April 2021 archive

1Q financial results to be released in April by Alliance Resource Partners

  Coal mining operator Alliance Resource Partners, L.P. based in Tulsa plans to release its first quarter 2021 financial results before the market opens on Monday, April 26. A conference call will be held the same day at 9 a.m. Central Time.   Alliance is coming off 2020 where its fourth quarter revenues were 19.2% …

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Halliburton to provide petroleum data management platform for Norwegian Petroleum Directorate

  Halliburton Company announced it signed an eight-year contract with the Norwegian Petroleum Directorate to deploy and operate Diskos, the Norwegian national repository of seismic, well, and production data for the oil and gas industry. Halliburton Landmark will deliver Diskos 2.0 using DecisionSpace® 365 cloud services in iEnergy® – the industry’s first E&P hybrid cloud. …

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Williams to release 1Q earnings in May

  Williams plans to announce its first-quarter 2021 financial results on Monday, May 3 after the close of markets. The company will hold a conference call and webcast with analysts and investors on the next day, Tuesday, May 4 at 8:30 a.m. Central Time. Williams is coming off an all-time record results in 2020 with …

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RV manufacturers face slow recovery from winter storm

  Can’t get a new RV?  Blame the February winter storm that hit Oklahoma and Texas, shutting down some refineries. When the shutdown occurred, it stopped the production of foam, a product badly needed in the manufacture of RVs. Click here for story from Reuters.  

Fracking shows strong return after pandemic

    Fracking in North America has almost recovered to pre-pandemic levels, with the count of started frac jobs reaching a 12-month high in March 2021, a Rystad Energy report shows. Click here for OilPrice.com story.

Newspaper says national leaders need to look at Oklahoma for energy policy

  The Enid News & Eagle says the nation’s leaders should look at Oklahoma in the formulation of a national energy policy. Click here to read the paper’s editorial.  

Compass Minerals Enters Into a Definitive Agreement to Sell North America Micronutrient Assets

  A correction to last week’s story about Overland Park, Kansas-based Compass Minerals and its sale of some assets to Koch Agronomic Services LLC. The sale did not include salt mines owned by Compass Minerals but rather its micronutrient assets to Koch in a $60.25 million agreement. Compass considered the sale another strategic step to …

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New Mexico’s first billionaire is solar array developer

  A man who moved to New Mexico and developed a solar-array manufacturing business is listed as a billionaire on Forbes’ annual list of the richest people in the world. The Las Cruces Sun reported Ron Corio, 59 is listed as No. 2,524 and is New Mexico’s first billionaire with a net worth of $1.1 …

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Federal Reserve bank reports energy activity continued to increase moderately

  Oil and gas drilling in the region covered by the Federal Reserve Bank of Kansas City showed a moderate increase according to the bank’s latest Energy Survey. Chad Wilkerson, vice president and economist at the Bank said the survey showed activity had moved higher than year-ago levels for the first time since March 2019 …

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Oklahoma regulators to convene

  Oklahoma Corporation Commissioners will hold a regular meeting on Tuesday. The 24-hour signing agenda includes the application of Public Service Company of Oklahoma for regulatory treatment of it increases extreme winter weather storm costs. PSO also has an application for authority to issue $2 billion in senior unsecured notes to assist in its handling …

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