Devon Energy plans to release its third quarter earnings report on Tuesday, Nov. 5. The report will be made public after the close of U.S. financial markets. The following day, Wednesday, Nov. 6, Devon will hold a conference call beginning at 10 a.m. Central Standard Time. Executives will be available for questions from …
Oklahoma Congressman Josh Brecheen is leading the push to restrict federal agencies from sending taxpayer money to Afghanistan. The Republican Brecheen’s bill is named the “No More Taxpayer Cash for the Taliban Act.” The McCarville Report quotes him as saying taxpayer dollars are being used to the benefit of the Taliban. The UN is currently …
The oil pipeline developer Crescent Midstream reportedly plans to build a carbon capture and storage project in southwestern Louisiana. Reuters reports the billion-dollar project would capture the carbon dioxide from Entergy’s natural gas-fired power plant at Lake Charles. Developers say the project is expected to capture up to three million tons of carbon dioxide yearly …
It could happen this week. The Federal Trade Commission is expected to approve Chevron’s purchase of Hess as soon as this week. Exxon is challenging the deal. The purchase was first announced a year ago. Reuters reports uncertainty over completion of the $53 billion purchase has knocked Chevron shares down by 1% this year. Exxon …
The approach of a second major hurricane in the last two weeks has oil companies evacuating workers from their Gulf of Mexico oil production platforms. The storm appears to be heading toward those production fields, for now. The US National Hurricane Center says Tropical Cyclone System Nine near western Cuba is expected to become a …
Brent crude was lower but WTI was higher on Monday. Reuters reported that worries about falling demand were compounded by disappointing eurozone business activity and a weak Chinese economy. West Texas Intermediate crude finished 31 cents higher Monday at $70.68 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, was 59 …
** The US Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due to national security concerns – a move that would effectively bar nearly all Chinese cars from entering the US market. ** The U.S. Energy Department awards a manganese and zinc mine under development in …
The National Institute of Standards and Technology (NIST) awarded Oklahoma State University (OSU) $5.5 million as part of the Consolidated Appropriations Act of 2024. The purpose of these funds is to increase knowledge about local weather systems in the lower atmosphere, enabling the safe integration of small Unmanned Aerial Vehicles and Advanced Air Mobility …
It’s not just a small increase that New Mexico regulators propose in oil and gas permitting fees to help fund staff to process applications and enforce rules. In some cases, it would be more than doubling the existing fees. Environment Secretary James Kenney recently informed a legislative committee that the big jump in fees …
The Oklahoma congressional delegation joins other Republicans in a vote supporting a resolution to overturn the EPA’s tailpipe rule. The Associated Press reports the GOP claims the move by the Biden administration would force people to buy high-price electric vehicles they don’t want. Opponents have called the rule change a “mandate,” but it doesn’t force …
