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, …
Hurricane Delta Strengthens, Heading for Mexico, U.S. Coast
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 …
Montana Governor asks court to block actions by Trump’s land boss
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 …
A soaring Monday for energy stocks
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 …
U.S. oil futures finish higher for the first time in 3 sessions
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 …
OGE Energy Corp prepares to release 3Q earnings report in November
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. …
Fossil fuel group with Trump ties slams New Mexico governor, environmentalists
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 …
Climate change suit on SCOTUS docket
The U.S. Supreme Court will hear an appeal from oil companies aiming to overturn lower court rulings that state court is the proper venue for the climate change lawsuit brought by the city of Baltimore. The case is seen as a bellwether for the growing litany of similar climate change lawsuits against fossil fuel companies across …
Energy news in brief
** Murphy Oil Corporation will host a conference call and webcast beginning at 9:00 a.m. Eastern Time on Thursday, November 5, 2020 to discuss third quarter 2020 earnings. The company plans to release its financial and operating results before the market opens that morning. ** Houston-based RES announced the acquisition of Carolina Environmental Contracting , a construction …
AEP plans to electrify 100% of cars and light-duty truck fleet by 2030
American Electric Power, parent company to Public Service Company of Oklahoma said it will accelerate its electric vehicle purchases with the goal of replacing 100% of its 2,300 cars and light-duty trucks with EV alternatives by 2030. It means more electric trucks of the company’s subsidiaries throughout Oklahoma, Arkansas and the Texas Panhandle will …