The tense differences between Oklahoma Corporation Commissioner Bob Anthony and the two remaining commissioners, Todd Hiett and Dana Murphy became more evident Thursday during their regular meeting. At one point during a discussion of Anthony’s effort to have the regulators vote in a reaffirmation of a statutory ban of accepting a bribe, Commissioner Murphy …
** The sight of a huge oil tanker that has taken on water and is leaning to one side off a remote stretch of Venezuela’s coast has triggered international calls for action. After years of neglect, the FSO Nabarima, a rusting hulk full of thick crude, is in a dangerous state of disrepair. ** Marathon Petroleum has announced …
Energy remains an issue in this year’s presidential campaign. Whether it’s President Trump’s efforts to reopen drilling on some national lands or Joe Biden’s one-time pledge to ban fracking. Axios.com’s Amy Harder reported Thursday the natural gas issue is one that is plaguing Biden. Joe Biden has the most aggressive climate-change plan in presidential election …
How the move will affect its flights in Oklahoma City and Tulsa is unclear, but United Airlines is furloughing more than 16,000 workers, just weeks after American Airlines announced intentions to furlough or layoff 19,000 workers because of COVID-19 and what it did to the airline industry. Furlough notices went out Wednesday to 16,370 United …
Denver-based Ovintiv Inc announced its Canadian subsidiary has ended its joint venture with PetroChina Canada Ltd., bringing an end to their 8-year partnership. Ovintiv and PCC have been in a productive joint venture in the Duvernay since 2012. Prior to this week’s agreement, the parties each held an approximate 50% interest across the entire asset with …
a Oklahoma environmental officials are urging swimmers this Labor Day Holiday to use some caution. The cautionary suggestions are from the Oklahoma Department of Environmental Quality. Natural bodies of water, especially warm and stagnant water, can contain organisms that may cause illness. Bacteria, viruses, and other microorganisms can cause skin, eye, and ear infections, respiratory …
Construction resumed on the controversial $2.3-billion Texas natural gas pipeline, a spokeswoman for pipeline operator Kinder Morgan Inc said, as authorities investigated a suspicious package found at the construction site the previous day. Construction was halted temporarily on Tuesday, and a Texas Department of Public Safety spokesman said a bomb squad neutralized the suspicious …
Exxon Mobil Corp is assessing worldwide job cuts as the global coronavirus pandemic slices into fuel demand, with the largest U.S. oil company announcing voluntary layoffs in Australia in the latest in a wave of cost cutting. Exxon and other oil majors are axing jobs spurred by a historic collapse in fuel demand because …
With only a few exceptions, most energy companies with Oklahoma connections saw their shares drop in Wednesday’s trading. Alliance Resource Partners dropped 19 cents or 5.74% to $3.12. Chesapeake Energy was one of the exceptions as it saw a 96 cent jump for a 25.84% gain to $4.70 per share. Continental Resources dropped 3.92% or …
Oil futures declined on Wednesday, with U.S. prices settling at their lowest in nearly a month, pressured by a sharp, but temporary drop in domestic crude supplies and production, as output in the Gulf of Mexico sees a strong recovery from Hurricane Laura. West Texas Intermediate crude for October delivery fell $1.25, or 2.9%, to …
