Sunday , May 19 2024

OK Energy News

Energy users group successful in fighting for PSO customers

  A correction to our story this week about the Oklahoma Corporation Commission regarding PSO and a Voluntary Curtailment Service program. The Commission, in its 3-0 vote, approved a revised tariff proposed by the Oklahoma Industrial Energy Consumers, one opposed by Public Service Company of Oklahoma. We wrongly reported that …

Read More »

Crude oil made 3% gain Wednesday and took OK energy stocks along for the ride

Oil prices rose 3% on Wednesday and Oklahoma energy stocks had a good day as well. It proved to be a one-week high for crude based on an improved global economic outlook. Analysts indicated the impact of sanctions on Russian crude output outweighed a massive surprise build in U.S. crude …

Read More »

Lawsuit leveled against OKC energy company over damage to wildlife refuge and theft of water

  Revolution Resources LLC, the company formed 5 years ago, stands accused of damaging Oklahoma City’s Stinchcomb Wildlife Refuge and stealing water from the North Canadian River. The company and contractor Select Services were hit with a lawsuit in Monday in Oklahoma County District Court. (CJ-2023-158) reported The Oklahoman. The …

Read More »

Devon Energy’s 4Q results to be released in February

  Devon Energy plans to release its fourth-quarter and full-year 2022 reports in early February. The results will show whether the Oklahoma City energy firm indeed suffered a 2% drop in crude oil production as it said in a report released this week. Devon blamed the expected decline on the …

Read More »

Bice says congress must halt Biden’s anti-American energy agenda

In a message she called “Welcome to the Republican Majority,” Oklahoma congresswoman Stephanie Bice called for an end to what she said was President Biden’s anti-American energy agenda. Her call came in a letter to constituents in which she said it was also time to resume energy production in states …

Read More »