Tuesday proved to be outstanding for Oklahoma energy stocks and it was a case of which firms did not see increases in their prices. All of this while crude oil futures in the U.S. and those overseas increased. West Texas Intermediate fell 15 cents to settle at 49.78 in trading on the New York Mercantile …
Schlumberger has wrapped up its business deal that will give it a 37% equity interest in Denver-based Liberty Oilfield Services, Inc. Liberty announced the completion of Schlumberger’s contribution of its onshore hydraulic fracturing business on Dec. 31, 2020. The contribution included Schlumberger’s pressure pumping, pumpdown perforating and Permian frac sand businesses. Despite the 37% …
Add Tulsa’s Helmerich & Payne among those companies making a pitch to potential investors. The company plans to take part in two upcoming conferences where executives hope to attract the attention of those willing to invest. John Lindsay, President and CEO will be joined by Mark Smith, Senior Vice President and Chief Financial Officer …
The weekend death of Lockheed Martin’s Aeronautics business leader Michele Evans not only affected her firm but the oil and gas industry too. She served on the board of directors at Cheniere Energy. Evans died Jan. 1 after taking a leave of absence on Dec. 1 due to cancer that she had been battling …
Publicly-traded companies need investors in order to grow and survive and Phillips 66 is no different. It’s planning another fund-raising effort on Thursday as company chairman and CEO Greg Garland will speak to investors and securities analysts at the Goldman Sachs Global Energy Conference. He’ll speak at 11:45 a.m. Central Time and will discuss …
Battery graphite development company, WestWater Resources Inc. headquartered in Centennial, Colorado announced the nearly $8 million sale of its uranium assets in New Mexico and Texas. The buyer is enCore Energy Corp. of Canada. As part of the deal, WestWater picked up $1.8 million in enCore shares and two royalties from future production at …
BNSF Railway company has joined Wabtec in exploring the development of the trains of the future…battery-electric locomotives rather than those running on diesel fuel. The Fort Worth, Texas-based railway said testing got underway this week on a battery-electric locomotive that runs between Barstow and Stockton, California. The firm said it is exploring battery powered …
Tulsa’s Williams company will lay out its environmental and social efforts in a special virtual meeting later this month. The firm announced it will host a virtual Environmental, Social and Governance event Tuesday, Jan. 19 at 9 a.m. Central Time. Alan Armstrong, Williams president and chief executive officer, along with members of the …
The downturn in the oil and gas industry, one caused by the coronavirus pandemic has led to the layoff of 185 workers at a related pipe plant in Liberty, Texas. Workers for Bommerang Tube LLC got the recent news as the company also notified state officials. “Boomerang does not know if this layoff will …
** Mexico City voted to ban plastic bags from the capital’s shops starting last January, with a broadened restriction on other types of single-use plastics effective January 1, 2021. On January 1, Mexico City’s environmental secretary said via Twitter that “from today on Mexico City [is] without single-use plastics.” ** The Environmental Protection Agency has completed one of its last major rollbacks under …
