Thursday , May 16 2024

Tag Archives: #OklahomaEnergy

Hern pushes for return of tough sanctions on Iran

  Oklahoma Congressman Kevin Hern wants to create the toughest Iran sanctions ever proposed by Congress. As leader of the Republican Study Committee,the Tulsa Representative was joined by former Chairman Jim Banks of Indiana and RSC National Security Task Force Chairman Joe Wilson of South Carolina in introduction of the …

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OKC creates lanes for city buses

  Motorists in Oklahoma City are being alerted to the city’s creation of street lanes just for city buses. Oklahoma City’s first bus lanes are here to support RAPID NW! Pavement marking and signage installation are underway in the outer right lanes of: NW Expressway between Independence Ave. & Classen Blvd. Classen Blvd. between …

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ONE Gas reports increased earnings in 3Q

  ONE Gas, Inc. reported a continuation of increased net income in the third quarter of the year, showing net income of $25.2 million or 45 cents a share. The total compared to $23.7 million and 44 cents a share in the third quarter of 2022, according to the company’s …

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Crude oil and Oklahoma energy stocks dropped in Monday’s trading

Crude oil prices have been on a roller coaster ride, gaining 3% last Friday and falling nearly 4%  in Monday’s trading. Why the fall? Mostly because fears have declined about the possibility that the Israel-Hamas war will disrupt oil supplies in the region. Plus, there is the matter of this …

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Colorado oil and gas operator ordered to post $133 million bond for unplugged wells

  Already at odds with Colorado regulators, oil and gas operator P. Kauffman just entered a higher level of fight over its more than 1,000 unplugged wells. State regulators recently ordered the company to post a $133 million bond to assure its 1,089 wells will be properly plugged. The order …

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Cracking down on E-scooter riders in OKC

  Oklahoma City is considering a new ordinance to require E-scooter drivers to obey traffic laws just as drivers of cars and trucks have to do. The Oklahoman reports the new restrictions might be in place by December. It’s already illegal to ride the electric scooters that are available for …

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Broadband Office takes next step in plans for $800 million in federal funding

The Oklahoma Broadband office is reaching out to Oklahomans about ways to use nearly $800 million in federal grant funds for high-speed internet expansion in the state. Oklahomans are asked to comment about what the OBO has come up with so far. The OBO has posted the BEAD Initial Proposal …

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Mullin calls for industry solutions not overregulation of plastic waste issue

  Oklahoma U.S. Sen. Markwayne Mullin believes private industry should be the ones solving the issue of plastic waste, and not overrulgation from the federal government. It’s the message he delivered at a recent Senate Environment and Public Works Committee hearing on evaluating material alternatives for single-use plastics. Mullin is …

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Mach’s IPO raises millions on first day of the offering

  Oklahoma City’s Mach Resources raised a reported $190 million on its first day of being listed on the New York Stock Exchange. The Anadarko basin oil and gas operator had priced its initial public offering on the Exchange, expecting to raise $171.7 million of net proceeds. It had proposed …

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Alliance Resources reports increased 3Q revenues

  Tulsa-based Alliance Resource Partners, considered one of the major coal mining companies in the nation, reported increased total revenues in the third quarter, but also lower net income. The company released its earnings report on Friday showing total revenues of $636.5 million compared to $632.5 million a year earlier. …

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