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. …
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 …
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 …
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, …
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 …
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 …
As the old 5th Dimension song said “Up, Up and Away!” is the best description for what happened in Monday’s trading of Oklahoma energy stocks. Some jumped as much as 10% from Friday’s results and it’s clear that managers of the energy firms hope it’s a sign of better days to come amidst the …
Oil futures rose on Monday, with U.S. prices marking their first gain in three sessions as traders monitored developments tied to President Donald Trump’s COVID-19 diagnosis and an oil workers’ strike that’s expected to cut production in Norway. November West Texas Intermediate crude rose $2.17, or 5.9%, to settle at $39.22 a barrel on the New …
The third quarter 2020 results for OGE Energy Corp. will be released next month. The company plans to hold its quarter conference call to discuss the third quarter results at 8 a.m. Central Time on Thursday, November 5, 2020. This call is being webcast by Intrado and can be accessed at OGE Energy’s website at www.ogeenergy.com. …
A nonprofit fossil fuel advocacy group with ties to President Donald Trump’s reelection campaign has been targeting environmental organizations, Democratic presidential candidate Joe Biden and Democratic governors, including New Mexico’s Michelle Lujan Grisham, with criticism of energy policies it calls “radical” and “disastrous.” In July, Power the Future attacked Lujan Grisham for participating in …
