The International Energy Agency increased its global gas demand forecast for this year, but still sees the biggest fall on record due to the impact of the COVID-19 pandemic. The Paris-based agency said on Oct. 12 it now expected gas demand to drop by 3% year-on-year, or 120 billion cubic metres (bcm), to 3,886 …
Williams to Report Third-Quarter 2020 Financial Results on Nov. 2
Williams plans to announce its third-quarter 2020 financial results after the market closes on Monday, Nov. 2, 2020. The Tulsa company’s third-quarter 2020 earnings conference call and webcast with analysts and investors is scheduled for Tuesday, Nov. 3, 2020, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). In the second quarter, Williams reported …
Alliance Resource Partners, L.P. Announces Third Quarter 2020 Earnings Conference Call
Tulsa-based Alliance Resource Partners, L.P. will report its third quarter 2020 financial results before the market opens on Monday, October 26, 2020. Investors await news whether losses will continue because of the COVID-19 pandemic. Management of the second largest coal producer in the eastern part of the U.S. will discuss the results during a …
Former Chesapeake executive takes over leadership at Primexx Energy
The new President and CEO at Primexx Energy Partners Ltd. in Texas is M. Chris Doyle, a former executive vice president in charge of operations at Oklahoma City’s Chesapeake Energy Corporation. He succeeded Tom Fagadau who will continue to serve as a non-executive chairman for the company that has operations in the Southern Delaware …
Energy shares suffered Monday on Wall Street
Crude oil futures weren’t the only prices that took a beating in Monday’s trading. So did shares in numerous energy companies, those who call Oklahoma home and those who are active in the state but are headquartered elsewhere. Alliance Resource Partners finished Monday with a two cent gain or a 1% increase to $2.80 …
Oil prices log lowest finish in a week as constrained supplies come back on line
Crude-oil futures finished Monday at their lowest price in a week, with production in Libya, Norway and the Gulf of Mexico set to recover. Libya lifted force majeure at its largest oil field, producers began restoring output in the Gulf of Mexico following Hurricane Delta, and crude output in Norway looked to recover following …
Legislators question moving State Medical Lab to Stillwater
The stage is set for a political battle over the Oklahoma Medical Lab and Gov. Kevin Stitt’s plan to move it to Stillwater. State Rep. Ryan Martinez, R-Edmond, announced Monday he will file legislation in the upcoming legislative session to keep the Oklahoma Public Health Laboratory in Oklahoma City. Gov. Stitt last week announced plans …
Hot weather bakes Oklahoma in October
While snow fell in northwest Colorado on Sunday, temperatures reached 102 degrees in southwest Oklahoma. Go figure is how Gary McManus, State Climatologist with the Oklahoma Mesonet would probably put it. “We had a slew of hundreds across southwestern OK yesterday, topped with Hollis and Grandfield at 102 degrees. Who knew that days above 100 …
Regulators to review transportation regulations
The Oklahoma Corporation Commission’s Transportation Division is preparing for its potential rule making and asking the industry for comments. The division recently notified those in the industry of the possible changes and asked it to review the rules for its Chapter 30. “In preparation for this year’s potential Transportation Division rule making, we would appreciate …
Ameren’s renewable energy plan sparks questions about costs and its coal plants
Industry experts, in the wake of an $8 billion renewable energy plan released by St. Louis-based Ameren, are questioning how the region’s electric monopoly could both pay for substantial new wind and solar projects and also cover existing coal plant costs — without overburdening ratepayers. Click here to read the story from the St. …