ClearSign Technologies Corporation, an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announced the relocation and grand opening of the company’s new headquarters to Tulsa, OK. The company, formerly located in Seattle, Washington will host the official opening and a ribbon cutting ceremony with …
First Automotive Director hired by Oklahoma
The Oklahoma Department of Commerce announced the hiring of Jimmy Cagle as the State Automotive Director. Cagle is retiring after 37 years on the communications staff of The Goodyear Tire & Rubber Company, 12 of which were spent at the company’s Lawton facility. In his role with the Commerce Business Development Team, he will …
Wednesday’s other energy news headlines
** Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union told members in a message seen by Reuters. ** Lawmakers who support the rival petroleum and ethanol industries have joined forces to oppose the Biden administration’s push to electrify …
Enviros threaten EPA with lawsuit in Colorado
Environmental groups don’t think the EPA has done enough to clamp down on ozone pollution—especially in the state’s northern counties where there are extensive oil and gas operations. The Colorado Sun reports some groups are threatening the Environmental Protection Agency with a lawsuit for missing a deadline to put the northern Front Range counties …
Chesapeake Energy names new Exec VP and COO
A new Executive Vice President and Chief Operating Officer has been named at Chesapeake Energy Corporation in Oklahoma City. The company announced Tuesday the appointment of Josh Viets to the position effective Feb. 1, 2022. “Josh has been at the forefront of how our industry is evolving for the future, and I am excited to …
Chesapeake Energy announces $2.6 billion acquisition in Marcellus
Chesapeake Energy Corp. announced Tuesday it had reached a $2.6 billion cash and stock deal to acquire Dallas-based Chief E&D Holdings and associated assets in the prolific Marcellus shale gas basin of Pennsylvania. The Oklahoma City-based company also said it would be selling assets in Wyoming’s Powder River Basin to Continental Resources for $450 …
Oil prices slipped in Monday’s trading while OK energy stocks went up
Another tumble in oil prices happened in Monday’s trading while Oklahoma energy stocks showed a sign of improvement. West Texas Intermediate crude for March delivery fell $1.83 or 2.15% to $83.31 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for March delivery dropped $1.62 to $86.27 a barrel …
ONG’s $1.3 billion in storm costs to be considered by Oklahoma regulators
Oklahoma regulators will take up the request of Oklahoma Natural Gas for securitization of its extreme costs stemming from the February 2021 winter storm. The matter was continued last week and Corporation Commissioners will meet at 2:30 p.m. to possibly vote on the request. ONG asked for the use of ratepayer-backed bonds to cover …
OK Supreme Court to air OGE storm cost hearing as more protests are filed
The Oklahoma Supreme Court has decided to live stream the public hearing Wednesday of a move by Oklahoma Gas and Electric to use up to $800 million in state bonds to cover its February 2021 storm costs. In a filing Monday, Chief Justice Richard Darby announced that the approaching referee hearing would be live-streamed …
NGL’s quarterly results coming in a few weeks
NGL Energy Partners plans to issue its fiscal 2022 third quarter financial results early in February. The Tulsa-based company announced it will release the earnings report after the close of markets on Wednesday, February 9, 2022. Members of NGL’s management team intend to host an earnings call following this release on Wednesday, February 9, …
