Leaders at Williams to discuss company’s environmental commitments

  Tulsa’s Williams company will lay out its environmental and social efforts in a special virtual meeting later this month. The firm announced it will host a virtual Environmental, Social and Governance event Tuesday, Jan. 19 at 9 a.m. Central Time.   Alan Armstrong, Williams president and chief executive officer, along with members of the …

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185 lose jobs at Texas tubing and piping company

  The downturn in the oil and gas industry, one caused by the coronavirus pandemic has led to the layoff of 185 workers at a related pipe plant in Liberty, Texas. Workers for Bommerang Tube LLC got the recent news as the company also notified state officials. “Boomerang does not know if this layoff will …

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Energy news in brief

** Mexico City voted to ban plastic bags from the capital’s shops starting last January, with a broadened restriction on other types of single-use plastics effective January 1, 2021. On January 1, Mexico City’s environmental secretary said via Twitter that “from today on Mexico City [is] without single-use plastics.” ** The Environmental Protection Agency has completed one of its last major rollbacks under …

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New Mexico launches public hearings on more restrictive flaring rules

  New Mexico has started public hearings on proposed tougher rules targeting venting and flaring of gas by the state’s oil and gas operators. The first of several days of virtual hearings was held Monday as the state’s Democratic Gov. Michelle Lujan Grisham followed through on a promise to adopt some of the toughest rules …

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Xcel to close coal-fired Colorado power plant earlier than expected

  Two announcements this week by Xcel Energy show the direction Xcel Energy is headed when it comes to energy production. While Xcel Energy announced the earlier-than-expected closing of its coal-fired power plant near Steamboat Springs, Colorado, the company also announced the addition of 500 megawatts of new large-scale solar generation in Minnesota. Xcel’s Hayden …

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Kinder Morgan’s Permian pipeline goes operational

    Kinder Morgan’s $2 billion Permian Highway natural gas pipeline became operational this week as the company said it is fully subscribed under long-term contracts. The line entered full service on Jan. 1 carrying natural gas from the Permian Basin to the Gulf Coast, although gas had been flowing on weeks on the line …

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Oklahoma energy stocks had a strong Monday

  Monday was a good day for several Oklahoma energy companies as their shares made significant gains on the first full day of trading in 2021. The strong showing came as crude oil prices dropped on Monday. West Texas Intermediate crude for February delivery fell 27 cents to $47.35, a change of 0.57% in trading …

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Economy is up but not optimism in Oklahoma and other Midwest states

  A monthly economic survey taken and released by Creighton University shows the economy is improving in Oklahoma and 8 other Midwest and Plains states. But economist Ernie Goss, who oversees the survey, also found that business leaders are less optimistic following the latest jump in COVID-19 cases in the region. The Associated Press reported Goss …

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Energy execs predict increased Capex spending this year

  When it comes to capital spending by oil and gas companies in this new year, many executives predict there will be an increase over 2020. It was the finding of a poll of U.S. energy company leaders by the Federal Reserve Bank of Dallas. The survey found about half of them expect their company’s …

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Pandemic’s effect on oil and gas grads

  For college graduates, finding a job can always be challenging, and yes, frustrating. But as the New York Times found out, those grads who chose oil and gas for their possible careers are more than frustrated as the industry was smacked by the coronavirus pandemic. It’s nigh on impossible to find a job for …

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