November 2019 archive

HollyFrontier to get new leadership

A leadership change has been announced by HollyFrontier Corporation in Dallas where CEO and President George Damiris intends to retire at the end of the year. Damiris was appointed CEO and President of HollyFrontier in January 2016 and has served on the Board of Directors of HollyFrontier since December 2015. He  joined Holly Corporation in …

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MoGas considers natural gas pipeline expansion

MoGas Pipeline, LLC , a wholly owned subsidiary of CorEnergy Infrastructure Trust, Inc. in Kansas City announced an open season to solicit interest in firm transportation capacity on its interstate natural gas pipeline in Missouri and Illinois. MoGas is considering an expansion of the capacity of its natural gas pipeline system to approximately 200,000 dekatherms …

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$1.6 billion cash and stock deal by Noble Energy

Houston-based Noble Energy Inc.  and its Noble Midstream Partners LP  master limited partnership announced a $1.6 billion cash-and-stock deal that will simplify the companies’ midstream operations. The deal, which closed Nov. 14, is the conclusion of Noble Energy’s strategic review of its midstream business, according to Nov. 15 press releases. It includes the MLP acquiring all of Noble Energy’s …

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Guilty plea made by Chinese National accused of stealing from Phillips 66 lab

Hongjin Tan, a 35 year old Chinese national and U.S. legal permanent resident, pleaded guilty Tuesday in federal court to committing theft of trade secrets from his employer, a U.S. petroleum company, Phillips 66 laboratory in Bartlesville. Tan pleaded guilty to theft of a trade secret, unauthorized transmission of a trade secret, and unauthorized possession …

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DEQ to use VW settlement money to install 55 EV charging stations in Oklahoma

The Oklahoma Department of Environmental Quality announced that the ChargeOK grant program has issued awards for $1,453,933 to install 55 electric vehicle (EV) charging stations across Oklahoma. A second round of awards will be announced in the future. DEQ set aside the maximum allowed portion of its VW Settlement funds to support ChargeOK, Oklahoma’s EV …

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New director named to WPX Energy board

  WPX Energy President and Chief Operations Officer Clay M. Gaspar has been elected to the Tulsa company’s board of directors effectively immediately. Gaspar has held increasing levels of leadership with WPX since joining the company in 2014. He started as senior vice president of operations and resource development, was promoted to chief operating officer …

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Helmerich and Payne’s 4Q earnings improved but fiscal year still suffered losses

  Helmerich & Payne, Inc.  reported income of $41 million or $0.37 per diluted share from operating revenues of $649 million for the quarter ended September 30, 2019, compared to a net loss of $155 million, or $(1.42) per diluted share, on revenues of $688 million for the quarter ended June 30, 2019. But the …

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Tar Creek restoration ideas sought from public

The Tar Creek Trustees are seeking submissions of restoration project ideas from the public according to the Oklahoma Department of Environmental Quality. Any individual or group can submit a restoration project idea which addresses natural resource injuries and/or cultural service losses within the Northeastern Oklahoma Mining Natural Resource Damage Assessment and Restoration Site (NOMNRDAR). Project …

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Inhofe and others wrestle with PFAS contamination issue

While Oklahoma Sen. Jim Inhofe and others on the Senate Armed Services Committee work on a new defense budget, one of their challenges continues to be PFAS chemical contamination on military bases across the nation. POLITICO’s Morning Energy Report said this week a new memo from the Defense Department ignores EPA guidance relating to the cleanup of …

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FBI starts corruption probe into Pennsylvania gas pipeline

  The FBI has begun a corruption investigation into how Gov. Tom Wolf’s administration came to issue permits for construction on a multibillion-dollar pipeline project to carry highly volatile natural gas liquids across Pennsylvania, The Associated Press has learned. FBI agents have interviewed current or former state employees in recent weeks about the Mariner East …

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