Texas Congressman Beto O’Rourke, the man who has become the darling of Democrats nationally and is even on some presidential possibilities list has been removed from a list of politicians who pledged not to take oil and gas money. It’s because he really did take campaign cash from oil and gas executives. In his campaigning …
December 19, 2018 archive
Who says coal is a thing of the past?
While the use of coal to supply electrical power in the U.S. is controversial, the world’s biggest coal project is developing in Australia. The Carmichael is considered the most contentious coal project and is supported by Indian billionaire Gautam Adani. It will cover nearly 250,000 square kilometers which is an area the size of the …
Cheniere Energy reaches 20-year LNG contract with Malaysian firm
Cheniere Energy Partners, L.P. the company building a $1 billion natural gas line out of Oklahoma’s STACK and SCOOP plays announced this week it’s reached a 20-year liquefied natural gas contract with a subsidiary of a Malaysian state-owned oil and gas company. Cheniere’s subsidiary Sabine Pass Liquefaction, LLC made the deal with PETRONAS LNG Ltd. …
Another oil pipeline goes into service in New Mexico’s Permian Basin
Another oil pipeline is in service to transport oil out of the Permian Basin in southeast New Mexico. San Mateo Midstream, LLC of Dallas announced its San Mateo Black River Oil Pipeline in Eddy County, New Mexico is now operational. The line went into operation after San Mateo carried out a successful open season earlier …
Kingfisher County Commissioners lose again in fight over temporary water lines for oil and gas use
The Oklahoma Supreme Court has more narrowly defined its ruling against Kingfisher County Commissioners in a fight over temporary water lines used for oil and gas drilling in the county. And the effect is the same—a ruling against the county commission. In a second ruling this week, the justices voided the county commission’s resolution issued …
Gulfport Energy names new company leader
Oklahoma City’s Gulport Energy Corporation has named a 40-year oil and gas industry veteran, David M. Wood to be its new President and Chief Executive Officer. He takes over immediately to replace Michael G. Moore who resigned last month after the company learned of his alleged misuse of the corporate aircraft. Wood will also joined …
Shareholder meetings announced for Chesapeake’s merger with WildHorse Resources
Oklahoma City’s Chesapeake Energy is preparing to finalize its $4 billion merger with Houston-based WildHorse Resource Development Corp., a merger announced in late October. In a filing Wednesday with the Securities and Exchange Commission, Chesapeake indicated its shareholders will hold a special meeting Jan. 31, 2019 to consider and vote on the issuance of Chesapeake …
ConocoPhillips wraps up acquisitions of oilfield production sites
ConocoPhillips announced this week it’s concluded its sale of a subsidiary that holds a 16.5 percent interest in the BP-operated Clair Field off the coast of Scotland. And it finished the purchase of an operation in Alaska. The sale to BP was for an undisclosed price and still leaves ConocoPhillips with a 7.5 percent interest …
OSHA reports fewer workplace deaths nationally but not in the oil patch
OSHA says there were 43 fewer workplace fatalities nationwide in 2017 than the previous year but the number of deaths in the nation’s oilfield increased. The government says it shows that safety is improving across the nation’s work places. But the exception is the oil patch according to one report by E and E …
Do conflicts of interest exist for Democrats who’ll assume control of energy committees in Congress?
The political newsletter Sludge, a website that follows the money says several Democrats in Congress including those soon to take over energy committees have millions in energy investments. And the companies where the investments are made have extensive operations in Oklahoma including oil and gas and wind farms. Here’s how Sludge reported is findings: On …