Expand Energy says one of its members of the Board of Directors won’t stand for re-election at the company’s approaching annual meeting of shareholders. In a filing made with the Securities and Exchange Commission, the company said board member John D. Gass notified the company he intended to retire from the board. “Mr. Gass’s decision …
Tenth District Energy Activity Was Unchanged The Federal Reserve Bank of Kansas City released the first quarter Energy Survey. According to Cortney Cowley, assistant vice president and Oklahoma City Branch executive at the Federal Reserve Bank of Kansas City, Tenth District energy activity was unchanged, but future expectations were substantially higher than last quarter. “Tenth …
Stardust Power Secures Lithium Supply Deal for Muskogee Refinery Stardust Power Inc., developer of a lithium refining operation in eastern Oklahoma, announced it entered into a Letter of Intent (LOI) with a strategic counterparty for the supply of up to 15,000 metric tons per annum of lithium carbonate equivalent in the form of lithium chloride. …
The day President Trump implemented his naval blockade of oil tankers coming and going from the Strait of Hormuz, crude oil prices first surged to more than $100 a barrel, then retreated to settle under the mark. The blockade was Trump’s reaction to the collapse of peace talks over the weekend. It countered Iran’s restrictions …
The nation’s rig count fell by three in the past week and Oklahoma’s loss of drilling activity accounted for two of the rigs. The latest Baker Hughes Rig Count showed the U.S. total fell to 545 and Oklahoma’s number of active oil and gas rigs declined to 42 from the previous week. The U.S. …
A move by Public Service Company of Oklahoma to raise more than $3 billion to cover costs of its major energy expansion project will be among several items to be reviewed Monday by the Oklahoma Corporation Commission. PSO filed the original request in March and explained it wanted to issue up to $3,250,000,000 in senior …
Since the recent announcements that Devon Energy followed by Expand Energy intend to move their headquarters to Houston, a certain trepidation was part of the response of some economic observers. Not so with Christy Gillenwater, President and CEO of the Greater Oklahoma City Chamber of Commerce. Expressing her beliefs in the Sunday Oklahoman’s Viewpoints section, …
** Iran is building roadblocks at a key nuclear complex amid threats of a US or Israeli ground operation to seize its stockpile of highly enriched uranium. According to satellite imagery, the regime has blocked Isfahan’s three tunnel entrances with earthen berms, fences and piles of rubble. ** Tankers that want to pass through the Strait of Hormuz are …
President Trump just turned the tables on Iran by announcing Sunday he intended to implement a total naval blockade of all oil tankers moving through the Strait of Hormuz, a move that took away Iran’s ability to restrict the flow of tankers to those it allowed. He made the announcement after peace talks failed …
OFS March Jobs Report Shows Modest Rebound in Energy Services Employment Oklahoma was among several energy states that saw a rebound in the number of those employed in the energy industry in March. The Energy Workforce & Technology Council based in Houston announced there was a nationwide gain of 1,877 positions for a total of …
