PEMA Professional Energy Marketers Association

    The country’s largest steel pipe and tube manufacturer, Zekelman Industries of Chicago plans to invest up to $120 million to expand its manufacturing plant in northeast Arkansas. The move means an increase to more than 300 employees at its Atlas Tube plant in Blytheville. The company, in its …

  The nation saw a gain of active oil and gas rigs over the past week as the rig count grew by two to reach 619, according to the Baker Hughes rig count released Friday. The gain included 5 oil rigs to reach a total of 511 while the number …

PHX Minerals Inc. Logo   The borrowing ability of Fort Worth-based PHX Minerals Inc. is unchanged following a regularly scheduled semi-annual redetermination of the firm’s senior secured credit facility. Following the review, the facility reaffirmed PHX’s existing $50 million borrowing base with no changes to pricing, covenants or other material …

    The U.S. Commerce Department’s Office of Inspector General says allegations of whistleblower retaliation made by Oklahoma Congressman Frank Lucas and other members of a House committee against the Acting IG Roderick Anderson were  investigated and found to have no basis. The book was closed on the claims. In …

  Motorists can now legally drive 80 mph on part of the I-44/H.E. Bailey Turnpike in Oklahoma rather than hedging the 75 mph speed limit. The limit was increased to 80 on Thursday on a 59-year mile portion of the turnpike between Chickasha and Lawton in Comanche, Caddo and Grady …

Crude oil prices remained close to a three-week low after Thursday’s trading after the US resumed sanctions against Venezuela and Iran while tensions seemed to cool a little in the Middle East where Israel still could produce a military response to Iran’s attack. West Texas Intermediate crude, considered the US …

    Talk about wind….it’s what hit eastern Wyoming earlier in the month and power crews are still busy replacing nearly 600 utility poles that were downed in the storm. Snow fell and 50-mile an hour winds gave it added forcing, downing 590 power miles for the High West Energy …

  Gasoline prices are holding at higher amounts this week, reaching an average of $3.22 per gallon across Oklahoma. It’s a penny less than a week ago but 15 cents more than one month ago reports the American Automobile Association. Still, you could live in California where the average is …

  As it prepares for its merger with Southwestern Energy later in the year, Oklahoma City-based Chesapeake Energy Corporation plans a release of its first quarter operational and financial results. They will be made public after the close of markets on Tuesday, April 30. Company leaders plan to take part …

    After nine hours of testimony, County Commissioners in Lawrence, Kansas approved a permit to allow construction of a 600-acre solar farm near the city. Farmers and other landowners opposed the Kansas Sky Energy Center, a project financed by Evergy. Environmentalists and others supported the project that, according to Solar …