The support from New Mexico’s oil producers for new methane rules drawn up by the state got the attention of editorial writers in the Albuquerque Journal. The paper recently pointed out how the new methane rules are an example of how “government is supposed to work.” Click here for Albuquerque Journal editorial.
April 6, 2021 archive
Exxon Mobil takes Energy Transfer to court
A fight over pipeline payments led to Energy Transfer LP being sued this week by Exxon Mobil Corp’s XTO Energy shale unit. The disputed payments involve the Dakota Access Pipeline. Reuters reported Energy Transfer hit XTO with deficiency charges and revoked other credits after the oil producer shifted some oil to other outlets last …
How Stillwater made it through historic high winter gas bills
The City of Stillwater managed to recover from the February winter storm and historic high gas bills, thanks to some preplanning on the part of city leaders. Click here for Stillwater NewsPress
OGE to hold annual shareholders meeting May 20
OGE’s annual shareholder meeting will be held Thursday, May 20 according to a proxy statement filed with the Securities Exchange Commission. This year’s meeting will again be a virtual session because of the COVID-19 pandemic. The agenda includes the election of 10 directors, suggested compensation for company executives and a shareholder proposal calling for …
Phillips 66 faces bigger than expected 1Q losses
Phillips 66 predicted this week that its first-quarter loss could approach $700 million, a loss larger than expected because of the severe winter storm that hit the company’s petrochemical operations along the U.S. Gulf Coast. The major refiner, with significant operations in Bartlesville was hit by the February deep freeze which caused large power …
Valkyrie drone launches even smaller drone from inside payload bay
The Kratos XQ-58A Valkyrie drone manufactured in Oklahoma City successfully launched an even smaller unmanned aircraft from inside its internal weapons bay on March 26, the U.S. Air Force announced Monday. The launch came during the Valkyrie’s sixth flight test at the Yuma Proving Ground in Arizona. The drone opened its payload bay doors during flight …
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