Hurricane Laura was blamed for the jump in national gasoline prices and prices at the pump also rose in Oklahoma, reaching a statewide average of $1.93, up from the $1.89 average a week ago. The national average as of Tuesday was $2.23, up from the $2.19 average a week earlier. Gasoline prices in Oklahoma …
SandRidge Energy, Inc. announced the closing on the $35.4 million sale of the company’s 30-story office tower and annex with parking in downtown Oklahoma City. It also stated the sale should affirm the company’s ability to survive in the oil and gas crisis as a result of the COVID-19 pandemic. “The company …
Cheniere Energy says its Sabine Pass Liquefaction operation and pipeline assets were not heavily damaged by Hurricane Laura. After a comprehensive assessment, the company has started to restart LNG production at Sabine Pass. The company also announced a pledge of $1 million to local groups supporting hurricane relief efforts. “Most importantly, all of our employees …
Tulsa’s Helmerich and Payne is hoping to attract more investors as it takes part in upcoming investors conferences. John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, Dave Wilson, Director of Investor Relations, and other members of H&P management plan to participate in the following investor conferences during the month of …
The Bureau of Land Management and the U.S. .Bureau of Indian Affairs are being told of growing concerns about a land management plan for northwestern New Mexico, a plan that involves oil and gas development. The two agencies held virtual meetings to answer questions about the Farmington Field Office’s Resource Management Plan. Some of …
Researchers at Wichita State University, along with Kansas State University and the University of Kansas, received a subcontract as part of a $127,000 grant from NASA to design a method of 3D printing a hybrid engine that powers unmanned space mission vehicles. The project seeks to develop a design framework for 3D-printable hybrid internal combustion engines to power unmanned aerial vehicles …
U.S. oil production rose in June, but did not fully recover from a dramatic plunge in May, according to a government report on Monday. U.S. oil output rose 420,000 barrels per day in June to 10.436 million barrels a day, the U.S. Energy Information Administration said in a monthly report on Monday. Production remained …
Democratic presidential candidate Joe Biden said on Monday that he would not ban hydraulic fracturing, a controversial method of drilling for crude oil and natural gas, if elected and called Republican assertions that he supports such a ban a lie. The comment added a level of nuance to Biden’s energy platform, which includes an …
