The latest weekly oil and gas rig count showed declines in Oklahoma and the nation, according to Baker Hughes Company of Houston, Texas. Oklahoma’s count fell by one in the past week to reach 66 compared to the 136 a year ago. The nation’s rig count dr…
Tulsa-based WPX Energy announced it amended and restated its revolving credity facility, getting a total commitments of $1.2 billion on a senior secured facility with an initial borrowing base of $1.025 billion. The revolver matures Oct. 29, 2019.
“Th…
TransCanada, the company that constructed the Keystone pipeline from Cushing south to the Gulf Coast but failed to win approval of the northern leg from Canada to Nebraska, is paying $13 billion to buy the U.S. gas pipeline company, Columbia Pipeline.
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Midstream energy companies no doubt are wondering how new regulations proposed by the Pipeline and Hazardous Materials Safety Administration will affect them. The rules were announced Thursday and will soon be posted in the Federal Register as a Notice…
The move by the Obama administration to finally give up a several year running fight over oil and gas leases on land outside Montana’s Glacier National Park has a direct bearing on Oklahoma City-based Devon Energy. The land is considered sacred to the …
Despite layoffs in Colorado’s oil patch and low prices for oil and natural gas, anti-fracking activists aren’t giving up their fight to ban fracking. And now they have won approval to circulate petitions to put such a ban before Colorado voters.
The A…
Despite layoffs in Colorado’s oil patch and low prices for oil and natural gas, anti-fracking activists aren’t giving up their fight to ban fracking. And now they have won approval to circulate petitions to put such a ban before Colorado voters.
The A…
The U.S. oil futures benchmark closed above $40 a barrel for the first time in 2016, a day after the Federal Reserve dialed back its expectations for rate increases and major oil producers set a meeting date to discuss a supply freeze.
On the New York…
The ethanol industry isn’t happy that it was excluded from a U.S. House Oversight Subcommittee hearing this week to examine the Renewable Fuel Standard.
“Once again, no one from the U.S. biofuels industry wsa invited to testify, silencing a powerful v…
Oklahoma U.S. Senator Jim Inhofe has introduced a measure to ensure drones can continue to be used by energy pipeline operators as well as others responding to natural disasters. He introduced the UAVs for Energy Infrastructure Act and immediately drew…
