Remarks by Iran’s oil minister sparked a rally for crude on Wednesday. March West Texas Intermediate crude tacked on $1.62 to end trade at $30.66 a barrel on the New York Mercantile Exchange. April Brent crude added $2.32 to settle at $34.50 a barrel o…
Oklahoma based LSB Industries, Inc. says its new 375,000 ton ammonia plant is now mechanically complete at the El Dorado, Arkansas facility. The completion of the nearly $730 million project includes the installation of process vessels and rotating equ…
Residents of a North Dakota County are putting up a fight over a deep borehole project they contend will be used for nuclear waste disposal.
Officials of Battelle Memorial Institute, the leader researcher and drilling partner Energy and Environmental …
Oklahoma City-based Seventy Seven Energy Inc., the spinoff from Chesapeake Energy a few years ago reported Wednesday a drop in fourth quarter 2015 earnings as well as total revenues for 2015 and an increase in losses. And at the same time, it con…
A week before it is scheduled to release its 2015 earnings report, financially-challenged SandRidge Energy, Inc. announced it chose to exercise a grace period and defer making nearly $22 million in interest payments that were due on Tuesday, Feb….
The state’s new earthquake plan for disposal wells in northwestern Oklahoma gets the support of Oklahoma House Speaker, Rep. Jeff Hickman.
In a statement issued Tuesday, he called it appropriate action by the Oklahoma Corporation Commission.
“T…
Gasoline prices have jumped back up in some sites in Oklahoma and state’s price average is up to $1.41 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma. It had been down to $1.34 as of last weekend.
“Normally, given the time of th…
The same day the Oklahoma Corporation Commission unveiled a new and larger earthquake plan targeting disposal wells in northwestern Oklahoma, the Governor’s Coordinating Council on Seismic Activity announced the awarding of a research grant to cr…
In announcing a new earthquake plan covering 245 wastewater injection wells, State Corporation Commission officials said this week they were finally getting out ahead of some of the quakes.
“This plan is aimed not only at taking further action i…
No doubt one of the most talked-about topics of the day when the Mid-Continent Digital Oilfield Conference gets underway today in Tulsa will be the layoffs at Oklahoma City-based Devon Energy.
While nearly 1,000 are losing their jobs, others sti…