesser prairie chicken as an endangered species. A U.S. District judge on Tuesday ruled in favor of Oklahoma, Texas and Kansas, finding that the U.S. …

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Energy briefs

** The Trump administration will make available $1 billion in funding to accelerate the growth of the U.S. critical minerals and materials sectors, the Energy Department said in a statement on Wednesday. ** Transportation Secretary Sean Duffy is revealing more details about his department’s plan to fix the nation’s air traffic control system – and a big part …

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$9 billion spending planned in Oklahoma as Google expands ties

                                      © Provided by Google Google executives were in Pryor on Wednesday to announce the company plans to spend $9 billion over the next two years in the state. Google will expand its data center in Pryor …

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Seaway pipeline from Cushing south suffers oil leak in Texas

        A leak in the Seaway pipeline that carries oil from the Cushing Hub in northern Oklahoma into Texas resulted in a drop in the amount of oil flowing. The pipeline’s operator reported a leak on the system to state regulators. The line normally carried 950,000 barrels a day from Cushing to …

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Oil prices saw only a small decline ahead of Trump’s meeting with Putin

    Crude oil prices held mostly steady on Wednesday, experiencing less than a 1% drop as traders remained unsure ahead of Friday’s meeting in Alaska between President  Trump and Russian leader Vladimir Putin. The two intend to talk about ending the war in Ukraine. The steady price levels came after data from the American …

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Crude stocks gained at Cushing Hub and nationwide

  Crude oil stocks rebounded in the past week, both across the U.S. and at Oklahoma’s Cushing Hub. The U.S. saw a gain of 3 million barrels from the 423.7 million barrels recorded as of August 1 to 426.7 million barrels as of August 8, reported the U.S. Energy Information Administration. The nation’s crude oil …

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