December 17, 2020 archive

Permits to drill for December 17, 2020

Permits to drill issued on December 17, 2020. permits: none were processed today

Completion reports for December 17, 2020

Completion reports filed on December 17, 2020. completions: none were processed today

Biden makes Interior Secretary pick and is blasted by oil and gas industry

  President-elect Biden has made two more cabinet picks including that of New Mexico Democratic Congresswoman Deb Haaland to be his interior secretary, a move that had been reportedly opposed by House Speaker Pelosi because it means the loss of one more Democrat in the House. Her selection brought immediate criticism from the oil and …

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Crude oil futures climb again

  Crude oil prices hit their highest levels since February on Thursday as West Texas Intermediate crude, the U.S. benchmark rose 1.1%. WTI finished at $48.36 a barrel with a 54 cent gain for January delivery in trading on the New York Mercantile Exchange. Global benchmark Brent crude reached its highest level since early March …

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Williams’ Global resolution with Chesapeake receives Bankruptcy Court approval

  Williams Cos. announced a South Texas bankruptcy judge has signed off on a global resolution reached last month with Chesapeake Energy as part of Chesapeake’s Chapter 11 bankruptcy process. Williams received a $112 million payment from Chesapeake in fulfillment of Chesapeake’s obligations to Williams before the filing of the bankruptcy case. The obligations were …

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Lawsuit aims to force coal mine shutdown in Southern Colorado

  Conservation groups in Southern Colorado have gone to court in a bid to force new water protection rules that will eventually lead to the shutdown of a coal mine west of Durango. A lawsuit was filed this week against the federal government and the U.S. Department of Interior to stop GCC Energy from expanding …

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OGE creates new Vice President’s position

  OGE Energy Corp. announced this week it created a new corporate position—that of Vice President of Corporate Responsibility and Stewardship and named Cristina Fernandez McQuistion to the office. She will assume her duties Jan. 1 of the New Year and will transition from her current role as Vice President and Chief Information Officer. McQuistion …

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Energy news in brief

** Bloomberg reports Pakistan will start building a 1,100 kilometer (684 miles) pipeline in July with Russia that will allow the South Asian nation to operate more liquefied natural gas terminals. ** Venezuela’s national oil company started unloading more than 1 million barrels of oil from a stricken tanker that had sparked fears of a major environmental …

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How serious is United Airlines about fighting carbon pollution?

United Airlines is so committed to doing something about the carbon emissions made by its jetliners around the world that it is making a multimillion-dollar investment in a new direct-air-capture facility being built in Texas. The plant is a joint venture of Occidental Petroleum and Rusheen Capital Management, a private-equity firm according to a report …

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Kimray inks major distribution deal with Utah firm

  Kimray, Inc. in Oklahoma City announced the signing of a major distribution agreement with Utah-based Profire Energy, Inc to distribute Kimray’s Electric Low Press Valve to customers in the US and Canada. Based in Lindon, Utah, Profire Energy, Inc. (“Profire”) is a technology company which designs, installs and services burner and combustion management solutions …

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