Coming off a $35 million net loss in the fourth quarter of 2020, Houston-based Nine Energy Service plans to release its first quarter earnings report in early May. The firm, with operations in Oklahoma will release the report on May 6 and hold an earnings conference call at 9 a.m. Central Time. The fourth …
In the Bakken of North Dakota, a play where some Oklahoma energy firms have significant investments and operations, the Hess Corporation announced the $312 million sale of some of its interests. Hess is divesting its Little Knife and Murphy Creek acreage to Enerplus Corporation. The sale consists of nearly 78,700 net acres located in …
England Mayor Butch House (center) talks with Delta Solar CEO Bob East (left) and Tyler Wilson, also of Delta Solar, after the ceremonial groundbreaking Wednesday on the city’s new solar array. (Arkansas Democrat-Gazette/Thomas Metthe) Instead of entering into a power-purchase agreement to get electrical power from a solar operation, the city of England in northwest …
Continental Resources announced its annual shareholders meeting will be held Thursday, May 20. In a proxy filing with the Securities and Exchange Commission, the company said shareholders will be asked to vote on the election of members to the Board of Directors, the ratification of independent auditors and the compensation of the firm’s named …
** Saudi Arabia’s energy giant, Aramco is in advanced talks to sell up to a 49% stake in its oil pipelines to a consortium of U.S., Chinese and local investors for between $10 billion and $15 billion, according to people familiar with the matter. ** Two House Republicans are demanding that the Environmental Protection Agency provide records …
Like utilities across Oklahoma and Texas that are dealing with historic high natural gas costs from the February winter storm, a utility in Nebraska is dealing with $80 million in natural gas costs. Black Hills Energy customers in the state could be hit with significant rate hikes to pay for the costs of the …
Crude oil prices struggled again on Wednesday as US prices settled just under $60 a barrel. West Texas Intermediate crude for May delivery finished up 36 cents for a less than 1% gain to $59.69 on the New York Mercantile Exchange. Brent crude for June delivery rose 37 cents for a gain of 0.59% …
A massive, $1 billion project to provide a safe and reliable source of drinking water throughout northwestern New Mexico and tribal nations is better positioned for coordinated implementation after tribal, state and federal partners recently signed a Memorandum of Understanding (MOU). The project, more than a decade in the making, will serve a quarter of a million people. The …
ONEOK filed a proxy statement and notice of its May 26 annual meeting with the Securities and Exchange Commission. The filing included 66 pages of explanation about the 11 nominees for the board of directors, the selection of PricewaterhouseCoopers LLP as the public accounting firm and the compensation for company executives. The election of …
Wind gusts of more than 60 miles an hour made for dangerous work for some energy workers on Tuesday in Oklahoma, especially for those climbing into high work positions. A graph from the Oklahoma Mesonet indicated a 63 mile an hour gust was recorded in Cimarron County while the rest of the state had …
