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CenterPoint Energy leaders apologize over lengthy storm outages
The Houston company for which 105 Oklahoma Gas and Electric workers helped with power restoration following Hurricane Beryl finally went public with an apology. But it came after Texas legislators and regulators launched investigations into why the utility company failed in restoring electrical power to nearly 3 million Houston residents. The apology, which …
Energy briefs
** The amount of electricity produced by wind power in the US plummeted to a 33-month low on Monday (22 July), with natural gas-fired power plants having to increase production to make up for the shortfall and keep air conditioners running. ** Goldman Sachs said that whoever wins the U.S. presidential election in November will …
High speed rail passenger service map shows link from Kansas to Oklahoma
The movement by some Oklahomans for rail passenger service from Kansas to Oklahoma City appears to be part of similar efforts by the organization, the U.S. High Speed Rail Association. But not the route proposed by proponents in Oklahoma. The Kansas to Oklahoma link is included in a newly-released map by the Association, …
Oklahomans in US House support EPA budget cuts
All five members of the Oklahoma delegation in the House were among those who voted this week for a bill making deep cuts for the Environmental Protection Agency’s budget for fiscal year 2025. The vote was 210-205 and Oklahoma Reps. Brecheen, Bice, Cole, Hern and Lucas voted to support cuts n the annual Department …
Crude oil prices made second straight day of gains
Higher closes marked Thursday’s trading for oil and gas prices and they resulted from strong US economic data. Still, they might have been slowed by worries regarding lower oil imports from China. US benchmark West Texas Intermediate crude gained 69 cents or 0.89% to close at $78.28 a barrel on the New York Mercantile Exchange. …
What is Three Corners Connector project?
The massive power line project that resulted in $60 million in federal grants for the City of Guymon and the Guymon Public School district has yet to be built. It might be three or more years away from becoming operational….yet the money is being handed out by the federal government. It’s called the …
Transmission line development leads to $60 million in federal grants to Guymon
Nearly $60 million in federal grants for interstate transmission line projects have been made to the city of Guymon and the Guymon public school district as the Biden administration’s U.S. Department of Energy hands out more government funds. The funds are part of the Transmission Siting and Economic Development (TSED) Grant Program which is …
Internet expansion project launched in southern Oklahoma’s Marshall County
The Oklahoma Broadband Office officially launched a $4.4 million high-speed internet expansion project with 360 Broadband in Marshall County on Wednesday. The project, funded through a $3.5 million federal grant administered by the OBO coupled with $878,000 in matching funds from 360 Broadband, will connect 281 homes and businesses in Marshall County with high-speed …
Despite drop in US rig counts, Tulsa’s Helmerich and Payne saw revenue gains
On the same day Helmerich & Payne announced a nearly $2 billion acquisition of a Scotland-based firm with a heavy presence of oil exploration in the Middle East, the Tulsa company reported quarterly net income of $89 million or 88 cents a share….an improvement over the first quarter of 2024. It came as …
Helmerich and Payne announces $2 billion acquisition of Scottish drilling company
Tulsa’s Helmerich & Payne just expanded its worldwide oil and gas exploration business with a $1.9725 billion cash acquisition of KCA Deutag International Limited, a global drilling company based in Abeerdeen, Scotland. The acquisition will give H&P more ability to reach the Middle East where KCA Deutag has a “significant land drilling presence,” stated …