Helmerich and Payne seeks more investors

  Like other firms, Tulsa’s Helmerich & Payne is going on the road in search of more investors. Company executives plan to take part in three upcoming conferences. John Lindsay, President and Chief Executive Officere will be joined by Mark Smith, Senior Vice President and Chief Financial officer, Mike Lennox, Senior Vice President of U.S. …

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Oklahoma to get 1,200-acre solar farm near Hobart

  Southwest Oklahoma is getting a 1,200-acre solar farm. Recurrent Energy, a subsidiary of Canadian Solar plans to build the $112 million solar farm in Kiowa County near the Quartz Mountain State Park and the county seat of Hobart, or about 100 miles southwest of Oklahoma City. The company obtained project financing from NordLB and …

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Headlines of other energy stories

** A Trump-era rule allowing railroads to haul highly flammable liquefied natural gas will now be formally put on hold to allow more time to study the safety concerns related to transporting that fuel and other substances like hydrogen that must be kept at extremely low temperatures when they are shipped, regulators announced. ** Colorado Gov. …

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Ground broken on $10 billion transmission line project in New Mexico

  Ground was broken in recent days in New Mexico on construction of the $10 billion wind-powered electric transmission line carrying power to Arizona. The SunZia transmission line was described by the chief executive of the company building the project as bigger than the Hoover Dam. Hunter Armistead told the Associated Press that breaking ground …

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Took Kansas regulators nearly 22 months to approve Evergy’s energy efficient program request

  Kansas Corporation Commissioners, in a special meeting on Friday, gave approval to a set of energy efficiency programs for Evergy’s 1.6 million customers. The program will include rebates and discounts on efficient HVAC systems and free thermostats. Evergy asked for the approval in December 2021 and it took state regulators until this month to …

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Nation’s oil rig losses slow while Oklahoma holds steady

  The decline of the number of oil and gas rigs across the nation and in Oklahoma slowed to a trickle in the past week, according to the latest figures from Baker Hughes Co. The U.S. count fell by one, leaving 631 active rigs while Oklahoma was unchanged with 39 rigs. A year ago, there …

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Crude oil closed with a gain before Labor Day weekend

  Crude oil prices reached their highest mark on Friday in 7 months as both WTI and Brent crude rose nearly $2 a barrel, ending a two-week losing streak, because of expectations of tightening supplies. West Texas Intermediate crude went up $1.92 to $85.55 a barrel on the New York Mercantile Exchange, the highest since …

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Crude oil prices made $2 gain in US on Thursday

  U.S. crude oil prices jumped more than $2 a barrel in Thursday’s trading on hopes that OPEC+ production cuts will continue through the end of the year. Oklahoma energy stocks split on gains and losses. West Texas Intermediate crude rose $2 or 2.45% to reach $83.63 a barrel at the end of the day …

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Tulsa’s June wind storm damage results in donations from PSO

  Public Service Company of Oklahoma announced a total of $125,000 in grants from PSO and the American Electric Power Foundation to help those dealing with the impact of a massive windstorm that struck the Tulsa area in June. AEP Foundation made the lead donation of $75,000 to the Wind Storm Relief Fund, which was …

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Slow increase in gas prices for Labor Day weekend

  Just the kind of news you didn’t want to read—-that gasoline prices are moving up as we approach the Labor Day weekend. The national average is $3.81 per gallon while in Oklahoma, we remain at $3.51 a gallon. Oklahoma City’s average is $3.47 while Tulsa is at $3.46 and Lawton at $3.37 per gallon. …

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