Crude oil prices and Oklahoma energy stocks went up in Tuesday’s trading—crude more than 1% after China indicated it will act to support economic growth in the world’s biggest oil importer. Further, prices got support on expectations the Fed will stop raising interest rates soon. West Texas Intermediate crude rose $1.60 or 2.2% to settle …
Tuesday’s announcement by Oklahoma Attorney General Gentner Drummond to hold accountable those who profited “untowardly” from the 2021 Winter Storm Uri through historic high natural gas prices brought different responses from two of the state’s three Corporation Commissioners. Commissioner Bob Anthony appreciated the AG’s willingness to perhaps prosecute the market manipulators, but he also …
“It will probably be the most significant lawsuit filed by the state of Oklahoma in its history.” So proclaimed Oklahoma Attorney General Gentner Drummond Tuesday as he formally announced his intention to file suit against those he claimed “reaped billions of dollars at the expense of Oklahoma families and businesses” during the 2021 Winter …
Oklahoma U.S. Sen. James Lankford thinks government bureaucracy is making the federal grant process too slow. So he’s joined Democratic Sen. Gary Peters of Michigan and Republican Sen. John Cornyn of Texas in introducing the Streamlining Federal Grants Act to help streamline the administration of grant programs across the federal government. “Strategic, competitive federal …
Two more satellites were launched this month as part of Williams’ full-value chain NextGen Gas program that provides path-specific methane intensity certifications to utilities, LNG export facilities and other clean energy users. With funding from Williams’ New Energy Ventures Corporate Venture Capital program, the satellites belong to Orbital Sidekick and Spain-based Satlantis Technology and were launched …
Tulsa’s Citizen Energy III LLC recently filed completion reports on two wells drilled on a single pad in Grady County….an example of the company’s hustle to add more to its daily oil production. All of the Sprowls wells are located about 4 miles southwest of Minco at 11 9N 8W and were completed in …
State regulators in Arkansas recently announced Summit Utilities Inc. has been given a clean bill of health over billing errors an customer service problems that prompted an investigation. The Arkansas Public Service Commission said, however, it will continue to monitor the gas utility for the next two years as a preventive measure. The investigation …
Empire Petroleum announced a recent change in executive leadership. The company revealed the resignation of Eugene J. Sweeney as Chief Operating Officer. Empire, in a filing with the Securities and Exchange Commission, explained his departure was the result of the firm’s transition to a regional operational model. “…his duties are being dispersed among employees …
The second quarter financial results of Williams Cos. will be released August 2, according to a company announcement. Investors will be anxious to see if the Tulsa-based company maintained the strong and improved performance it had in the first quarter of the year. The release will be made after the market closes on that …
Kansas regulators recently were notified they will receive a $13.3 million grant from the U.S. Department of Energy to modernize the state’s electrical grid infrastructure. The investment will be provided through the Grid Resilience State and Tribal Formula Grants program and will be administered by the Kansas Corporation Commission. KSNT reported the improvements will …