Category: Oil & Gas

Would the Northeast actually give Williams a red carpet treatment?

  When Williams CEO Alan Armstrong recently said he would not  build a natural gas pipeline in New York and other New England states because of their past opposition to natural gas, he was speaking from experience. And he doesn’t like what he remembers who his firm was treated by those states. He vowed not …

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Energy briefs

** A North Dakota jury on Wednesday found Greenpeace liable for hundreds of millions of dollars in damages over its role in months-long protests against the Dakota Access Pipeline in 2016 and 2017. ** A federal judge on Tuesday blocked the Environmental Protection Agency from terminating $14 billion in grants awarded to three climate groups …

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Oklahoman Hamm among oil execs who met with President Trump

  Oklahoma oil billionaire Harold Hamm was among the oil executives who met with President Trump Wednesday at the White House where they discussed his plans to increase domestic energy production. Hamm, founder and CEO of Continental Resources and one of Trump’s biggest political donors joined other executives in their first sit-down with the President …

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APA cuts energy workforce by 15%

  APA Corp., the company formerly known as Apache confirms it cut about 300 employees from its global workforce which amounts to a nearly 15% reduction. It still has about 2,000 employees. APA, with operations from the Permian Basin to the North Sea, had been criticized by investors for being stretched too thin. Click here …

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North Dakota jury convicts Greenpeace in Energy Transfer pipeline trial

A North Dakota jury says Greenpeace is liable for hundreds of milions of dollars in damages over the role it played in the disastrous 2016 and 2017 protests against the Dakota Access Pipeline. A jury returned the verdict after two days of deliberations and decided in favor of Energy Transfer, the owner and operator of …

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Crude oil prices rose Wednesday as Fed held interest rates steady

  A couple of things affected the price of crude oil on Wednesday, keeping any large gains from occurring. One was U.S. government data showing a draw on fuel inventories while at the same time U.S. crude stocks rose. At the same time, there was the impact of the Federal Reserve move to hold interest …

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Scott Mitchell talks energy with Jerry Bohnen about carbon capture and opponents

  Scott Mitchell and Jerry Bohnen talk energy, focusing on the growing opposition to carbon capture in Oklahoma and the efforts of the legislature to create its rules and regulations.

Crude stocks fell in Cushing and the U.S.

  The U.S. saw a surprise drop in crude oil stocks over the past week and the same decline was recorded at Oklahoma’s Cushing Hub. The U.S. stocks fell 1.8 million barrels the week of March 14 when there were 437 million barrels in storage reported the U.S. Energy Information Administration. It was down from …

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Williams CEO has a long memory when it comes to natural gas in New England

  Williams CEO Alan Armstrong made it clear this week he’s not ready to commit his company to building a natural gas pipeline to New England as long as the area’s governors oppose the project. It puts him in opposition to President Trump who wants the Constitution natural gas pipeline to be built in order …

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Alaska’s crude oil production to grow in coming year

  A new report from the U.S. Energy Information Administration forecasts crude oil production in Alaska will grow by 16,000 barrels a day in 2026. The EIA’s Short-Term Energy Outlook expects production to reach 438,000 barrels a day after remaining relatively flat this year. Two new oil developments in Alaska—the Nuna and Pikka projects—are expected to boost …

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