U.S. crude oil prices held steadfastly on Friday to more than $90 a barrel, closing at just a few cents higher than the mark as markets focused on supply concerns stemming from Russia’s fuel export ban. Oklahoma energy stocks recorded moderate gains for the day. West Texas Intermediate crude closed up 40 cents or 0.5% …
Xcel Energy announced that it has received a grant of up to $70 million from the U.S. Department of Energy (DOE). The award will partially fund two long duration energy storage systems in Minnesota and Colorado. Each demonstration-scale system will be a 10 megawatt/1,000 megawatt-hour iron-air battery developed by Massachusetts-based Form Energy. The batteries …
Mexico’s first floating liquefield natural gas plant is only a small step away from reality. The last major piece needed for the plant’s completion is set to leave a Texas shipyard in the coming week. Click here for Reuters
** Former President Trump took aim at Biden administration electric vehicle (EV) policy, claiming the president’s “ridiculous all-electric car hoax” is responsible for the United Auto Workers strike against major automakers. “Crooked Joe sold them down the river with his ridiculous all Electric Car Hoax,” Trump said on Truth Social in the early morning Saturday. “Within 3 years, all …
The drive down Interstate 35 from Oklahoma City to the Red River will take some additional time as both Texas and Oklahoma are set to begin various construction phases to widen the highway. In an article published by The Oklahoman on Thursday, writer Steve Lackmeyer indicated the construction zone is “part of a joint effort …
Former New York City Mayor Michael Bloomberg announced on Wednesday he will release $500 million into the next phase of his energy transition campaign, aiming to shut down “every last” coal plant in the United States and slash gas-fired capacity in half by 2030, according to a published report by Reuters. The $500 million infusion …
Oklahoma Congressman Frank Lucas released the following statement after the House Financial Services Committee passed the Agricultural Risk Review Act, his legislation to add the Secretary of Agriculture as a permanent member on the Committee on Foreign Investment in the United States (CFIUS). “Protecting America’s agriculture security is a critical part of our national security. …
Tulsa-based ONE Gas, Inc. filed a Form 8-K with the U.S. Securities and Exchange Commission on Tuesday acknowledging its underwriter for a recent transaction will exercise the option to purchase an additional 180,000 shares of common stock. On September 11, 2023, ONE Gas entered into an agreement with Bank of America acting as its underwriter …
Congratulations to Rick Muncrief, President and Chief Executive Officer of Oklahoma City-based Devon Energy, who was recently honored with the 2023 Texas Oil and Gas Association’s Distinguished Service Award. Often regarded as one of the oldest and most prestigious honors in the oil and gas industry, TXOGA has bestowed this honor to the great ambassadors …
Oklahoma City-based Devon Energy volunteers and experts from the Center for Excellence recently participated in the New Mexico Bureau of Land Management’s National Public Lands Day events. National Public Lands Day is an annual celebration that unites volunteers and organizations in the preservation and improvement of the nation’s public lands. Khush Ghadiali, community relations specialist, …