Crude oil stocks declined slightly in Tuesday’s trading after the U.S. Energy Information Administration raised its forecasts for world oil and liquid fuels output for the year and at the same time lowered its demand expectations. We’ll know more on Wednesday when U.S. crude stocks are released by the EIA. West Texas Intermediate crude finished …
The Oklahoma Space Industry Development Authority meets Wednesday in Oklahoma City. The following is the agenda for the 1:30 p.m. meeting. AGENDA ITEMS TO BE PRESENTED BY OSIDA CHAIR – BRENDA ROLLS 1. CALL TO ORDER A D ANNOUNCEMENT OF COMPLIANCE WITH THE OPEN MEETING ACT, filing of meeting notice with the Secretary …
As ONE Gas indicated this week, its affiliate Kansas Gas Service wants the approval of regulators in Kansas for a $93.1 million rate hike. If approved, the firm’s 650,000 customers would pay an average of nearly $10 more a month, at least for residential bills. Hearings by the Kansas Corporation Commission will be …
ONE Gas Inc. announced first quarter earnings this week showing its net income totaled only a few million less than one year earlier. The report was released while ONE Gas and its affiliates await action on rate hike requests in Oklahoma, Kansas and Texas. The company reported $99.3 million or $1.75 per diluted …
Mach Natural Resources plans to release its first quarter 2024 financial results next week. The results will be made known on Monday, May 13 after the close of markets. Leaders will hold a conference call the next day beginninat 8 a.m. central time to discuss the results. Mach Natural Resources LP is an independent …
Williams Cos. had such a strong first quarter 2024, that it saw an 8% growth compared to the first quarter of 2023. The Tulsa-based company had adjusted EBITDA of $1.934 billion over the $1.795 billion recorded in the first quarter of last year. Earnings per share grew 5% from 56 cents last year to …
Two major wind farms in Oklahoma will be under new ownership under a multi-billion dollar deal announced this week. Allete Inc., based in Minnesota was just bought in a $6.2 billion deal by a Canadian pension board and an investment fund. Under the acquisition by Canada’s pension board and the large investment fund, Duluth-based Allete …
Oklahoma Attorney General Gentner Drummond told a House Committee on Tuesday he has no intention of backing off the lawsuits he has filed against the Environmental Protection Agency. His pledge came as he testified before the House Committee on Energy and Commerce as it explored the EPA’s new rule on Risk Management Programs. “Unfortunately, …
Even as a House Committee held a hearing this week into the EPA’s latest rule regarding chemical firms, the giant agency spread its influence with updated methane emissions reporting requirements for oil and gas operations. In Monday’s announcement, the agency asserted the final revisions will ensure grater transparency and accountability for methane pollution from …
An Oklahoma family’s fight against abandoned oil wells and what it did to their farm…it’s the subject of an article by ProPublica. The story focuses on the small farm acquired by Stan and Tina Ledgerwood near Maysville and their nightmare in dealing with a former oil well. ProPublica investigated along with two other news …
