Author's posts
Promotions at Plains All American
Plains All American Pipeline, the Houston firm with big operations at the Cushing tank farm announced several officer promotions over the weekend.
Steve Falgoust, Dean Gore, Barrry Holtzman, Megan Prout, James Robert and Jim Tillis were each promoted …
Fitch Gives Stable Rating to Noble Despite Energy Firm’s $8 billion Debt
Noble Energy, the firm once founded in Oklahoma and headquartered in Ardmore gets a ‘stable’ Rating Outlook from Fitch Ratings as well as a “BBB-‘ first-time ratings to the company’s Long-term Issuer Default Rating and senior unsecured ratings.
The an…
Phillips 66 to release 1st Quarter Financial Results in Late April
We’ll know how good or bad the economic situation is for Phillips 66 later in April when the company will release its first-quarter financial reports. The executive management will release the results on Friday, April 29 and also hold a conference call…
Tulsa Still Reeling from Possible Loss of Williams Cos. Headquarters in ETE Merger
“I know this news is unsettling.” Alan Armstrong, CEO of Williams Cos.
Word that the merger of Williams Cos. with Dallas-based Energy Transfer Equity will likely mean the consolidation of corporate offices and headquarters and relocation to Texas…
Crude Oil Futures Decline Before Market Holiday
Oil futures finished lower Thursday after a report showed that the number of rigs actively drilling for crude in the U.S. fell over the past week, suggesting that production might soon decline.
On the New York Mercantile Exchange, May West Texas Inter…
Rig Counts Tumble Nationally and in Oklahoma
Oil prices aren’t the only things falling this week. So are the rig counts in Oklahoma and across the U.S. according to the latest figures released by Baker Hughes Company of Houston, Texas.
Oklahoma’s count fell by three to reach 63, down from the 13…
Fracking Fraud Leads to $1.8 million Penalty Against Texas Attorney
A nearly $1.8 million penalty has been leveled by a federal judge against Texas attorney Gregory G. Jones in a fracking and securities fraud case. Jones was charged last year by the Securities and Exchange Commission for bilking investors in two securi…
Oil Futures End Below $40 a Barrel
Oil futures ended below $40 a barrel on Wednesday after U.S. government data revealed a sixth straight weekly climb in crude supplies that was about three times higher than the market expected.
Gasoline supplies dropped and demand remained strong, hin…
Chesapeake Won’t Settle with Fort Worth in Royalty Fight
While Oklahoma City-based Chesapeake Energy returned to court Wednesday morning in a fight over natural gas royalty payments to the city of Fort Worth while the city reached a $6 million settlement with Chesapeake’s partner, Total, a branch of the Fren…
Iran Vows to Increase Oil Exports
As if things weren’t bad enough in Oklahoma’s oil patch, now comes word that Iran plans to hike its oil exports by nearly a quarter in the first few months of the Persian New Year which started last weekend, acording to Genscape.
Iran’s production in …