A $10,000 grant from the Association of Central Oklahoma Governments will mean improved service at Norman’s municipal CNG fueling station. The Norman Transcript reports the grant will be used to increase storage of the gas and relieve pressure on the city’s compressors. It will also mean faster service not only for customers but operators of …
Oklahoma doesn’t have the worst health problems due to methane gas releases from the oil and gas industry in the nation but it’s in the top ten, according to a new analysis from two national environmental groups. As for the worst, they belong to Texas, especially the Dallas-Fort Worth and San Antonio areas. But in …
Nearly 450,000 gallons of gasoline containing three times the acceptable level of ethanol was delivered to central Oklahoma retailers over the past week. Tulsa-based Magellan Midstream Partners LP notified the Oklahoma Corporation Commission on Tuesday and advised that equipment failure at its Oklahoma City fuel distribution terminal is to blame. “We had a piece of …
Oil futures settled at a two-week low on Tuesday as traders await government supply reports, according to Bloomberg MarketWatch. October West Texas Intermediate crude slipped by 63 cents, or 1.3%, to settle at $46.35 a barrel on the New York Mercantile Exchange after tapping highs above $47. The settlement was the lowest since mid-August. On …
Colorado voters won’t be casting ballots in November on an issue to curb oil and gas activity in the state after the secretary of State ruled two such measures failed to come up with enough valid signatures. In one case, the state found enough signatures had been submitted but not enough to compensate for ballots …
Crude oil futures retreated on Monday as fears mounted that OPEC members may not reach an agreement to stabilize the crude oil market, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude fell 66 cents, or 1.4%, to settle at $46.98 a barrel. October Brent crude, the global benchmark, …
Promotions of several officers have been announced by Houston-based Plains All American Pipeline, L.P. Mark Gorman, Dan Nerbonne, Phil Smith and Dwayne Koehn have been promoted or have assumed more responsibilities. Gorman’s currently Executive Vice President Operations and Engineering and is moving to a new role of Executive Vice President. He’ll be a special advisor …
Oklahoma City-based Chesapeake Energy reports the results to date of its pending cash tender offers for its outstanding notes. As a result, it has increased the tender cap for Notes maturing during and after 2019 from $250,000,000 aggregate purchase price to $325,000,000 and together w3ith the $400,000,000 tender cap for Notes maturing prior to …
Oklahoma City-based Enable Midstream Partners has named Craig Harris to be executive vice president and chief commercial officer effective Sept. 6, according to an announcement by Enable’s president and CEO, Rod Sailor. “He brings an impressive track record of success in a variety of roles at energy-related organizations and solid experience in leading the development …
More than 15 percent of the stock of Phillips 66 is now owned by Warren Buffett’s company after it purchased another 414,065 shares in recent days. Berkshire Hathaway, based in Omaha, Nebraska now owns about 79.5 million shares of the company that was founded in Bartlesville. The 79.5 million is 15.2 percent of the Houston-based …
