Not only was the State Fire Marshall called to the scene of a massive manufacturing plant fire near the Grady County town of Ninnekah, so were state environmental officials and federal agents. News 9 reported the Oklahoma Bureau of Investigation was also on the scene. Click here for News 9
Biden’s latest oil sale sends crude prices up—not down
President Biden’s latest announced sale of more oil from the U.S. Strategic Petroleum Reserve was meant to drive down the price of gas….but it might have had the opposite effect as crude oil prices rose in response. West Texas Intermediate crude for delivery in November went up $2.73 a barrel to finish the day …
Supreme Court sides with wind farm in fight over production tax credits
The Oklahoma Supreme Court ruled this week against county assessors who argued in support of ad valorem tax assessments on wind farms. It’s a ruling that will affect nearly every county in the state where a wind farm is located and could result in the loss of millions of dollars for those counties as …
OKC to spend $3.6 billion on improvement projects
City leaders in Oklahoma City have okayed spending $3.6 billion in city improvements over the coming five years. Most of the expenditures will be for water utility projects according to KOKH Fox 25 News. Click here for KOKH
Empire Petroleum picks former WPX Energy executive to join its leadership team
A former executive with WPX Energy before it merged with Devon Energy in 2021 as been named to one of the top executive positions at Tulsa-based Empire Petroleum. Empire announced it has named J. Kevin Vann to fill the company’s newly created position of Vice President of Finance and Strategic Planning. Vann was formerly …
Gulfport hopes to rebound from inflationary impact in 3Q
Third quarter financial results by Oklahoma City’s Gulfport Energy Corporation will be released Nov. 1, according to an announcement by the company. Results will be made known after the market closes on Tuesday, Nov. 1 followed by a teleconference and webcast on Wed., Nov. 2 at 8:30 a.m. Central time. The conference call can …
Williams director named CFO at Baker Hughes
A member of the board of directors at Williams Companies was named this week to be Chief Financial Officer at Baker Hughes. Nancy Buese will take over as CFO effective Nov. 2, 2022 according to the announcement by Baker Hughes. She has been on the board of directors at Williams Companies in Tulsa since …
Energy grant to study solar-wildlife interactions in Arkansas, Oklahoma and Kansas
Among the $14 million in U.S. Department of Energy grants awarded this week to researchers to study how solar projects affect wildlife, is a study that will focus on such projects in Oklahoma, Arkansas and Kansas. The University of Arkansas at Fayetteville received a $1.3 million grant to study large-scale solar facilities and how …
Williams offers update on clean hydrogen partnership
Williams announced progress on its clean hydrogen commercialization strategy with a recently signed memorandum of understanding (MOU) with Daroga Power, a New York-based investor and developer of distributed generation energy assets including hydrogen fuel cells and solar power generation. Williams and Daroga are working to identify long-term, end-use customers for clean hydrogen as well …
Laredo Petroleum’s 3Q oil and gas production results released
Ahead of its third quarter financial results to be released next month, Laredo Petroleum Inc. disclosed its quarterly oil and natural gas production. Prior to the third quarter release, the Tulsa company revealed its quarterly production averaged 79.5 thousand barrels of oil equivalent a day, which is within the guidance of 78.5 to 8.5 …
