** In the Wednesday night vice presidential debate, Kamala Harris emphatically stated that Joe Biden does not support a ban on fracking, a position many see as an appeal for votes in Pennsylvania, which President Trump narrowly won in 2016. ** A federal court vacates a FERC order holding that California utility PG&E could not back out of …
October 8, 2020 archive
Lankford and others introduce Bipartisan ‘DRIVE LESS’ Act to Save Taxpayers $500 Million
Senators James Lankford (R-OK), Jeanne Shaheen (D-NH), and Angus King (I-ME) reintroduced their bipartisan legislation to save taxpayer dollars by reducing the federal funding available for the acquisition and leasing of new federal vehicles. The Domestic Reduction In Vehicle Expenditure and Lowering Emissions from State Sources Act, or the DRIVE LESS Act, aims to significantly …
Pioneer Natural Resources Announces New Executive Management Responsibilities
Dallas-based Pioneer Natural Resources Company has realigned some of its management committee, making them effective the first of the new year. Richard Dealy, the current Executive Vice President and Chief Financial Officer has been named President and Chief Operating Officer. He has been CFO since 2004. Neal Shah, the company’s Vice President of Investor …
Enable Midstream Announces Third Quarter 2020 Financial Results Release Date and Conference Call Information
Oklahoma City’s Enable Midstream Partners, LP will release third quarter 2020 financial results before market hours Wednesday, Nov. 4, and will host a conference call at 10 a.m. EST (9 a.m. CST) that day to discuss the results. Investors are anxious to see if there was any improvement in earnings after the COVID-19 pandemic …
Kraken Oil and Gas Partners deploys Digital Flare Mitigation Systems at Four Sites in Montana and North Dakota
Montana’s largest Bakken oil producer, Kraken Oil & Gas of Houston has engaged Denver-based Crusoe Energy Systems Inc. to deploy 18 Digital Flare Mitigation modules between three oil and gas production sites in eastern Montana and one site in North Dakota. Crusoe’s deployments with Kraken are the first of their kind in Montana, The projects …
Plains All American Pipeline and Plains GP Holdings Announce Distributions
Plains All American Pipeline, L.P. and Plains GP Holdings announced their quarterly distributions with respect to the third quarter of 2020. PAA announced a quarterly cash distribution of $0.18 per common unit ($0.72 per unit on an annualized basis), which is unchanged from the distribution paid in August 2020. PAGP announced a corresponding quarterly …
Good News For Diesel Consumers, Tough News For Oil Patch Drivers In Federal Report
The Short Term Energy Outlook from the Department of Energy had good news for truckers in general and disappointing news for those companies and drivers that have seen demand for their services in the oil patch fall with the slide in the price of oil. In short, diesel prices will remain where they are …
Elon Musk said Starlink now has enough satellites in orbit to launch a public beta of its high-speed internet service
Elon Musk’s goal of beaming high-speed internet to remote parts of the Earth using orbiting satellites just got a step closer to reality. And if you’re lucky, on a good clear early morning, you might be able to see his results orbiting over Oklahoma. SpaceX on Tuesday successfully launched a batch of 60 satellites, …
FERC Complaint Lodged Against CenterPoint Over Secret Hedge Fund Involvement
Houston-based CenterPoint Energy is the target of a recent Federal Power Act complaint filed by two consumer adversary groups with the Federal Energy Regulatory Commission. Public Citizen and Citizens Action Coalition of Indiana allege CenterPoint Energy failed to disclose its financial affiliation with New York-based hedge fund, Elliott Management Corp., led by billionaire Paul Elliott …
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