New Mexico’s Oil Conservation Commission set January 4, 2021 as the date for a hearing to enact new oil and gas regulations. The new regulations would affect methane and natural gas emissions and Commissioners will listen to testimony. Click here for story from Carlsbad Current Argus.
** Dominion Energy cuts its quarterly dividend to 63 cents to be paid Dec. 20 to investors of record as of Dec. 4. It will be a 33% reduction from the 94 cent dividend paid in mid-September. ** Reuters reports the clean-up of a massive oil spill in August from a vessel off Mauritius will …
Already struggling with previous losses as well as layoffs throughout Oklahoma, Texas and other states, Weatherford International reported a $60 million operating loss in the third quarter of 2020. But it is a sign of improvement for the company. The $60 million loss compares to the $497 million operating loss in the second quarter …
State Rep. Avery Frix, R-Muskogee, recently announced his intent to file legislation to modernize the state’s structure for radio and telecommunications infrastructure in the coming 2021 legislative session. “Recent ice storms that left hundreds of thousands of Oklahomans without power are just the latest example of why we must have an updated and reliable statewide …
Environmentalists and advocates of renewable energy usually have the support of Democrat voters in the U.S. but that wasn’t the case this week when it came to voting for President. Wind Power Monthly reported Oklahoma along with Texas, Iowa and Kansas—the top four U.S. states for wind power capacity case their majority votes for President …
A new report by the Texas Alliance of Energy Producers said the state’s upstream oil and gas economy continued to contract through the first nine months of 2020. TAEP’s report indicated its Texas Petro Index for September showed exploration and production activity declined for the 19th consecutive month. Click here to read the TAEP …
