The Environmental Protection Agency finds itself being sued by environmental advocacy group, largely because of earthquakes in Oklahoma and the handling of wastewater through injection wells. The groups recently filed suit claiming the EPA has not adequately regulated the disposal of waste from oil and gas drilling. The lead group filing the suit was the …
Details have yet to be released but a work-place death occurred early Wednesday at the ExxonMobil plant in Beaumont, Texas. The company said it happened around 12:30 a.m.. “We regret that a contractor was fatally injured in an incident at a unit under maintenance at the Beaumont refinery,” explained Exxon in a statement. “We have …
France is considering a total ban of U.S. shale gas because of hydraulic fracking, according to a report this week by Reuters. The wire service quoted French Energy Minister Segolene Royal who has started an investigation to determine any legal way for the ban since France has banned shale gas exploration using hydraulic fracturing. She …
Oklahoma Attorney General Scott Pruitt has been joined by attorneys general from five other states in supporting the lawsuit filed by TransCanada challenging President Obama’s blocking of construction of the Keystone XL pipeline. Montana, South Dakota, Nebraska, Kansas and Texas joined Oklahoma in filing the Amicus Brief. It argues the President does not have the …
Government leaders in Canada declare they have saved most of the city of Fort McMurray from the devastating wildfire that destroyed hundreds of homes in Canada’s oil sands city. An estimated 2,400 homes were destroyed but according to the Associated Press, another 25,000 others were saved including the city’s hospital, municipal buildings and …
Short and to the point—-Newfield Exploration’s announcement this week that 50 of its employees in Oklahoma would be laid off and nearly 150 others would be transferred from the Tulsa offices back to the firm’s headquarters in Houston, Texas. Blame the oil and gas downturn and Newfield’s loss of millions in the first quarter of …
Recovering from Monday’s stumble and buoyed by new government data anticipating a rise to $50 a barrel by next year, oil futures turned the corner on Tuesday to recoup recent losses, according to Bloomberg MarketWatch. June West Texas Intermediate crude on the New York Mercantile Exchange rose $1.22, or 2.8%, to end trade at $44.66 …
Oklahoma City-based Chaparral Energy has become the latest Oklahoma oil and gas producer to file Chapter 11 bankruptcy. The firm filed Monday in the U.S. Bankruptcy Court of Delaware. “This action will facilitate the restructuring of our balance sheet as we continue to work through negotiations of a debt to equity exchange with our bondholders …
The U.S. Geological Survey has released studies that for the first time show water-quality impacts directly due to what it called an unconventional oil and gas wastewater deep well injection disposal site. Two recent studies were conducted by the U.S. Geological Survey, the University of Missouri and Duke University. They indicated the presence of …
Oklahoma oilman Mike Cantrell is surprising some energy leaders with a call for them to support an end to tax credits for the state’s oil and gas industry. “The state of Oklahoma is in dire financial straits, in large part because the states oil and gas industry is in a depression, due to low prices,” …
