Category: General

Execs are gone from Pilot Travel Centers after takeover

    A shakeup in the top management at Pilot Travel Centers,  a few months after the nationwide company was taken over by Warren Buffett‘s Berkshire Hathaway. Brad Jenkins, president of Pilot Flying J Energy and Bill Cashmareck, vice president of Petroleum Marketing and Business Development are out. The company, with major Pilot Flying J …

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Coterra’s 4Q earnings report to come out in February

  With the Anadarko Basin as one of its three primary targets in oil and gas exploration, Houston’s Coterra Energy plans to release its fourth quater earnings report on Thursday, Feb. 22. The release will come after the close of the markets and it will be followed with a conference call the next day, Friday, …

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Lankford tells Biden to withdraw EV mandate

    While Oklahoma U.S. Sen. James Lankford is in the middle of the immigration negotiations over the Texas border with Mexico, he is also calling on the Biden administration to revoke its new fuel standards he contends are meant to drive people toward electric vehicles. In other words, pull the plug on the pro …

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Helmerich and Payne stocks jumped after release of earnings report

  Investors obviously liked the earnings report this week from Tulsa’s Helmerich & Payne as the company’s stock rose more than 12% following news of increased earnings. Trading closed Tuesday with a gain of $4.36 or 12.02% per share settling at $40.62. It came after the company reported net income of $95 million or 94 …

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NGL’s 3Q earnings report coming next week

    NGL Energy Partners LP plans to issue its fiscal third quarter report next week. The company will release the earnings report after the close of markets on Thursday, February 8 and old a conference call at 4 p.m. Central Time. NGL’s management team will discuss the financial results with analysts, investors and others. …

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Dallas companies to pay $7.4 in fines over 2022 oil spill near Cushing

    Two oil and gas companies have agreed in Oklahoma City federal court to pay $7.4 million in Clean Water Act penalties following a July 2022 underground pipeline rupture that leaked more than 7,100 barrels into Skull Creek north of Cushing. The agreement was made by Holly Energy Partners-Operating and Osage Pipe Line Co. …

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Energy quick reads

** The U.S. State Department on Tuesday indicated that it would reimpose sanctions on Venezuelan oil without further election reforms. ** California Gov. Gavin Newsom (D) is committing to the removal or circumvention of several long-disputed dams in a bid to revive the state’s salmon. ** The Federal Emergency Management Agency (FEMA) will compensate local and state …

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Crude up and Oklahoma energy stocks up following Tuesday’s trading

    Crude oil prices finished up as did Oklahoma energy stocks with one firm recording a 12% gain for the day’s trading. Prices of crude went up because of the growing tensions and worries about the U.S. response to the deaths of three American soldiers killed in Jordan. US benchmark, West Texas Intermediate crude …

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Amtrak passenger train derailed in Colorado after hitting milk truck

  A close call for passengers on board Amtrak’s California Zephyr as it rolled along in northern Colorado Monday night. The train, filled with 69 passengers, hit a milk truck that was on the tracks about 35 miles northeast of Denver near the town of Keenesburg and some of the cars decoupled. One Amtrak worker …

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Stored fuel presented dangerous situation for OKC firefighters

(KOCO TV)   An auto collision center was destroyed by fire early Tuesday morning along I-35 in Oklahoma City but not before it posed a potential disaster for firefighters. Nearly 300 gallons of fuel stored inside the structure on I-35 Service Road near Southeast 59th Street prevented firefighters from entering the burning building. It created …

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