ConocoPhillips said it would begin work “immediately” on its $7 billion Willow project in Alaska’s Arctic after a federal judge on Monday ruled against environmentalists who tried to stop the drilling effort. Reuters reported U.S. District Judge Sharon Gleason in Anchorage had been asked by environmental groups and a Native American community in two lawsuits filed …
Oklahoma U.S. Sen. Markwayne Mullin believes the Biden administration is again guilty of overreaching in its listing of an eastern Oklahoma bat as endangered under the Endangered Species Act. He and a handful of others in Congress filed a Congressional Review Act resolution disapproving of the move to protect the northern long-eared bat which …
Fourth quarter results show EV maker Canoo Inc., the company with plans to add a manufacturing plant in Oklahoma in addition to two operations underway in Pryor and Arkansas, revealed a more than $80 million loss. The loss equaled to 25 cents a share and compared to the $138.11 million or 60-cents a share …
** On Monday, after the Organization of the Petroleum Exporting Countries (OPEC) announced massive oil production cuts, the White House issued a joint statement with the European Union reaffirming that clean energy adoption is critical for enhancing energy security. The statement was a status update on the U.S.-EU Task Force on Energy Security formed amid …
All it takes for the state of Kansas to eliminate flashing red lights atop wind turbines is the signature of Gov. Laura Kelly. The legislature passed Senate Bill 49 and sent it t o her to b e signed into law, requiring wind farm operators to use light-mitigating technology on new and existing …
Changes of corporate officers were announced Monday at Oklahoma City’s Gulfport Energy Corporation. Michael Hodges was named Executive Vice President and Chief Financial Officer while William “”Bill” Buese will transition from the CFO role. Buese will serve as an advisor to the Company until May 3, 2023. John Reinhart, Gulfport’s Chief Executive Officer commented, …
Crude oil prices and Oklahoma energy stocks soared in value in Monday’s trading after OPEC+ stunned markets with announced intentions to cut more production. Prices rose 6% while OK energy stocks gained as much as 11% and 12% in several instances. Investors apparently are worried that crude oil supplies will tighten following the decision …
Oklahoma Corporation Commissioner Bob Anthony repeated his call for independent experts to review the 2021 Winter Storm Uri fuel costs claimed by PSO and ONG, and at the same time told his fellow Commissioners they were wrong in claiming the agency lacked such investigative powers. He also suggested $3 billion in fuel costs were …
Just because the winds aren’t expected this week to be close to the 75 mile an hour wind gusts that fanned dust storms and wildfires last week in Oklahoma, doesn’t mean there will be any less concern for wildfires. After 36 homes were destroyed by fires on Friday north of Edmond, the Oklahoma Forestry …
Over the past two years, the oil and gas drilling activity in Colorado rebounded but remains below the amount of exploration that was performed before the COVID-19 pandemic. At last count, there were 19 active drilling rigs in the state according to Baker Hughes. Colorado has faced challenges in expanding its oil and gas …