Energy Transfer says it has completed its Lone Star Express Pipeline expansion project in Texas. The company said the line adds more than 400,000 barrels a day of Natural Gas Liquids to its existing system which was delivered on budget and ahead of schedule. The new 352-mile, 24-inch pipeline originates in Winkler County, …
Corps of Engineers reviewing Dakota Access Pipeline
The Army Corps of Engineers has started an evaluation of whether to allow the Dakota Access Pipeline to continue operations following a federal judge’s revocation of the line’s easement. A lengthy environmental review was launched this week according to the Bismarck Tribune. Click here to read the story.
Energy news in brief
** Detroit-based GM is transitioning its Corvette engineering team, which contains some of the company’s most elite talent, to the electric and autonomous vehicles development team, reports InsideEVs. ** As demand for e-commerce rises, so too does demand for electric delivery vehicles from giants including Amazon, FedEx, and UPS, according to the Chicago Tribune. Midwest EV truck startups Bollinger Motors, Rivian, and Workhorse are named …
Gasoline prices higher following Hurricane Laura
Hurricane Laura was blamed for the jump in national gasoline prices and prices at the pump also rose in Oklahoma, reaching a statewide average of $1.93, up from the $1.89 average a week ago. The national average as of Tuesday was $2.23, up from the $2.19 average a week earlier. Gasoline prices in Oklahoma …
SandRidge says headquarters sale will assure its survival
SandRidge Energy, Inc. announced the closing on the $35.4 million sale of the company’s 30-story office tower and annex with parking in downtown Oklahoma City. It also stated the sale should affirm the company’s ability to survive in the oil and gas crisis as a result of the COVID-19 pandemic. “The company …
Cheniere Energy restarts Sabine Pass operation following hurricane
Cheniere Energy says its Sabine Pass Liquefaction operation and pipeline assets were not heavily damaged by Hurricane Laura. After a comprehensive assessment, the company has started to restart LNG production at Sabine Pass. The company also announced a pledge of $1 million to local groups supporting hurricane relief efforts. “Most importantly, all of our employees …
Helmerich & Payne, Inc. To Participate in Virtual Conferences in September 2020
Tulsa’s Helmerich and Payne is hoping to attract more investors as it takes part in upcoming investors conferences. John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, Dave Wilson, Director of Investor Relations, and other members of H&P management plan to participate in the following investor conferences during the month of …
Concerns aired over BLM’s northwest New Mexico land management plans
The Bureau of Land Management and the U.S. .Bureau of Indian Affairs are being told of growing concerns about a land management plan for northwestern New Mexico, a plan that involves oil and gas development. The two agencies held virtual meetings to answer questions about the Farmington Field Office’s Resource Management Plan. Some of …
NASA grant to Kansas universities to study 3D printing of space engine
Researchers at Wichita State University, along with Kansas State University and the University of Kansas, received a subcontract as part of a $127,000 grant from NASA to design a method of 3D printing a hybrid engine that powers unmanned space mission vehicles. The project seeks to develop a design framework for 3D-printable hybrid internal combustion engines to power unmanned aerial vehicles …
U.S. oil production rose to 10.4 million bpd in June – EIA
U.S. oil production rose in June, but did not fully recover from a dramatic plunge in May, according to a government report on Monday. U.S. oil output rose 420,000 barrels per day in June to 10.436 million barrels a day, the U.S. Energy Information Administration said in a monthly report on Monday. Production remained …