A leading global oil and natural gas producer, will purchase a top European operator of electric vehicle charging stations in an effort to roll out the technology at its service stations, according to a report in The Hill. Royal Dutch Shell announced Thursday that that it would purchase Netherlands-based NewMotion, which has produced more than 30,000 private charging …
Category: Oil & Gas
BLM Sued to Invalidate Nine Colorado Oil and Gas Leases in Favor of Gunnison Sage Grouse
A Colorado lawsuit filed in Denver federal court on Tuesday alleges the U.S. Bureau of Land Management failed to consult with wildlife managers and complete endangered species reviews before selling leases in March, according to a report by The Associated Press. The lawsuit — filed by San Miguel County, Rocky Mountain Wild, San Juan Citizens …
Williams to Announce Third Quarter 2017 Results on November 1
Tulsa-based Williams and Williams Partners plan to announce their third-quarter 2017 earnings on Wednesday, November 1, 2017. The company and the partnership will host a joint Q&A live webcast on Thursday, November 2 at 8:30 a.m. CST. A limited number of phone lines will be available at (877) 830-2641. The conference ID is 8089866. The …
Williams to Process Gas for Southwestern Energy, Expand Oak Grove Plant
Tulsa’s Williams Partners L.P. announced an agreement with Houston-based Southwestern Energy Company to expand its services in the Appalachian Basin of West Virginia where Williams has established a strong operational footprint, according to a company press release issued on Thursday. The agreement allows Williams to deliver gas processing, fractionation and liquids handling services in Southwestern’s …
WTI and Brent Crude Take a Dive on Thursday
After advancing for the past few days, oil futures retreated on Thursday despite a larger-than-expected drawdown of crude supplies, according to a report by Bloomberg MarketWatch. On the New York Mercantile Exchange, November West Texas Intermediate crude fell 70 cents, or 1.4%, to settle at $50.60 a barrel. December Brent crude, the global benchmark, dropped by …
Pipeline Rupture Reported Near Cushing Oil Storage Hub
Oklahoma Corporation Commission officials were put on notice Tuesday afternoon that an accidental pipeline rupture caused an oil spill near the Cushing oil storage hub site. Environmental remediation crews are cleaning the area reported by Centurion Pipeline, a subsidiary of Houston-based Occidental Petroleum Corp. Eric Moses, a company spokesman, confirmed that the incident occurred around …
OCC Hosting October Workshop for Oklahoma Royalty Owners in Colorado
The Oklahoma Corporation Commission Oil & Gas Public Assistance Department is hosting a workshop for Oklahoma royalty owners on Saturday, October 28, 2017 at The Broadmoor in Colorado Springs, Colorado. Registration begins at 7:00 a.m. and workshop hours are from 8:00 a.m. to 6:00 p.m. Scheduled topics and speakers include: “Things Every Royalty Owner Should …
WTI and Brent Crude Advance on Wednesday
For a third consecutive session, oil prices settled higher as OPEC raised its forecast for crude demand while indicating output by member countries rose in September despite a deal to limit production, according to Bloomberg MarketWatch. November West Texas Intermediate crude rose 38 cents, or 0.8%, to settle at $51.30 a barrel on the New York …
East STACK — The New Hot Spot in Oklahoma?
Statistics from the Baker Hughes rig count report issued on Friday revealed the Arkoma Woodford basin in southeastern Oklahoma was the fastest-growing oil and natural gas field in the country, according to a report by The Oklahoman. The Arkoma Woodford is also known as the east STACK and has commanded the attention of several players …
U.S. Army Corps of Engineers Requests Extension on DAPL Environmental Study
The U.S. Army Corps of Engineers has requested an extension until April of 2018 to complete a court-ordered environmental study of the Dakota Access pipeline, according to a news report published by the Williston Herald. The agency had anticipated completing the task by the end of 2017 but in recent court pleadings filed on October …