Not to rain on your Christmas hopes, but it appears the nation’s gasoline prices are rebounding. Not by much, but enough to give AAA suspicions that Scrooge is still around. Oklahoma’s average gasoline prices jumped by one cent in the past week while nationally, the average grew by six cents to $3.12 per gallon, …
As one of the largest owners of oil and natural gas interests in the U.S., Houston-based Black Stone Minerals, L.P. announced it had received notice that Aethon Energy was exercising the “time-out” provisions under its joint exploration agreements with the Company in Angelina and San Augustine counties in East Texas . When natural-gas prices …
In a pre-Christmas announcement, ConocoPhillips said it plans to move forward with development of its controversial Willow project in Alaska. The Final Investment Decision gave approval to the project and also will fund construction needed to reach first oil. The decision follows the Department of the Interior March 2023 Record of Decision and recent …
Williams announced that it has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion. The transaction includes six underground natural gas storage facilities located in Louisiana and Mississippi with total capacity of 115 billion cubic feet (Bcf), as well as 230 …
After 17 years of working to get approval for the massive wind and solar energy project in New Mexico, developer Pattern Energy Group LP announced it has secured $11 billion in financing. Construction is underway on the 3.5 gigawatt SunZia project which will carry electricity out of state to Arizona and is the …
Wednesday brought a big drop in crude oil prices and for Oklahoma energy stocks. The tumble came after a few days of gains. Benchmark U.S. crude, West Texas Intermediate for February delivery, dropped $1.46 or 1.9% to $74.11 a barrel in trading on the New York Mercantile Exchange. World benchmark Brent crude for February …
** ConocoPhillips COP has been granted financial approval for its Willow oil and gas drilling project in Alaska, with a budget of $8 billion. Following the approval, the company has initiated winter construction. Residents of Alaska are now experiencing the positive outcomes of responsible energy development. ** Samsung Electronics Co. has delayed mass production plans at its new …
US House Science, Space, and Technology leaders raised concerns with the Environmental Protection Agency’s implementation of the Greenhouse Gas Reduction Fund (GGRF). Environment Subcommittee Chairman Max Miller and Investigations and Oversight Committee Chairman Jay Obernolte wrote a letter to EPA Administrator Michael Regan about potential unfair advantages granted in GGRF awards. The GGRF was intended to …
Crude oil prices recorded a more than 2% gain on Tuesday, the highest level this month. Oklahoma energy stocks also made gains in the days trading following more attacks on ships in ther Red Sea. West Texas Intermediate crude went up by $2.01 or 2.7% to close at $75.57 a barrels on the New York …
Oklahoma House Speaker Charles McCall, R-Atoka, has filed multiple pieces of legislation regarding personal income tax cuts ahead of the upcoming session of the Oklahoma Legislature. The bills are the latest in a series of tax cut plans that the House has filed and passed throughout the last three years. “Everyday Oklahomans continue to …