Leaders of the Oklahoma Space Industry Development Authority have hopes of more development of the Spaceport located at Burns Flat in western Oklahoma. They talked about their plans in a Sunday article by reporter Dale Denwalt in The Oklahoman. Click here for the story.
Schlumberger reported its third quarter earnings declined 1% from the second quarter and 2% from a year earlier. Worldwide revenue was $5.3 billion while international revenue totaled $4.1 billion. Revenue in North America was $1.2 billion and fell 2% from a year ago. Schlumberger CEO Olivier Le Peuch said it showed notable progress in the …
Cheniere Energy, Inc. investors await news whether they will continue seeing increased earnings in the third quarter as the Houston-based company will release its earnings report Nov. 6, 2020. Cheniere, leading producer and exporter of liquefied natural gas in the United States and a company with a major natural gas pipeline from Oklahoma’s STACK …
** The Trump administration said it would offer all available areas in the Gulf of Mexico for auction to oil and gas drillers on Nov. 18, the first major test of the offshore sector’s appetite for investment since early this year. ** A Minnesota judge on Friday ruled that the state’s pollution regulator and Enbridge Inc used …
The possible acquisition of Concho Resources Inc. by ConocoPhillips could come as soon as Monday according to a report by Bloomberg. If so, it could be the largest shale industry deal since the collapse in energy demand earlier in the year. The companies are reported to be finalizing the terms of a transaction and …
Natural gas prices moved higher on Friday as colder than normal weather is expected to cover most of the mid-west for the next two weeks. This cooler weather will be offset by warmer than normal weather which is expected to cover the entire east coast. The number of natural gas rigs increased by one …
The two largest U.S. energy firms, Chevron Corp and Exxon Mobil Corp, have increased their share of campaign donations to Democrats this year, according to latest filings, amid a looming battle over fracking. Reuters reported the vast majority, 85% of all oil and gas donations this election, have flowed on behalf of U.S. President …
Investment analysts who sort through the financial details of energy companies have tried to predict which ones might stumble and end up in bankruptcy court. Sometimes they’re right. Sometimes they’re wrong. Motley Fool is suggesting three energy companies with plenty of activity in Oklahoma could be among them in the future. The investment firm …
Energy stocks just can’t seem to get much of a break in development of a string of successive increases in trading. Thursday was no different as it proved to be like riding a teeter-totter. Some went up. Some went down. Alliance Resources Partners dropped 2.50% or 7 cents to slide to $2.73 per share. …
Oil futures settled a bit lower on Thursday, as rising cases of COVID-19 sparked new lockdowns in Europe, raising worries about further slowdowns in energy demand. Prices, however, nearly erased the day’s losses, buoyed by U.S. government data showing a bigger-than-expected 3.8 million-barrel weekly decline in domestic crude inventories reported MarketWatch. November West Texas Intermediate …