December 2, 2020 archive

Devon declares dividend

  While it moves ahead with its all-stock merger with Tulsa-based WPX Energy, Devon Energy Corp. announced Wednesday a quarterly cash dividend on its common stock in the first quarter of 2021. The 11-cent a share dividend will be payable on March 31, 2021 on a record date of March 15, 2021 according to the …

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Energy news in brief

** Officials in San Jose, California vote to ban natural gas in new commercial and high-rise residential buildings in an 8-3 vote, the largest city in the U.S. to do so according to the San Jose Spotlight. ** Lisa Gordon-Hagerty, the head of the National Nuclear Security Administration, has resigned her position effectively immediately, Defense News has learned. ** A fleet of …

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Republicans pick new Minority leader on House Energy and Commerce

Republicans on the U.S. House Energy and Commerce Committee, including Oklahoma 2nd District Rep. Markwayne Mullin have a new minority leader following Wednesday’s selection by the Republican Steering Committee. Eastern Washington Rep. Cathy McMorris Rodgers was picked to be the Republican leader of the Committee. “This committee is critical to addressing the issues that matter …

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Some Oklahoma energy leaders downplay prospects of fracking ban

  Oklahoma energy leaders apparently don’t think a Biden administration will follow through with the much-talked-about idea of a national ban on fracking. It’s what the Oklahoma Journal Record reported this week in a story by reporter Trevor Brown. Click here for the Journal Record article.

ConocoPhillips to make Houston layoffs in takeover of Concho Resources

  The approaching takeover of Concho Resources Inc. by ConocoPhillips will apparently lead to the layoff of nearly one-fourth of the workers at ConocoPhillips headquarters in Houston. Bloomberg reports that employees will learn in February who gets the 60-day advance notice and who doesn’t. The layoffs will apparently apply only to the Houston offices and …

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Will Biden energy policies convert New Mexico?

  Writing in the National Review, Paul Gessing wonders if the anti-fossil fuel policies of a Biden administration will be enough to change the politics of New Mexico from blue to red. Will the state give up on energy ideas of the Democratic party and return Republicans to control of its governor’s mansion and legislature? …

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