The 730,000 customers of Entergy Arkansas will see a drop in their utility bills as the utility intends to cut electricity rates in May. The company, in its recent announcement, said average residential customers will see a drop of about $10 a month. Entergy Arkansas is the state’s largest utility and explained the reduction …
Following a first quarter gain in net income, Tulsa’s Helmerich & Payne prepares the release of its second quarter 2024 earnings report later this month. A conference call will be held Thursday, April 25 at 10 a.m. and feature President and CEO John Lindsay, Senior Vice President and CFO Mark Smith and Vice President …
In one of Oklahoma Attorney General Gentner Drummond’s efforts to push back against the Biden Administration’s ceaseless attacks on the oil and gas industry, a federal judge on Monday blocked a highway emissions rule that sought to drive gas-powered cars off the road. “Oklahomans cannot afford the high cost of the Biden Administration’s war …
SandRidge Energy just named a new Chief Operating Officer. The Oklahoma City company’s board of directors named Dean Parrish, Senior Vice President of Operations to become the fir’s Senior Vice President and Chief Operating Officer. SandRidge President Grayson Pranin said Parrish’s compensation will be determined at a later time. Pranin had held the …
** Exxon’s upstream division will take a hit of as much as $1 billion from lower oil and gas prices, the Spring, Texas-based company said in a filing Wednesday. Additionally, earnings will fall by as much as $1.3 billion due to “timing effects,” which include unsettled derivatives from trading. ** Vice President Kamala Harris and Environmental Protection …
The turmoil in the Middle East and the fighting between Ukrainian forces with Russia led to increased crude oil prices on Wednesday as they settled at their highest since late October. Reuters reported that while investors were concerned about supply disruptions, an increase in US crude stocks eased some of the worries. West Texas Intermediate …
Another unexpected buildup in the nation’s crude stocks was reported this week by the U.S. Energy Information Administration. At the same time, the amount of crude oil stored at Oklahoma’s massive Cushing Hub declined. The EIA reported a 3.2 million barrels increase across the U.S. as stocks rose from 448.2 million barrels on March …
Yes, the impact of the 2021 Winter Storm Uri is still with Oklahoma, Texas and Kansas. So are the legal matters. In Oklahoma, Attorney General Gentner Drummond’s investigation into alleged market manipulation of natural gas prices remains underway with no public offering of the latest developments. In Kansas, Attorney General Kris Kobach’s lawsuit against …
Oil and gas operators in Texas, New Mexico and Louisiana made it clear in a recent Federal Reserve Bank of Dallas survey, they are fed up with the Biden administration’s war on oil and gas. Typical of the responses is one of those cited by the survey. “Until the next administration is decided, we’re …
Weeks after Colorado opened its first Buc-ee’s travel stop, Arkansas could get its first of the popular and fast-growing stores, adding to the chain of 44 stores across the country. The Arkansas Business Morning Roundup on Wednesday reported officials in Benton have approved a site and utilities plan for a mega travel center Buc-ee’s. …