Retired Navy Vice Admiral Andrew Lewis has joined the board of directors at Tulsa-based Empire Petroleum. The oil and gas company announced this week the appointment was effective immediately and Lewis replaced Anthony Kamin, who served Empire as a Director since December 2016 and recently as Co-Chairman of the Board. Vice Admiral Andrew Lewis was raised …
Leadership changes at Halliburton and ConocoPhillips
Some executive changes were announced this week by the two major energy companies. Halliburton announced the naming of Lance Loeffler, executive vice president and chief financial officer to be a senior vice president of the company’s Middle East North Africa or MENA region. Halliburton Executive Vice President, Global Business Lines, and Chief Health, …
National Drinking Water Week
The City of Oklahoma City is joining municipal water utilities across the country to recognize May 1-7 as this year’s National Drinking Water Week. With a theme of #ThereWhenYouNeedIt, Drinking Water Week highlights the many ways water utilities deliver clean, treated drinking water to help ensure public health and the environment, support public safety …
Coal, oil and gas gains boost revenue for Alliance Resources
With the help of higher coal sales nationwide, Tulsa’s Alliance Resource Partners, L.P., one of the country’s major coal-mining operators reported increased financial and operating results for the quarter ended March 31 of this year. The company announced that total revenues increased nearly 45% to $460.9 million compared to $318.6 million for the quarter …
Tulsa coal company invests in EV charging network
Francis Energy, LLC, the Tulsa-based owner and operator of the nation’s first comprehensive statewide network of electric vehicle fast charging infrastructure, announced an equity investment in the company by Alliance Resource Partners, L.P., the coal and energy firm also headquartered in Tulsa. The investment brings together two Tulsa-based American success stories to help change …
Energy issues this week for Sens. Lankford and Inhofe
Oklahoma U.S. Sens. James Lankford and Jim Inhofe are on committees that will deal with energy issues this week. Lankford, a member of the Senate Energy Committee will have a chance on Thursday to question Energy Secretary Jennifer Granholm about her defense of President Biden’s plan to increase the DOE budget. Granholm will go …
Energy Secretary to take over Hamm Energy Institute
Nearly six months after Oklahoma oilman Harold Hamm’s contribution led to the creation of Oklahoma State University’s Hamm Institute for American Energy, Oklahoma Secretary of Energy Kenneth Wagner has been named as the inaugural executive director. “Ken’s experience and deep knowledge of the energy industry will serve the Institute well as it lives …
US crude prices dropped on Friday while Brent crude rose
A 20% plunge in the U.S. heating oil contract on Friday caused U.S. oil prices to fall while those overseas managed an increase in the day’s trading. West Texas Intermediate crude for June delivery fell 67 cents to close at $104.69 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude for …
A week for quarterly financial reports
This is a big week for lots of energy firms across Oklahoma as their quarterly financial reports will be unveiled, showing either a hoped-for gain of profits or whether belt-tightening is necessary. It should also reveal whether some oil and gas companies in the state will perhaps expand their energy efforts because of oil …
Gasoline prices edge upward in Oklahoma
Gasoline prices in Oklahoma and across the U.S. rose two cents a gallon in the past week reaching a statewide average of $3.80 and an average of $4.18 across the nation. The American Automobile Association reported on Sunday that Oklahoma prices were $3.78 a week ago and $3.79 one month ago. A year ago, …