The magical question. Where is the oil and gas industry headed in Oklahoma? If anyone knew the answer, fortunes could be made. Misery could be ended in the industry, or in some cases, extended. “I think we’re bumping along the bottom here and I think our members are thinking about what the new world …
** Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low. The company’s shares closed in London on Thursday at 232.4 pence, the lowest level since October 1995. ** Eighty-five Democratic lawmakers, led by Reps. Jamie Raskin (Md.), Suzanne Bonamici (Ore.) and Kathy Castor (Fla.), wrote to the Commerce …
Oklahoma stood still in terms of active drilling rigs in the past week while the nation’s count grew by 6 to reach 261. Baker Hughes Company reported Oklahoma’s count stayed at a dozen active rigs but nationally, the number of oil rigs increased by 4 to reach 183 and the number of gas rigs …
While a University of Colorado Denver researcher found that only 20% of 488 public airports she surveyed have adopted solar panels for use in the past decade, Oklahoma City’s is not one of them. It’s the finding of School of Public Affairs researcher Dr. Serena Kim who questioned the airports about adoption of solar …
Economic leaders including those from the oil and gas industry admit they’re concerned about the economic impact of the COVID-19 pandemic on the Permian Basin and southeastern New Mexico. But oil and gas leaders sought to ease economic concerns stemming from the historic decline in the market in addressing the Carlsbad community at the city’s recent …
Colorado is poised to impose the biggest statewide oil and gas drilling setback in the nation – 2,000 feet from homes and schools – after state regulators unanimously backed the measure in an informal vote. The Colorado Sun reported that a final, formal vote will be held Nov. 6. But while setting the buffer for …
Oil and gas companies will have to control and monitor emissions from fracking and meet tighter emission-performance standards on the electric motors used at drill sites, under some first-in-the-nation rules passed Wednesday night by Colorado air quality regulators. The Colorado Sun reported the new rules for the so-called pre-production phase of drilling are in …
Refinery operator HollyFrontier Corporation and its Holly Energy Partners, L.P. plan to release third quarter financial results on September 30. The release will be made Wednesday before the opening of trading on the New York Stock Exchange. But it won’t be until Nov. 5, 2020 when company executives at HollyFrontier will hold a webcast …
Blackstone’s finalized the sale of its 42% stake in Cheniere Energy Partners. The company announced that its Blackstone Energy Partner closed the nearly $7 billion deal. The funds were also managed by Blackstone Infrastructure Partners. Blackstone spent 8 years with investments in Cheniere including $1.5 billion to help the company build the first two …
A Texas electric cooperative becomes the first in the state to install a utility-scale battery storage system at a substation. Pedernales Electric Cooperative recently energized a new battery storage system adjacent to its Johnson City substation, making it the first cooperative in Texas to utilize battery storage. The Corridor News reported the installation consists of three …