Monday produced another drop in crude oil prices and it came on the heels of President Biden’s weekend announce he will not seek a second term in the White House—instead endorsing Vice President Kamala Harris. It proved the second consecutive session of losses in crude oil prices. US benchmark West Texas Intermediate crude saw its …
After five years, Mammoth Energy Services is finally being paid more than $188 million in settlement of its legal fight with Puerto Rico following the power restoration efforts after the 2017 Hurricane Maria. The agreement was reached by Cobra Acquisitions LLC, a wholly owned subsidiary of Mammoth and with the Puerto Rico Electric Power …
Natural gas producers will have an opportunity Tuesday to comment on a plan by state regulators to continue with a 75% limitation or proration formula on the production of natural gas from what are called unallocated wells. The Oil and Gas Division of the Oklahoma Corporation Commission recommended the 75% limit be the same …
Not letting up on his criticsm of the move by state regulators to approve billions of dollars in added costs from the 2021 Winter Storm Uri, Corporation Commissioner Bob Anthony had intended to present the testimony of a financial expert who agrees with him. Whether Hall of Fame accountant David Greenwell will be …
The shudder you might have felt across Oklahoma, Texas, New Mexico, Louisiana, North Dakota and other oil and gas producing states is from the oil and gas industry after Sunday’s announcement that President Biden decided not to run for re-election and instead gave a delayed endorsement of his vice president Kamala Harris. Here’s …
A clean environment project in Fort Smith, Arkansas and the Northwest Arkansas Regional Planning Commission is among the $4.3 billiion in grants in 30 states from the Environmental Protection Agency to reduce climate pollution. The EPA announced the funds will go to 25 projects targeting greenhouse gas emissions from transportation, electric power, commercial and residential …
After a slump in net sales and revenue in the first quarter, LSB Industries, Inc. prepares to release its second quarter earnings report next week. The release will be made on Wednesday, July 31 after the close of the stock market. Management of the Oklahoma City-based company plans a conference call the next day, …
** A proposed hydrogen pipeline that would stretch 200 miles across the Navajo Nation is an environmental threat and a safety concern due to lack of regulations, a Navajo grassroots group argues in an educational campaign about the project. ** Minnesota Power now estimates a coal ash spill at a northern Minnesota power plant is five …
Australia’s biggest oil and gas producer, Woodside Energy Group Ltd. is taking over Texas-based Tellurian in a $900 million deal. Under the acquisition, Woodside will pay about $1 a share in cash to take over the troubled LNG export project developer. As Bloomberg reported, Woodside has been a vocal energy company pushing for …
Williams is partnering with Ducks Unlimited (DU) to enhance critical wetlands and enrich visitor experience at two wildlife refuges in southwest Louisiana. Williams has committed $200,000 to support wetlands restoration and habitat management at Cameron Prairie and Lacassine National Wildlife Refuges in southwest Louisiana. DU is working with the U.S. Fish and Wildlife Service …
