PEMA Professional Energy Marketers Association

  Oklahoma Treasurer Todd Russ, the man in charge of the list of banks banned for their policies that discriminate against the oil and gas industry, came out this week with congratulations to three banks and investment firms that dropped their membership in the Climate Action 100+. In an announcement, …

    This week’s decision by Chesapeake Energy to trim some of its natural gas exploration, despite beating analysts expectations with strong fourth quarter earnings, is indicative of what’s happened to U.S. Natural gas producers. As OK Energy Today reported earlier in the week, the Oklahoma City gas giant said …

  Chesapeake Energy saw a  gain in its fourth quarter net income which totaled $569 million or $4.02 a fully diluted share but announced it won’t be as aggressive in new well exploration in the coming months. Its adjusted EBITDAX gained as well, moving from $580 million in the third …

Not only did crude oil prices drop in Tuesday’s trading, but Oklahoma energy stocks did as well. Analysts blamed growing worries about the global demand offsetting price support from the Israel-Hamas war. West Texas Intermediate for March delivery which expired Tuesday settled down $1.01 or 1.3% to $78.18 a barrel …

    A new report suggests that had the Biden administration’s methane emissions fees been in effect last year, some of the top 25 U.S. oil and gas producers, including several in Oklahoma, would have been liable for $1.1 billion in charges. It also means those same companies will likely …

    Usually the creation of another government office means more bureaucracy and of course, more funding by taxpayers. But the recent announcement by the Office of Management and Budget of its launching of the Federal Program Inventory (FPI) drew praise from Oklahoma U.S. Sen. James Lankford, someone known for …

    Farm groups in Kansas are urging the state legislature to adopt a bill to stop utilities from using the power of eminent domain for construction of solar farms in the state. Some opponents want legislators to go even further by prohibiting utilities using eminent domain to build huge …

  They will need approval from the Environmental Protection Agency, but two ethanol companies hope to construct the first carbon sequestration sites in the state of Kansas. Carbon sequestration involves the creation of deep underground wells where carbon dioxide emissions are pumped and removed from the atmosphere. It’s a controversial …

  The impact of a reimbursement of $250,000 by a bank that overcharged for its underwriting of winter storm bonds for an Oklahoma utility. What does it mean. Scott Mitchell and Jerry Bohnen talk about it in their latest edition of Mitchell Talks Energy. Just click the start arrow and …

  While Monday was a holiday in the U.S. and the markets were closed, global crude oil prices managed a slight increase and analysts credited the continuing worries over the fighting in Gaza and Israel’s standoff with other groups of terrorists. Brent, the global benchmark, gained 9 cents and settled …