Devon announces 2 proposed candidates for board of directors

The board of directors of Devon Energy Corp. announced that Ann G. Fox and Keith O. Rattie have been nominated to stand for election to the board at the company’s annual meeting of stockholders on June 5. Fox, 42, is the president and chief executive officer of Nine Energy Service Inc., a Houston-based oilfield services …

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Crude oil prices topped $60 for first time in months

Crude oil prices topped $60 a barrel this week for the first time in nearly four months. Prices rose Wednesday after the government revealed figures showing how the American stockpiles of crude oil and refined fuels took a nose-dive last week. West Texas Intermediate crude futures settled 80 cents higher at $59.83 per barrel after …

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Talk about footing an FOIA search bill!

Whoa!  How about the $290,000 bill the Army wants to charge an environmental organization to do search for its Freedom of Information Act request? It’s not unusual to get a small fee for some FOIA requests and usually, members of the media can and often get their search fees waived. But not in thee case …

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Oklahomans await their turn in court against Roundup weed killer manufacturer

  While a second California jury has ruled Roundup weed killer caused cancer and is in the process of determining damages, a handful of Oklahomans who also sued the company await their cases to move forward. It was a unanimous ruling by a jury in San Francisco federal court as it determined Germany’s Bayer company, …

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Record low natural gas prices in West Texas

Equipment failure in New Mexico resulted in a record low next-day natural gas price at the Waha hub in West Texas. The failure stranded natural gas in the Permian basin and spot prices at the hub collapsed to an average of just 12 cents per million British thermal units for Wednesday. Prices fell belong the …

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Judge blocks drilling stating climate change was not considered by the government

A U.S. District of Columbia federal judge has temporarily blocked oil and gas drilling on thousands of acres of public land in Wyoming stating it was because of climate change. Judge Rudolph Contreras issued the ruling stating that the Trump administration failed to “sufficiently consider climate change.” He found the U.S. Bureau of Land Management …

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Texas investment firm active in Oklahoma’s STACK and SCOOP

Blue Sage Capital based in Austin, Texas announced 2018 was its most active year in its 18-year history and some of the developments happened in Oklahoma’s STACK and SCOOP plays. The firm saw the exit of three of its portfolio companies and the addition of two others. One of its portfolio companies, Cobalt Environmental Solutions …

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Williams to offer presentation at energy conference

Leaders of Tulsa’s Williams Company intend to take part in an approaching energy conference as they seek new investors. Alan Armstrong, president and chief executive officer will make a presentation at the Scotia Howard Weil 2019 Energy Conference in New Orleans on Wednesday, March 27. His presentation will not be available on webcast but the …

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Officials contend air is safe around site of massive Houston tank fire

  Texas environmental officials are assuring residents around the site of a 3-day long petrochemical storage terminal fire that the air is safe to breath. They claim there were no measurable air-quality problems after  the fire at the International Terminals Co. in the Houston suburb of Deer Park had been extinguished. Smoke from the massive …

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Electric cars are slowly displacing gasoline and diesel in the U.S.

The growth of electric vehicles in this country has yet to take much of a bite out of gasoline and diesel fuel.  But the vehicles are slowly displacing more of the fossil fuels according to a recent Bloomberg report. Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught …

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