October 6, 2020 archive

Rail transportation update on COVID-19 impact

  The railroad industry will have a chance Wednesday to tell U.S. Senators how the COVID-19 pandemic is affecting its business. Rail leaders will testify before the Senate Committee on Commerce, Science and Transportation. Dubbed “Passenger and Freight Rail: The Current Status of the Rail Network and the Track Ahead,” the hearing will examine the …

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Wind energy degree at Texas Tech one of a kind

  With the growth in renewable sources of energy, a degree program in wind energy at Texas Tech University takes on more importance. Tech is the only school in the U.S. to offer an entire degree plan around wind energy. Other schools, including Canadian Valley Tech at El Reno offer courses in wind energy maintenance. …

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Special Corporation Commission meeting set for Wednesday

  Oklahoma Corporation Commissioners will hold a special meeting Wednesday where they might make a decision on the hiring of a Deputy Director of the agency’s Oil and Gas Conservation Division. Staff members last week gave their recommendation on a top candidate to assist in the running of the division, but commissioners delayed a decision.  …

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Weir Group to Sell Oil and Gas Division to Caterpillar for $405 Million

  The Scottish corporation Weir Group Plc has agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc. for $405 million in cash, as the engineering company focuses on its mining business. Shares of Weir surged 22.5% to 1,568 pounds, on track for their best day in more than 20 …

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Nine Energy Service Announces Timing of Third Quarter 2020 Earnings Release and Conference Call

  Nine Energy Service, Inc. has scheduled its third quarter 2020 earnings conference call for Thursday, November 5, 2020 at 9:00 am Central Time. Investors await word about the extent of the COVID-19 pandemic on the company’s bottom line. During the call, Nine will discuss its financial and operating results for the quarter ended September …

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Noble Midstream Partners Announces Leadership Transition and Changes to the Board of Directors

  Chevron’s acquisition of Noble Energy, Inc. resulted in some major changes in leadership roles. Noble Midstream Partners LP  announced that its general partner, Noble Midstream GP LLC, has appointed a new Chief Executive Officer and new members to its Board of Directors. As a result of the completed Chevron Corporation  acquisition of Noble Energy, …

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Hurricane Delta Strengthens, Heading for Mexico, U.S. Coast

  Oil and natural gas production in the Gulf of Mexico is being interrupted again as Hurricane Delta, the record 10th storm this season prepares to hit the southern states of Louisiana, Mississippi, Alabama and Florida. Delta is poised to clip the Yucatan Peninsula and at last report had become a Category 2 hurricane with …

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Montana Governor asks court to block actions by Trump’s land boss

    The governor of Montana on Monday asked a judge to block three sweeping land use plans that would open most U.S.-owned lands in the state to energy development, saying the documents were invalidated when the Trump administration’s public lands boss was removed for being in the post unlawfully. A judge last month ousted Bureau …

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