September 17, 2019 archive

Record oil and gas production in North Dakota

Flaring in North Dakota continues to exceed the state’s goals, but was still less than posted in last month’s oil and gas production report — despite the fact crude oil and natural gas production reached new heights. The monthly oil production report released Monday, Sept. 16, shows a 1.2 percent increase in crude oil production …

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Another Iowa ethanol plant stops operations

Uncertainty from the Trump administration about the future of ethanol production has resulted in a second Iowa ethanol plant shutting down production. The Siouxland Energy, a farmer-owned cooperative in Sioux Center. Its board of directors “decided to halt production” and a written statement blamed the Trump Administration’s waivers so ethanol doesn’t have to be blended …

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Groups planning ‘Climate Crisis’ day in Tulsa on Friday

Organizers of an event to bring more attention to what they call the “Climate Crisis” are hoping hundreds or more students walk out of their classes in Tulsa on Friday. “If everyone pulls their weight, Friday’s strikes will be the biggest day of climate action yet on our home planet!” said 350.org founder Bill McKibben. …

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Oil and Gas Expo only a few weeks away in OKC

The 23rd annual Oklahoma Oil and Gas Expo sponsored by SOER, Sustaining Oklahoma’s Energy Resources, is only a few weeks away in Oklahoma City.  More than 250 exhibitors have signed up to take part. “We still have three weeks and normally, we get a pretty good push in the final weeks,” according to Melanie Voice, …

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Sen. Lankford says Iran was behind attack on Saudi oil storage facilities

Oklahoma U.S. Sen. James Lankford makes no bones about it.  He feels confident Iran was behind the drone attack that literally cut in half the oil output in Saudi Arabia over the weekend. “Iran has been the provocative actor in the Middle East for decades,” he said Monday night in an interview on the Martha …

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Cherokee Nation Businesses to announce wage hike

Some of the hourly workers for the Cherokee Nation’s business sector will be getting pay increases. The tribe made the announcement this week and plans to offer details in a Wednesday morning news conference The news conference will be at 9:30 a.m. at the CNB Engineering and Manufacturing site in Stilwell. Cherokee Nation Businesses “prides …

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Devon Energy names new EVP

Devon Energy Corp.  announced that David Harris has been appointed to the position of executive vice president, exploration and production. Tony Vaughn previously served in this role and will retire from Devon after 20 years of service. “We are proud to announce David’s promotion to executive vice president, exploration and production,” said Dave Hager, president …

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LSB Industries to take part in NYC Investors conference

In an attempt to expand its number of investors, Oklahoma City’s LSB Industries, Inc. will take part in the Sidoti and Company Fall 2019 Investor conference next week in New York City. LSB’s Senior Vice President and Chief Financial Officer Cheryl Maguire will give a presentation on Wednesday, Sept. 25 at 1 p.m. Eastern Time …

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Cheniere and EOG Resources sign gas supply agreement

Houston’s Cheniere Energy, Inc. announced it has reached a long-term gas supply agreement with EOG Resources, Inc., another Houston firm that recently had 3 wells on a single pad in Grady County with production of more than 4,200 barrels of oil a day. Cheniere’s susidiaries, Corpus Christi Liquefaction, LCC and Cheniere Corpus Christi Liquefaction Stage …

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More oil to be transported to Cushing out of Colorado

Denver-based Taproot Energy Partners LLC says it’s secured a long-term agreement to move oil out of northern Colorado to the Cushing, Oklahoma crude storage facilities. The agreement is with Bonanza Creek Energy Operating Company, LLC which is a subsidiary of Bonanza Creek Energy, Inc. It involves a long-term acreage dedication concentrated in rural, unincorporated Weld …

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