** Civeo Corporation announced that it has scheduled its first quarter 2020 earnings conference call for Thursday, May 7, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the quarter, which will be released before the market opens on Thursday, May 7, 2020.
** Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an OPEC nation that long boasted of having the world’s cheapest fuel.
** Xcel Energy plans to reduce rates by $25 million this summer due to low fuel costs.
** The U.S. Army Corps of Engineers’ halting of a wetland permit program for new oil and gas pipelines could tie up construction for months on a range of energy-related projects.
** An EPA regional administrator says the agency is continuing to improve air quality, while Colorado officials say rollbacks at the federal level are making their jobs harder.
** Opinions continue to be strongly divided over plans for a “coal campus” that would revive a mine near Sheridan, Wyoming and research alternative uses for coal.
** Plans revealed last week by the Trump administration would open up land near the Grand Canyon for uranium mining.
** The U.S. Coast Guard is monitoring the buildup of oil tankers off California’s coast with nowhere to unload for signs of environmental damage.
** PG&E will use helicopter patrols to inspect Napa County, California transmission lines as part of its leak survey and maintenance program.