Oklahoma Gov. Kevin Stitt’s naming of two new cabinet secretaries this week included one with a long employment in the oil and gas industry. The governor named Jennifer Grigsby to be the secretary of economic administration. Grigsby is a certified public accountant and previously was employed by Chesapeake Energy Corp. for nearly 18 years. …
Crude oil prices made dramatic jumps in Wednesday’s trading. West Texas Intermediate crude for April delivery rose $1.55 to reach $63.22 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude for April delivery increased $1.67 to settle at $67.04 a barrel on ICE Futures Europe. Natural gas wasn’t so …
Magellan Midstream Partners announced it has started an open season to determine customer interest in possible expansion of its New Mexico refined petroleum products pipeline. The nearly 250-mile pipeline segment currently transports various grades of gasoline and diesel fuel from Magellan’s terminal in El Paso, Texas to terminals in Albuquerque, New Mexico owned by …
After taking emergency action last week to increase production at 100% on unallocated natural gas wells in Oklahoma, Corporation Commissioners will meet Thursday to reconsider the rate. The emergency move was taken February 16 and the increased natural gas production helped supply gas to power plants in order to provide electricity during the rolling …
Enable Midstream Partners, LP reported a fourth quarter 2020 net income of $96 million, an increase of $78 million over the fourth quarter of the previous year. But it also reported that revenues were $704 million for fourth quarter 2020, a decrease of $27 million compared to $731 million for fourth quarter 2019. Enable reported …
Oklahoma U.S. Sen. James Lankford says he won’t support Democratic U.S. Rep. Deb Haaland of New Mexico in her nomination by President Biden to be his Secretary of Interior. His decision was announced after Haaland underwent a second round of questioning by members of the Senate Energy and Natural Resources Committee of which Lankford …
Oklahoma Gov. Kevin Stitt is one of 17 Republican governors asking President Biden to withdraw his order banning new oil and gas development on federal land and offshore waters. “Pause the pause,” they wrote the White House. In their Feb. 22 letter, they argued the order has a negative economic effect upon western states …
** President Biden and first lady Jill Biden will travel to Houston on Friday. White House spokesperson Jen Psaki said during a press briefing Tuesday that Biden will meet with local leaders to discuss the storm and relief efforts. ** Harris County officials in Texas are looking into leaving Texas’ power grid after ice storms knocked …
After the winter storm last week forced a delay of ONE Gas Inc.’s release of its earnings report, the company rescheduled the release for Thursday, February 25. The release of the fourth quarter and full-year 2020 financial results will be after the close of markets. A conference call will be held Friday, February …
The leaders of Tulsa-based Williams say their company is stronger than ever and the potential is as well for the future of natural gas. Here’s why. Demand for natural gas continues to mount and the Oklahoma company is expanding its 30,000 miles of pipelines across the U.S. Click here for more from Natural Gas …
