American Petroleum Institute President and CEO Mike Sommers joined U.S. Secretary of Energy Dan Brouillette and business and policy leaders from across Colorado and the Mountain West this week for a virtual roundtable discussion on the importance of infrastructure and sound policy to putting Americans back to work and strengthening U.S. energy security. “As we all …
The Oklahoma Department of Environmental Quality says the presence of E. coli in the drinking water of Boynton in Muskogee County has resulted in a boil order. The DEQ advised the Boynton Public Works Authority to warn its users of drinking water to use water that has been brought to a full, rolling boil for …
Halliburton jumped 5.2% after announcing a money-saving collaboration with Honeywell, which was up 1.3%. In an attempt to reduce risk and lower costs, Halliburton — which provides oil field services — and Honeywell — a manufacturing conglomerate — will join their software solutions and cloud applications to “deliver unparalleled insights about oil and gas …
The Trump administration has canceled plans to open tens of thousands of acres for oil and gas drilling near three national parks in Utah next month, a victory for environmentalists and residents angered by its proposal. In all, the Bureau of Land Management’s plans had called for more than 114,000 acres of federal land …
The Pine Gulch Fire has surpassed 50,000 acres, making it the 7th largest fire in Colorado’s recorded history. According to a Wednesday morning update, the Pine Gulch Fire is now 51,455 acres and remains at 7 percent containment. Red flag conditions contributed to a very active day of growth on Tuesday according to Out …
As the government reported oil stocks edging up more than 1 million barrels at the Cushing, Oklahoma storage hub but falling nationally, oil futures rose Wednesday to a five-month high. It was the third week in a row that domestic crude supplies dropped. West Texas Intermediate crude for September delivery gained $1.06 or nearly …
A new member has been named to the board of directors at Oklahoma City’s Mammoth Energy Services, Inc. Dr. Corey Booker, the founder and CEO at OnPulse, LLC, a healthcare management services company was named as an independent director. He was also named to the board’s audit committee. Dr. Booker, 44 also practiced medicine as …
An administrative law judge at the Oklahoma Corporation Commission has taken under advisement arguments in the legal fight between Burlington Northern Santa Fe railway and the city of Moore which wants to force the railway to pay the entire cost of constructing an underpass at a heavily trafficked crossing. Judge Keith Thomas heard two …
Natural gas producer Ascent Resources Utica Holdings, LLC in Oklahoma City reported a second quarter net loss of $291 million and an adjusted net loss of $23 million as the COVID-19 pandemic continues to harm the country’s energy industry. The company said the loss compared to $356 million in net income and $64 million in …
Just a few weeks after the city of Austin, Texas was chosen to be the site of Tesla’s $1.1 billion truck plant rather than Tulsa, Oklahoma, the city got a major expansion of a new $150 million campus for aerospace and defense technology giant BAE Systems. It will add 700 jobs over the next …