As it prepares for its merger with Southwestern Energy later in the year, Oklahoma City-based Chesapeake Energy Corporation plans a release of its first quarter operational and financial results. They will be made public after the close of markets on Tuesday, April 30. Company leaders plan to take part in a conference call the …
Colorado legislators made another recent step against crude oil being transported by rail through the state from Utah. The House okayed legislation to limit the length of trains in order to reduce chances of a hazardous spill. It’s the latest volley against the Uinta Basin Railway which has gone to the US Supreme …
The first quarter earnings report by Oklahoma City’s Gulfport Energy Corporation will be released in a few weeks. The company scheduled the release on Tuesday, April 30 after the close of markets. Leadership will holding a teleconference and webcast to discuss the results at 9 a.m. Central Time the following day, Wednesday, May …
While waiting on an extended Federal Trade Commission probe of its merger with Chesapeake Energy, Southwestern Energy plans a release of its first quarter financial results on May 2. The release will be following the close of markets, but because of the pending merger, company leaders do not plan a conference call or webcast …
** The Biden administration is reimposing sanctions on Venezuelan oil, it said Wednesday. The administration said it would renew sanctions that it temporarily lifted in October after Venezuela did not make sufficient progress toward a fair election. Companies will have 45 days to wind down their transactions with the nation’s oil and gas sector. ** The costs of enduring climate change …
Crude oil prices and Oklahoma energy stocks were down in Wednesday’s trading….oil by 3% due to an increase in US commercial inventories along with weaker economic data out of China. Analysts suggested that investors are still keeping a wary eye on what develops in the Middle East where Israel is contemplating a response to …
The U.S. Energy Information Administration reported the national crude stocks grew from 457.3 million barrels of oil reported on April 5 to 460 million barrels as of April 12. It marked another increase since March 29 when the national crude storage amounted to 451.4 million barrels. Cushing’s total of crude oil in storage …
Oklahoma Attorney General Gentner Drummond is asking a judge to determine whether confidential records used as the foundation for his “market manipulation” lawsuits against two energy firms have to remain confidential during any trial. Five days after his office sued two Texas energy firms and accused them of illegally profitting off high natural …
An oil and gas industry group in Wyoming is giving serious thought to heading to court to fight the Biden administration over its early-April rule that will make it more difficult for some oil and gas firms from bidding for energy leases on public lands. Here’s why the consideration of the Petroleum Association of …
** Sen. Josh Hawley, R-Mo., called on Energy Secretary Jennifer Granholm to resign Tuesday following a heated exchange over her past financial transactions. Hawley’s tense back-and-forth with Granholm came during a Senate Energy and Natural Resources Committee hearing held to review the Department of Energy’s (DOE) 2025 budget request. The Missouri Republican excoriated the energy secretary for violating the …
