PEMA Professional Energy Marketers Association

  A new study reveals how the oil and gas industry in Oklahoma contributed 22% to the state’s economic activity. It’s what the Oklahoma Energy Resources Board reports. Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is yet again the most significant source …

Another gain for crude oil prices on Thursday as a prediction of a tighter world market this year resulted in a nearly 2% jump for the day. At the same time, natural gas prices suffered another drop. The International Energy Agency predicted there will be an oil demand growth for …

  Smart Sand, Inc., the frac sand supply company with an operation in El Reno, Oklahoma as well as in Texas, Wisconsin, Illinois, Ohio and Pennsylvania reported fourth quarter revenue of nearly $62 million and $296 million for the year. “Smart Sand delivered strong operating and financial results for the …

  (AP Andrew Harnik, File)   Iowa Attorney General Brenna Bird led a 9-state coalition this week in joining Oklahoma and 9 other states that filed suit last week against the Securities and Exchange Commission over its new rule forcing public traded companies to reveal some climate-related information to potential …

    The same day Empire Petroleum Corporation announced the resignation of Chief Financial Officer and Chief Accounting Officer Stephen L. Faulkner,  he went across town to take a similr job with another Tulsa energy company, Vital Energy, Inc. At Vital, Faulkner is the new Vice President and Chief Accounting …

A four month high was hit by crude oil prices as they rose nearly 3% on Wednesday, thanks to a surprise withdrawal in U.S. crude inventories, including stocks at the Cushing Hub in Oklahoma. Crude prices also responded to a bigger-than-expected drop in US gasoline stocks and possible supply disruptions …

  Midway through Sunshine Week, which is observed nationwide each year to celebrate openness and transparency in government, Attorney General Gentner Drummond is highlighting several bills this state legislative session that he said would greatly improve governmental transparency. He issued his support for three bills to improve transparency, but continued …

  Crude oil stocks in the Cushing Hub of Oklahoma and across the U.S. declined in the past week, according to new figures released by the U.S. Energy Information Administration. Cushing’s total stocks declined from 31.7 million barrels on March 1 to 31.5 million barrels as of March 8, the …

  Back-to-back national champions at the University of Oklahoma. Not a sports team but rather five graduate students at the University’s Mewbourne College of Earth and Energy who recently named winners in the U.S. Energy Department’s 2023 Geothermal Collegiate Competition for their design of a system to heat a greenhouse …

    Even as the large wildfires that burned more than a million acres of land in the Texas Panhandle and western Oklahoma are still burning but nearly under control, the Texas legislature plans an investigation of its own. House Speaker Dadee Phelan plans to create a committee in a …