June 10, 2020 archive

Energy news in brief

** Several Chinese telecommunications companies have operated in the United States for years without adequate federal oversight, a bipartisan Senate report warned Tuesday. ** A startup called Planet Labs says it has enough satellites floating around the earth that it can snap at least one photo of every spot on the planet every single day. ** A top scientist at Harvard University …

Continue reading »

Jewelry store chain closing 400 stores

  Energy companies aren’t the only ones shutting down operations. So is Signet Jewelers, a company that plans to close at least 400 stores nationally. However, Bill Hancock, the Business Services and Rapid Response Coordinator at Oklahoma’s Office of Workforce Development said he isn’t sure what the impact will be in the company’s Oklahoma operations. …

Continue reading »

Building energy standards mandated in St. Louis

St. Louis Mayor Lyda Krewson recently signed a law establishing a mandatory Building Energy Performance Standard in the city, which is the second-largest in Missouri. The new standard is the first building performance standard in the Midwest and just the fourth of its kind nationwide, following the adoption of similar standards in New York City, Washington, D.C. and Washington state …

Continue reading »

Higher prices and less oil production in EIA’s forecast

  The U.S. Energy Information Administration raised its 2020 forecast for West Texas Intermediate and Brent crude oil prices and lowered its expectations for U.S. crude-oil production, according to the Short-Term Energy Outlook report released Tuesday. The EIA pegged its 2020 WTI oil price forecast at $35.14 a barrel, up 16.7% from its May forecast. It …

Continue reading »

Blacklisting threat forces tankers to leave Venezuelan waters

  Two tankers that were sailing toward Venezuela to load crude have turned around since the weekend and three other vessels have left Venezuelan waters as the United States considers blacklisting dozens of ships for transporting the country’s oil, according to shipping data and industry sources. Washington is considering imposing sanctions on tankers involved in …

Continue reading »

ConocoPhillips to Hold Second-Quarter Earnings Conference Call on Thursday, July 30

  ConocoPhillips will host a conference call webcast on Thursday, July 30 at 12:00 p.m. Eastern time to discuss second-quarter 2020 financial and operating results. The company’s financial and operating results will be released before the market opens on July 30. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the “Register” …

Continue reading »

Tulsa Air and Space Museum to receive NASA Space Shuttle Crew Compartment Trainer

  The Tulsa Air and Space Museum announced it will receive a Space Shuttle Crew Compartment Trainer from NASA. The full-size Space Shuttle Crew Compartment Trainer was used to train astronauts during the Shuttle Program.  The Shuttle Trainer is a high-fidelity life-size replica of the Shuttle nose, cockpit and crew compartment of a shuttle, and …

Continue reading »

Devon completes 4 wells with combined production of nearly 2,700 barrels of oil a day

  While many oil and gas companies have shut-in some of their producing wells, Devon Energy has just completed four wells on a single pad site with combined production of nearly 2,700 barrels of oil a day. The STACK wells are located at 17 16N 9W in Kingfisher County and had spud dates of late …

Continue reading »