Oklahoma-based Love’s Family of Companies joined with Cargill in announcing a 50/50 joint venture in producing and marketing renewable diesel fuel. The two companies plan to construct a new production plant in Hastings, Nebraska, one with the ability to produce an estimated 80 million gallons annually of renewable diesel, a green fuel experiencing strong, …
Oklahoma City-based Mammoth Energy Services, Inc. will hold its annual meeting of stockholders on June 2, 2021. A proxy filing by Mammoth with the Securities and Exchange Commission indicated the meeting will be held at 10 a.m. Central Time at 14201 Caliber rive, Suite 300 in Oklahoma City. The meeting will include the election …
After starting the week with a slight increase, crude oil prices in the US and in Europe suffered losses in Tuesday’s trading and many Oklahoma energy stocks followed suit. West Texas Intermediate crude for May delivery suffered a 94 cent loss to $62.44 a barrel in trading on the New York Mercantile Exchange. In …
The Chesapeake Energy Arena is being renamed following the emergence of Chesapeake Energy from its recent Chapter 11 bankruptcy. The Oklahoma City Thunder made the announcement Tuesday morning on its website stating it was focused on identifying a new long-term naming rights partner and in the interim, the building would continue to be called …
Energy Transfer is putting up a fight in federal court to keep open its Dakota Access oil pipeline, arguing the systems shutdown would be even more harmful than previously anticipated. Their arguments were made Monday in U.S. District Court of the District of Columbia after a key permit was scrapped. Energy Transfer contended that …
Crude oil prices on Monday recovered much of what they lost on Friday. West Texas Intermediate crude oil for May deliver, considered the benchmark U.S. oil, rose 25 cents to $63.38 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent Crude went up 28 cents to finish the day at …
Oklahoma congressmen Kevin Hern and Markwayne Mullin, members of the Congressional Western Caucus and the House Energy Action Team will hold a roundtable Friday in Tulsa where American energy independence will be the topic of discussion. Louisiana Rep. Steve Scalise, the Republican Whip in the House will also take part in the session where …
Just a few months after it acquired Oklahoma City-based Enable Midstream Partners in a $7.2 billion deal, Dallas-based Energy Transfer launched its 25th anniversary celebration. The company is considered the leading midstream provider in the U.S. with more than 90,000 miles of pipeline in 38 states and Canada, international offices in Canada and Beijing …
An Iowa Democratic congresswoman wants the President’s $2.2 trillion infrastructure measure to include lots of money for the biofuels industry in her state. Rep. Cindy Axne started campaigning Biden administration officials to make sure the renewable fuels industry isn’t left out of the American Jobs Act being drawn up by congressional leaders. Radio Iowa …
Some Native American legislators in Kansas contend a new state law there making it a misdemeanor to trespass near oil and gas pipelines unfairly targets Native American protesters. Kansas Gov. Laura Kelly, a Democrat signed the bill into law last week and it takes effect July 1. It’s already a felony in the state …
