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 …
Some environmentalists, upset with the EPA and Texas for not requiring tougher clean air rules for refineries, gas plants and chemical plants have decided to take their differences to court. Led by the Environmental Integrity Project, several environmental groups sued EPA Administrator Andrew Wheeler this week alleging his agency looked the other way when …
** A federal judge in Alaska ruled late on Tuesday that the Trump administration’s planned auction of oil drilling leases in the Arctic National Wildlife Refuge (ANWR) could proceed as planned on Wednesday morning. The order by U.S. District Judge Sharon Gleason comes after environmental groups and the indigenous people of northeastern Alaska sought a preliminary …
A dozen rural electric cooperatives in Kansas have banded together to build a 20 megawatt solar system to power 80,000 homes. 4 Rivers Electric Cooperative, Inc. was joined by 11 other cooperatives to invest in the system that will be installed across 800 miles of the state, according to WIBW TV. Two solar farms, …
West Texas and eastern New Mexico could be getting another natural gas pipeline. Double E Pipeline LLC, owned by units of Summit Midstream Partners, LP and Exxon Mobil Corp. applied with federal energy regulators to build a 135-miline line. Double E is proposing a line to carry an estimated 1.35 billion cubic feet of gas …
Tuesday proved to be outstanding for Oklahoma energy stocks and it was a case of which firms did not see increases in their prices. All of this while crude oil futures in the U.S. and those overseas increased. West Texas Intermediate fell 15 cents to settle at 49.78 in trading on the New York Mercantile …
Schlumberger has wrapped up its business deal that will give it a 37% equity interest in Denver-based Liberty Oilfield Services, Inc. Liberty announced the completion of Schlumberger’s contribution of its onshore hydraulic fracturing business on Dec. 31, 2020. The contribution included Schlumberger’s pressure pumping, pumpdown perforating and Permian frac sand businesses. Despite the 37% …
Add Tulsa’s Helmerich & Payne among those companies making a pitch to potential investors. The company plans to take part in two upcoming conferences where executives hope to attract the attention of those willing to invest. John Lindsay, President and CEO will be joined by Mark Smith, Senior Vice President and Chief Financial Officer …
The weekend death of Lockheed Martin’s Aeronautics business leader Michele Evans not only affected her firm but the oil and gas industry too. She served on the board of directors at Cheniere Energy. Evans died Jan. 1 after taking a leave of absence on Dec. 1 due to cancer that she had been battling …
Publicly-traded companies need investors in order to grow and survive and Phillips 66 is no different. It’s planning another fund-raising effort on Thursday as company chairman and CEO Greg Garland will speak to investors and securities analysts at the Goldman Sachs Global Energy Conference. He’ll speak at 11:45 a.m. Central Time and will discuss …
