May 2020 archive

Oil/gas leases thrown out by Montana federal judge

  A federal judge in Montana has thrown out hundreds of federal oil and gas leases after determining the Interior Department failed to protect sage grouse habitat. Chief Judge Brian Morris of the U.S. District Court in Montana in a Friday ruling struck down 440 oil and gas leases across 525 square miles in the West. Morris …

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Biofuels battle isn’t finished for small refinery operators

Efforts by the Wynnewood Refining Company and Holly Refinery operations to obtain biofuel waivers from the EPA are far from over, even though the 10th U.S. Circuit Court of Appeals ruled against the small refinery operators. A U.S. biofuel trade group asked the Trump administration on Friday to deny requests from refiners seeking retroactive biofuel …

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Iranian tankers arrive in Venezuela with gasoline shipments

Despite having one of the world’s largest reserves of crude oil, Venezuela is starving to death because it cannot get the oil out of the ground and cannot sell what it produces. So this week, the Iranian oil tanker Fortune slipped quickly into Venezuelan waters becoming the first of five tankers from the Islamic Republic …

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Impact of Boeing layoffs unclear in Oklahoma City and Tinker Air Force Base

  Thousands of workers for Boeing Co. lost their jobs this week but it’s not clear whether the layoffs will hit the company’s Oklahoma operations, most of which are centered around Tinker Air Force Base in Oklahoma City. The company announced Wednesday the layoff of 6,770 workers as part of a plan to eventually reduce …

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California court rules against oil companies fighting climate change lawsuits

A California federal Court of Appeals ruled this week against ConocoPhillips and several other major oil companies sued by cities and counties seeking damages for the impact of climate change. The Associated Press reported the 9th U.S. Circuit Court of Appeals rejected arguments by energy companies and ruled state courts are the proper forum for …

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Oil increases past $34 barrel mark

With rig counts at a record low, oil prices rose 92 cents a barrel in trading Tuesday on the New York Mercantile Exchange following the long Memorial Day weekend. July futures contracts for West Texas Intermediate crude settled the day at $34.17 a barrel for an increase of nearly 3%. Brent crude futures gained 64 …

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OK regulators delay request for well shut-in order for Tulsa firm

  Another request by some energy producers for legal authority to shut-in operating wells because of the oil crisis and the coronavirus pandemic impact, appears to have support by two of Oklahoma’s Corporation Commissioners, but regulators on Monday delayed the request for at least another week. Because some who questioned the request by LPD Energy …

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North Dakota still has 7,500 wells shut-in during pandemic

Before the COVID-19 pandemic struck, North Dakota was the second highest oil producing state in the nation. No more. But the latest update from the North Dakota Bakken Restart Task Force, a group created by the state’s Oil and Gas Division shows 7,500 wells remain shut-in. That is, they were and are still temporarily shut …

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Big money being spent in fight over businesswoman’s ties to oil and gas in New Mexico

  A congressional race in South New Mexico is turning expensive as national Democrats have entered the fray as they fight the efforts of Claire Chase, a businesswoman who is connected to the state’s oil and gas industry. POLITICO reviewed the GOP primary in NM-02 and reported Democrats are supporting ex-state Rep. Yvette Herrell who …

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Air travel on the increase as COVID-19 pandemic restrictions are easing

Airline travel is gaining numbers as restrictions are being lifted over the COVID-19 pandemic. More airliners can be seen approaching Oklahoma City’s Will Rogers World Airport where in the past few months, few airliners were seen in the skies above the city. As a personal note, this reporter would often observe airlines approaching the city …

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