When the Oklahoma House Judiciary Committee passed Rep. Lee Denney’s pipeline eminent domain bill this week, it wasn’t exactly smooth sailing for the Cushing Republican. She explained it was a short and simple bill giving more protection to landowners …
As layoffs in Oklahoma’s energy sector grow weekly, is the story being heard in Washington D.C.’s Beltway? U.S. Senator James Lankford says it is among those like him who represent oil and natural gas states.
“I would disagree with those affect…
Despite a dip in crude supplies, West Texas Intermediate crude dropped below $28 while Brent managed to make gains Wednesday. March WTI lost 49 cents to end trade at $27.45 a barrel on the New York Mercantile Exchange. April Brent crude added 52 cents …
Continental Resources reported Wednesday it has proved reserves of 1.23 billion barrels of oil equivalent (Boe) as of the end of the year. That compares to 1.35 billion Boe at the end of 2014. The 2015 year end reserves were 57 percent crude oil, 87 pe…
NGL Energy Partners reported its fiscal third quarter net income of $29.6 million dollars compared to a net loss of $5.3 million for the same period the previous year. Adjusted EBITDA did slow for the Tulsa based company. For the fiscal third quarter, …
NewsOK.com and the Tulsa World report WPX Energy is closings its Oklahoma City office. It means 60 employees will soon not have jobs. Thirty-three workers are relocating to the Tulsa headquarters while two others have been offered a position in the Car…
Survival. It’s what oil and natural gas companies are dealing with as energy prices swirl lower and lower. The very idea that some major companies that once could afford to wait out the low prices now cannot because they accumulated too much debt…
While the Interior Department prepares to hold a public hearing in Oklahoma City on venting and flaring rules on public and Indian Trust Lands, the state of Wyoming approves new flaring rules this week covering any newly-drilled wells.
Under the…
After being rejected by the state with plans to eventually put an end to its aging Mustang Power Plant, Oklahoma Gas and Electric is in the midst of steps to seek a routine permit from the state with eventual possible plans to replace some of the aging…
The Canadian Valley Technology Center announced this week it has just received a $25 million grant from German-based Siemens AG. Siemens, builder of wind farms across the U.S. including Oklahoma will offer software for development of Computer Aided Dra…