PEMA Professional Energy Marketers Association

  ONEOK set the date for its annual meeting in May. The company said it will be a virtual only meeting on Wednesday, May 22 and will begin at 9 a.m. Central Time. It will be available through a live webcast. Registration will open on April 3. The record date …

  The Biden Administration and its Environmental Protection Agency are backing off deeply opposed plans to apply restrictive climate rules on the 2,000 gas-fired power plants across the U.S., including those in Oklahoma. But it is only temporary—until after the November election. The rule drew a rebuke last summer of …

Oklahoma City’s Chesapeake Energy and Houston’s Southwestern Energy Company are preparing for virtual meetings of shareholders to approve the merger they announced in January. The all-stock transaction valued at $7.4 billion was announced January 10 and at the time, the two firms revealed a new company name would be chosen …

    As a fight between Oklahoma’s oil and gas industry and the renewable power groups took shape in recent days, it would appear more governments around the U.S. are pulling in the reins on the growth of wind and solar farms. With 40 years under his belt in the …

  While some say the government has given too many subsidies and tax breaks for the renewable energy industry and the electric vehicle market, some leaders in Kansas say just the opposite. State economic development leaders there want the legislature to pass more tax breaks for electric and hydrogen-poweered vehicle …

  The U.S. and Oklahoma saw more gains of oil and gas rigs in the past week, according to a weekly report issued by Baker Hughes Co. Baker Hughes showed the nation had a 3-rig increase to reach 629. The number of oil rigs gained 3 to reach 506 while …

  With more than a million acres burned in wildfires that started in the Texas Panhandle and swept into western Oklahoma, officials feared the blazes would only grow over the weekend with little of them under control. The fires have left two dead in the Panhandle including truck driver Cindy …

  While its publicly traded shares have plunged to a dime each, electric vehicle maker Canoo Inc. announced it has received its first funding from the state of Oklahoma where it has operations in Oklahoma City and Pryor. The company said it received the first funding “for successfully achieving an …

    Oklahoma City’s Devon Energy has invested more funds into geothermal development, helping Houston’s geothermal company Fervo Energy raise $244 million in its latest funding round. The funds will finance the geothermal company’s next phase of growth as it puts to use oil and gas technology and techniques to …

Investors await Monday’s trading to see if crude oil prices might continue their gain following Friday’s 2% increase for prices. The increase came as traders waited on an OPEC+ decision on  second quarter supply agreements. At the same time, natural gas prices in the US continued their slow tumble downward. …