Tulsa-based Unit Corporation will soon get a new Chief Accounting Officer and Controller. The company announced its Board of Directors promoted Dylan Cope to the position effective Oct. 1, 2023. The 37-year old Cope previously served as Business Operations Controller, a position he held since June 2021. He has held other various positions within …
As ONEOK shareholders prepare to vote this week on a nearly $19 billion merger with Magellan Midstream, ONEOK admits in a filing with the Securities and Exchange Commission it received a demand letter from one shareholder who believes the company has not released all relevant information. ONEOK stated that the Demand Letter asserts that …
** California has sued five of the largest oil and gas companies in the world, alleging that they engaged in a “decades-long campaign of deception” about climate change and the risks posed by fossil fuels that has forced the state to spend tens of billions of dollars to address environmental-related damages. ** The Environmental Protection …
When Jennifer Granholm went before a House Committee chaired by Oklahoma Congressman Frank Lucas, to be considered for Energy Secretary, she claimed she did not own any individual stocks. Now she faces an impeachment inquiry led by New York Republican Rep. Claudia Tenney for giving false testimony. Tenney announced her intent during a hearing …
U.S. crude prices settled higher than $90 a barrel on Thursday, setting off inflation worries and concerns it might lead to another hike in interest rates by the Federal Reserve. At the same time, Oklahoma energy stocks recorded mostly gains for the day. Rising oil costs mean higher gasoline prices and fuel supplies and last …
A significant drop in gross production tax collections on Oklahoma’s oil and gas wells could have a major impact on the state’s well plugging activities. It’s the caution given Oklahoma Corporation Commissioners Thursday by the agency’s Chief Financial Officer Holly George. “Gross production tax, in July and August,both had significant drops. And by …
The head of the Petroleum Alliance of Oklahoma says if the state is thinking about an increase in its gross production tax on oil and gas, then it’s time for a statewide tax on wind and solar energy production. Brook A. Simmons, President of the Alliance responded to Senate President Pro tempore Greg Treat’s …
Facebook Twitter Email Print Copy article link Save Just as Oklahoma relaunched its effort this week to find internet service providers for the state’s expansion of rural broadband service, Colorado took its first step to use more than $826 million for the same kind of effort. Colorado received $826.5 million in funding as part of …
A spill of more than 2,000 barrels of “produced” water from oil production has spread into the Quivira National Wildlife Refuge in central Kansas. The spill was discovered Tuesday afternoon by the U.S. Fish and Wildlife Service which manages the refuge that is located east of Great Bend. The spill came from oil production …
The Winter Storm Uri of 2021 and its disastrous impact on natural gas customers in Oklahoma and other states led this week to the filing of two class action lawsuits in Kansas. Named as defendants are some well known companies,some of which have been sued in similar claims. BP Energy, the same firm that …