A city committee in Norman has voted in favor of approving construction of a the Red River Pipeline by Plains All American, despite objections of city residents. The pipeline company is the same one that was indicted by the state of California in May for last year’s oil spill near Santa Barbara, California. The Floodplain Permit …
A lawsuit’s been filed in Georgia by a company that claims it was mislead by Mississippi Power Company into building a $100 million pipeline. The Associated Press says Treetop Midstream Services, an affiliate of an oil company that planned to pump carbon dioxide underground to force out oil sued Atlanta-based Southern Co. and its Mississippi …
Members of the Board of Directors at Chesapeake Energy have increased their holdings in the Oklahoma City energy company. Filings made with the Securities and Exchange Commission reflected acquisitions of company shares for the directors as well as a newly-named executive. The filings reflected that $0 was paid for most of the shares. Board chairman …
Those recent county breakdowns of state jobless figures in Oklahoma also reflected a continuing loss of workers in the oil patch. The number of people employed in Oklahoma’s oil and gas industry in May totaled 15,300, a drop of 200 from April 2016. It was also 3,700 less than May of 2015, according to figures …
Tallgrass Energy Partners, a Kansas City area based company that ships oil to the Cushing terminal in Oklahoma announced quarterly distributions this week for the second quarter of 2016. The distributions will be paid on Friday, Aug. 12 to unitholders and shareholders of record on the close of business on Friday, July 29, 2016. The …
David House was named as the new president and chief executive officer of Tulsa’s Continuum Energy LLC as part of the company’s leadership transition plan, according to a report published in the Tulsa World. House succeeds Jason Few. According to the report, Continuum Energy operates dual headquarters in Tulsa and Houston. The company serves oil …
Oil futures fell on Tuesday as investors were apprehensive above energy demand, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, August West Texas Intermediate crude dropped $2.39, or 4.9%, to end trading at $46.60 a barrel. On the London ICE Futures Exchange, August Brent crude, the global benchmark, shed $2.14, or 4.3%, to …
A decision by the U.S. government to get out of the commercial helium business in the next five years has refiners and customers looking to Canada to fill their helium needs. A majority of the U.S. helium demand is filled by an underground reserve in Amarillo, Texas. The reserve supplies everything from party balloons to …
Halliburton has renamed Mark McCollum as the Houston company’s Executive Vice President and Chief Financial Officer. The announcement says the appointment will be effective immediately. McCollum will continue reporting to Dave Lesar, Chairman and Chief Executive Office at the company and will also remain a member of the company’s Executive Committee. Christian Garcia, who …
Both Oklahoma and the U.S. start the July 4th week with a pickup in oil rigs. Oklahoma added four in the past week to reach a working total of 58 while the U.S. count picked up 10 rigs to reach a total of 431, according to the latest figures provided by Baker Hughes Company of …
