The latest rig report from Baker Hughes Co.,  prior to Thanksgiving, showed another gain for the U.S. and for Oklahoma. The state’s rig count saw a gain of one to 38 active oil and gas rigs, still well below the 70 rigs reported one year earlier. The Baker Hughes …

  While Oklahoma Corporation Commissioner Bob Anthony supported a move by state regulators to put a 2.5% cap as part of the Public Service Company of Oklahoma rate case, he couldn’t get support for a detailed audit of what was approved for the utility. He was still critical of the …

  Oklahoma Corporation Commissioners didn’t give Attorney General Gentner Drummond everything he wanted in asking them to reconsider a Public Service Company of Oklahoma rate hike that would raise residential rates by another $5.35 a month, but they agreed in part during a meeting on Tuesday. The commission voted 3-0 …

After rallying for two sessions, crude oil prices on Tuesday were mixed with U.S. crude slipping and overseas oil prices increasing. The day also produced losses for some Oklahoma energy stocks with one firm experiencing a more than 9% drop for the day. It was a sign that investors are …

  Hard to believe it’s been seven years when some Oklahoma protesters joined thousands of others at the Dakota Access Pipeline projecct in North Dakota. They spent weeks fighting the pipeline opposed by the Standing Rock Sioux Tribe. The protests lasted for months but the Trump administration eventually approved the …

Canadian-based Standard Lithium Ltd. announced this week the initial performance results from its operations in southern Arkansas where it is in a race to develop lithium from the Smackover Formation’s brine to supply batteries for electric vehicles. Standard has a Direct Lithium Extraction process at its Demonstration Plant near El …

  The Oklahoma Department of Environmental Quality plans to launch a series of meetings focused on how to use Oklahoma’s Climate Pollution Reduction Grant of $3 million funded by the Biden administration’s green efforts. Meetings will be held Tuesday, Nov. 28 in Oklahoma City and Thursday, Nov. 30 in Lawton. …

Crude oil prices rose more than 2% on Monday while most Oklahoma energy stocks recorded losses for the day. The crude price gains came as new supply cuts in OPEC+ production are expected when the member countries meet early next week. West Texas Intermediate crude finished up $1.71 or 2.3% …

  The Halliburton Company declared a 2023 fourth quarter dividend of 16 cents a share on Monday. According to the announcement, the dividend will be payable on Dec. 27, 2023 to shareholders of record at the close of business on Dec. 7, 2023. The 16 cents is the same amount …

  A legal challenge was filed Monday by the state public employees association to the implementation of Oklahoma’s Energy Discrimination Act of 2022, an act that prohibits financial institutions from discriminating against the oil and gas industry. A lawsuit was filed in Oklahoma County District Court by Don Keenan, a …