The oil and gas industry is out with major recommendations to the incoming Trump administration regarding energy and the environment. The American Petroleum Institute released a 5-point policy roadmap in an open letter to President-elect Trump. In it, the API said the steps were designed to protect cconsumers, bolster geopolitical strength, leverage US national resources …
** Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers. In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve as …
Mach Natural Resources LP reported improved financial and operating results for the three months ended September 30, 2024 over the second quarter. The Company also announced its quarterly cash distribution and provided its full year 2025 outlook. Mach reported total revenue and net income of $256 million and $67 million in the third …
Crude oil prices remained at a two-week low after Tuesday’s trading with only gains of a few cents. They stayed there after falling nearly 5% in the past two sessions, largely because of OPEC’s latest downward plans for demand growth. A strong U.S. dollar and disappointment over China’s latest stimulus plan, added to …
Oklahoma’s oil and gas industry and fossil fuel electricity generating power plants face new EPA requirements in two years. The State Department of Environmental Quality announced it will hold a public meeting in December to discuss the development of how Oklahoma will address emissions from the existing crude oil and natural gas facilities …
A four-day hearing is underway in New Mexico to consider banning “forever” chemicals from oil and gas operations. New Mexico’s Oil Conservation Commission is holding the hearing that started Tuesday. The target of the proposed ban are PFAS chemicals or Perfluoroalkyl and polyfluoroalkyl substances which are sometimes part of the chemicals used in the …
The future of lithium mining in Arkansas’ smackover formation? We’ve been following it over the course of the past two years. Geopolitical commentator Peter Zeihan thinks it is promising.. Click here for his podcast
( Photographer: Eddie Seal/Bloomberg) A new report shows employment in the energy services sector across the U.S. remained steady, whether it’s in the oil patch, installing solar panels or constructing wind farms. The Energy Workforce & Technology Council released its monthly jobs report which included Oklahoma, ranked third highest in the nation when it comes …
A former executive at The Williams Companies and Magellan Midstream Partners, John Chandler, has been named to the Board of Directors of Oklahoma City-base LSB Industries, Inc. The firm announced his appointment as an independent member of the board effective Nov. 7. Chandler has more than 30 years of experience in the energy industry, …
Bermuda-grass farmer Don Eckroat of Oklahoma City isn’t giving up on his fight against a Phillips 66 crude oil pipeline project going through his property. He’s now complaining how the construction that started in the last few weeks resulted in an 80-foot wide path across his property and also flooding. KFOR TV News reported …
