September 2020 archive

Gains were few and far between for many energy firms in Tuesday’s trading

  Tuesday proved to be mostly a down day for many Oklahoma related energy stocks. Alliance Resource Partners was an exception as its shares jumped 8 cents for a 2.51% gain to $3.27. Blueknight Energy Partners rose 3 cents for a 2.05% gain to $1.49. Chesapeake Energy was down 9 cents for a 1.80% loss …

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Oil, natural-gas futures end higher as Hurricane Sally disrupts Gulf of Mexico energy production

  Oil futures got a lift Tuesday as Hurricane Sally neared landfall, forcing the shutdown of more than a quarter of offshore Gulf of Mexico crude production and a number of refineries. Nearly 27% of Gulf oil production and about 28% of natural-gas production has been shut in as of Tuesday, according to the Bureau of …

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Judge won’t let church expand its lawsuit against oil and gas firms in Bristow

  A Tulsa federal judge has ruled against a request by the Bristow First Assembly of God in its efforts to extend the number of defendants and deadlines in its lawsuit over a Superfund site that forced the church to move nearly six years ago. U.S. District Judge Terence C. Kern ruled against the church …

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Google’s fossil-free plan includes its operations in Pryor

  Google announced an ambitious plan this week to run its operations in northeast Oklahoma and across the world totally on carbon-free energy 2030. The company said it already has purchased enough carbon offsets to cancel all the planet-heating carbon dioxide emissions released by the company since its founding in 1998. Google’s Oklahoma data center …

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Judge dismisses wind farm developer’s lawsuit in Hutchinson, Kansas

  A Reno County District Court judge in south central Kansas has dismissed a lawsuit filed by a wind farm developer embroiled in a legal fight to build the Pretty Prairie Wind farm near Hutchinson. The dismissal came after developer Pretty Prairie Wind LLC, a subsidiary of NextEra Energy filed a motion to dismiss the …

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Energy news in brief

** During President Donald Trump’s visit to a wildfire-plagued California, he rejected that climate change is at the root of the West Coast’s ongoing state of disaster and instead blamed poor forest management, saying “I don’t think science knows” what is actually happening in the state. ** The U.S. clean energy sector added 13,556 jobs in …

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Wyoming Senator blasts EPA decision on biofuels mandates

  While the EPA administrator defends this week’s decision to deny small refinery exemptions of biofuels mandates, Wyoming U.S. Sen. Mike Enzi says it will hurt energy workers. “I’m disappointed in the EPA’s denial of these important small refinery waivers,” Enzi said in a press release from his office reported the Oil City News in Casper.  “The …

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COVID-19 pandemic claims a proposed Permian basin pipeline

  Developers of a planned crude oil pipeline to connect the Permian Basin of West Texas and southeast New Mexico have decided to cancel the project, blaming a struggling market during the COVID-19 pandemic. Enterprise Products Partners announced on Sept. 9 that it was cancelling its Midland to Echo 4 crude oil pipeline project that …

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Dell Technologies preparing for job cuts, report states

  Bloomberg News reports Dell Technologies is preparing to eliminate jobs as more businesses continue to struggle during the COVID-19 pandemic. How it might affect the company’s operations in Oklahoma City is unclear at this time. Dell is headquartered in the Austin, Texas suburb of Round Rock. The company’s chief operating officer, Jeff Clarke, informed …

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EPA sides with farmers on ethanol, rejects refinery waivers

  Federal regulators on Monday handed a victory to corn farmers and the renewable fuels industry by refusing to allow a group of petroleum refiners in 14 states to forego requirements to blend ethanol into the gasoline they make. It’s unclear how the action might affect the Supreme Court challenge of CVR Energy and its …

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