NORMAN – Oklahoma’s football team will get its final nonconference warmup before SEC play begins when the 13th-ranked Sooners face Tulane at 2:30 p.m. Saturday at Gaylord Family – Oklahoma Memorial Stadium. The game will be broadcast on ESPN. The Sooners (2-0) will look to rebound in the offseason after allowing just 249 yards of […]
Falling oil and gasoline prices and the rest of the energy complex contributed to slow the annual inflation rate in August. According to AAA dataGasoline prices averaged $3.253 per gallon on Wednesday, compared with $3.445 a month ago and $3.832 a year ago. According to Bureau of Labor Statistics data released Wednesday, the gasoline index […]
NORMAN – It was anything but pretty and raised more questions than it answered, but 13th-ranked OU escaped with a 16-12 victory over Houston at Gaylord Family – Oklahoma Memorial Stadium on Saturday. The Sooners offense was unable to show much consistency, managing only one drive. Fortunately for OU, the defense did just enough to […]
OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]
(Bloomberg) — Sinopec, China’s largest oil refiner, reported a slight increase in first-half profit as better performance at its upstream operations offset weakness in refining and petrochemicals. Net profit for the first six months was 35.7 billion yuan ($5 billion), up 1.7 percent from a year earlier, according to a stock exchange statement on Sunday. […]
NORMAN – The third season of the Brent Venables era at OU and the first season for the Sooners in the SEC is just around the corner. OU opens the season on Friday, August 30th against Temple with promising prospects but also many question marks. Here’s a look at the best-case and worst-case scenarios for […]
(Bloomberg) — According to Kevin Gallagher, chief executive of Santos Ltd., demand for natural gas will remain strong despite government and corporate efforts to reduce emissions to zero by mid-century. Gallagher is under pressure to deliver on its ambitious strategy to increase production by more than 50% by the end of the decade and establish […]
(Bloomberg) — Russian gas producer Novatek PJSC appears to be pushing ahead with an expansion project for its Arctic LNG 2 plant despite Western energy sanctions. A small fleet of tugboats towing a second production train approached the site of the plant on Saturday, according to vessel tracking data. The platform left the construction site […]
By Julianne Geiger – August 16, 2024, 12:27 PM CDT The total number of active oil and gas rigs in the U.S. fell by two this week to 586. US crude oil production fell by 100,000 barrels per day in the week ended August 9. Oil prices, including WTI and Brent, fell […]
Gas from the project will flow to Shell’s QCLNG liquefied natural gas (LNG) plant on Curtis Island near Gladstone to fulfil long-term contracts and supply domestic customers. This is part of an existing 27-year gas sales agreement between Arrow Energy and QGC. Phase 2 is expected to deliver approximately 22,400 barrels of oil equivalent per […]
