OK Energy News

  In yet another filing with the SEC, billionaire Harold Hamm and his family took another step toward their total purchase of Continental Resources Inc. and return it to private control. The Nov. 7 filing with the Securities and Exchange Commission included an amendment which stated Hamm’s offer of $74.28 …

  Just weeks after West Virginia U.S. Sen. Joe Manchin supported President Biden on one of his projects, Manchin has been left fuming after the President called for coal plants in the U.S. to be shuttered. The Democratic Senator blasted Biden calling his remarks “outrageous and divorced from reality,” adding …

  Colorado regulators have approved a plan by Crestone Peak Resources to carry out a 151 oil and gas well drilling project in a rural area immediately adjacent to the city of Aurora. The Colorado Oil and Gas Conservation Commission approved the project that will encompass 55 square miles reported …

  Coming Monday—a major announcement from the University of Oklahoma regarding its efforts targeting what is called a “critical shortage” of aviation professionals” in Oklahoma. The University says it will launch a major initiative through the College of Atmosphere and Geographic Sciences, including a “sizable expansion of its top-ranked School …

  Crude oil prices soared by 5% on Friday, thanks to a number of factors including the uncertainty of more interest rate hikes by the U.S. Federal Reserve and a looming EU ban on Russian oil. Oklahoma energy stocks recorded gains on the day too. West Texas Intermediate crude for …

  From now until Feb. 15, 2023, Oklahoma and Arkansas high school seniors are encouraged to apply for the 2023 OGE Positive Energy Scholarship. With its administrative partner the Oklahoma City Community Foundation, OGE Energy Corp. Foundation awards this scholarship to three deserving students and provides them with $15,000 per …

  OGE Energy Corp. , the parent company of Oklahoma Gas and Electric Company reported earnings of $1.31 per diluted share during the three months ended September 30, 2022, compared to $1.26 per diluted share in the same period in 2021. OGE Energy’s net income was $262.8 million or $1.31 per diluted share in the third quarter, compared to earnings of $252.5 …

  Some are suggesting this week’s election results will be one of the most important in the history of the Permian Basin. If Republicans win the U.S. House majority, they might use their power to stop the Environmental Protection Agency from declaring the Basin a non-attainment area reported The Odessa …

  Federal prosecutors announced this week the arrests of 13 persons allegedly involved in a ring of catalytic converter thefts around the Tulsa area. An estimated 2,000 converters were stolen in Tulsa in the past year according to U.S. Attorney Clint Johnson. News on 6 in Tulsa reported some of …

  China’s latest COVID policy raised concerns among crude oil analysts Thursday, causing a 2% slide in oil prices. At the same time, the hike in U.S. interest rates pushed up the dollar, adding to growing fears of a global recession which would result in less demand for fuel. West …