Wednesday proved to be another big day in trading for some Oklahoma energy companies, despite the protests in Washington, D.C. and a drop in U.S. crude oil prices. Crude oil futures dropped in the U.S. but increased in Europe. West Texas Intermediate crude for February delivery fell 19 cents to $50.44 per barrel, a …
The Oklahoma Energy Resources Board announced the appointment of Ty Peck to its board of directors. Peck is the Crude Supply Manager at CVR Refining. He has more than a decade of experience in energy marketing and acquisitions. “As a native Oklahoman, I look forward to continuing the great work the OERB has done …
The newest Railroad Commissioner of Texas took part Wednesday in his first meeting. Jim Wright took his oath of office as the 51st commissioner earlier in the week. “Oil and natural gas will make up the majority of our nation’s energy for decades to come and it is best for our state, our nation …
Houston’s EOG Resources Inc. has come under new leadership after the board of directors promoted Ezra Y Yacob to be President effective immediately. Since 2017, Yacob had been executive vice president of E&P responsible for EOG’s Fort Worth, Artesia and international operating areas. He joined EOG in 2055 as a geoscience associate. “Ezra Yacob …
Tulsa’s Samson Resources II, LLC announced this week the planned sale of all of its Powder River Basin assets in Wyoming in a $215 million deal, a move that will put the company closer to a total shutdown. The sale to the undisclosed buyer will close around March 4, 2021 with an effective date …
Leadership of the Oklahoma House of Representatives and its various committee won approval during an organizational meeting this week for the start of the 58th Oklahoma Legislature. House Speaker Charles McCall, R-Atoka, was formally elected Tuesday by the full House to his third two-year term as speaker, making him the longest-serving Republican speaker …
In a move that’s sure to evoke a fight with the state’s oil and gas industry, a New Mexico state Senator says she will introduce a bill to create a four-year pause on fracking permits. Sen. Antoinette Sedillo Lopez, a Democrat from Albuquerque said it was not a moratorium but a “pause” on issuing …
The whole issue of banks denying loans to oil and gas companies is potentially a big one in Oklahoma. And the battle took another turn this week as Wall Street Banks, particularly those who want nothing to do with the energy industry, now want federal regulators to drop a proposed rule that would force …
The head of a Texas-based electric utility company was named to the Board of Directors of Williams in Tulsa. Williams announced the board appointed Stacey Dore’ as an independent director effective Wednesday. She is the chief executive officer of Sharyland Utilites, LLC, a firm that owns and develops transmission infrastructure assets in Texas. Dore’ …
Those thousands of oil and gas workers who lost their jobs in the past year in Oklahoma will be joined on the unemployment lines by employees of the Family Video Company. The Illinois-based firm plans to shut down operations of 300 stores across the U.S. It intends to close all 23 stores in the …
