March 17, 2016 archive

US Futures Close Above $40

The U.S. oil futures benchmark closed above $40 a barrel for the first time in 2016, a day after the Federal Reserve dialed back its expectations for rate increases and major oil producers set a meeting date to discuss a supply freeze.
On the New York…

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Completion Reports March 18, 2016

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Permits to Drill March 18, 2016

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Bankruptcy Liquidation for Oklahoma City’s New Source Energy

An Oklahoma City independent oil company that focused on drilling activity in eastern Oklahoma has become a victim of the energy downturn.
New Source Energy Partners as well as its general partner New Source Energy GP LLC filed for bankruptcy liquidat…

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Law Firm Announced It Is Investigating Williams Partners in Tulsa

A California law firm noted for its history of filing class-action lawsuits says it has started an investigation into Williams Partners L.P. to determine if the firm and its officers violated securities laws by issuing misleading information to investo…

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Ethanol Industry Rips Congress for Not Including It in Renewable Fuels Hearing

The ethanol industry isn’t happy that it was excluded from a U.S. House Oversight Subcommittee hearing this week to examine the Renewable Fuel Standard.
“Once again, no one from the U.S. biofuels industry wsa invited to testify, silencing a powe…

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Ethanol Industry Rips Congress for Not Including It in Renewable Fuels Hearing

The ethanol industry isn’t happy that it was excluded from a U.S. House Oversight Subcommittee hearing this week to examine the Renewable Fuel Standard.
“Once again, no one from the U.S. biofuels industry wsa invited to testify, silencing a powerful v…

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Ethanol Industry Rips Congress for Not Including It in Renewable Fuels Hearing

The ethanol industry isn’t happy that it was excluded from a U.S. House Oversight Subcommittee hearing this week to examine the Renewable Fuel Standard.
“Once again, no one from the U.S. biofuels industry wsa invited to testify, silencing a powerful v…

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Inhofe Files Bill to Allow Drones to be used for Pipeline Surveillance

Oklahoma U.S. Senator Jim Inhofe has introduced a measure to ensure drones can continue to be used by energy pipeline operators as well as others responding to natural disasters. He introduced the UAVs for Energy Infrastructure Act and immediatel…

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Inhofe Files Bill to Allow Drones to be used for Pipeline Surveillance

Oklahoma U.S. Senator Jim Inhofe has introduced a measure to ensure drones can continue to be used by energy pipeline operators as well as others responding to natural disasters. He introduced the UAVs for Energy Infrastructure Act and immediately drew…

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