Oil went up because of the two major storms hitting the Gulf of Mexico and so did the value of some Oklahoma related energy companies. SandRidge Energy saw a 5.06% jump of 8 cents a share, finishing Monday’s trading at $1.66. Devon Energy rose 3.26% or 34 cents to end the day at $10.78 …
Oil futures settled higher on Monday, getting a boost from reductions to crude and natural-gas output in the Gulf of Mexico due to storms in the region. October West Texas Intermediate oil rose 28 cents, or 0.7%, to settle at $42.62 a barrel on the New York Mercantile Exchange. That marked the first increase for a …
Nearly $66 million in water improvement loans and grants were made this month to 7 different cities by the Oklahoma Water Resources Board. The loans were made to improve water and wastewater infrastructure. The largest loan totaled $56,950,000 for the Broken Arrow Municipal Authority and came from the Oklahoma Clean Water State Revolving Fund and …
Voters in Oklahoma’s 5th congressional district vote Tuesday in deciding the Republican runoff between State Rep. Stephanie Bice and Oklahoma City businesswoman Terry Neese. While their campaign has become an example of how dirty politics can become, due to dark money and exaggerated claims from each camp, one thing missing from their campaigns is …
Oklahoma City-based Chaparral Energy has taken more actions in its Chapter 11 bankruptcy protection case filed in Delaware U.S. Bankruptcy Court. In a published notice the company said it has filed petitions for relief under the Chapter 11 and a hearing will be held in court on Oct. 1 of this year. The combined …
A Colorado coal company on Friday made it official: It’s trying to undo all limits on mercury emissions of coal-fired power plants. “EPA cannot continue to regulate coal fired power plants under section 112 after finding that there is no necessary and appropriate basis for such regulation,” Westmoreland Mining wrote in a Friday court document outlining its …
You think the jobless lines in New Mexico’s oil and gas industry are long now? Some industry people contend those lines would be nothing compared to those that might happen if Democratic Presidential candidate Joe Biden and his vice presidential running mate Sen. Kamala Harris get their wish to ban fracking. It’s the claim …
** The fossil fuel industry lost about 118,000 jobs from March to July — a 15.5% drop in employment for the sector. ** Turkey says its natural gas find in the Black Sea will likely be followed by further discoveries, altering the geopolitics of energy trade in its region. “It’s just the beginning,” President Recep Tayyip Erdogan’s spokesman Ibrahim …
The state of North Dakota has launched a plan to plug hundreds of abandoned oil and gas wells in the state, a move that will keep nearly 1,000 oilfield workers employed through the rest of the year. An estimated 2,000 acres of oil infrastructure, gravel well pads and roads will also be returned to …
Shareholders of Noble Energy, Inc. are being asked to take part in a special meeting in October to approve the pending $13 billion combination with Chevron Corporation. Noble announced the meeting will be Friday, October 2 at 10 a.m. Central Time. Friday, August 21 was the record date for shareholders entitled to vote at …
