Former SandRidge Energy executive David C. Lawler, who left the Oklahoma City company six years ago to become CEO of Denver’s BPX Energy has been picked to be the next chairman and president of BP America Inc. BPX Energy is BP’s Lower 48 division and Lawler will keep his CEO title when he succeeds Susan …
HollyFrontier will pay a $4 million penalty to settle allegations that it violated the Clean Air Act at its El Dorado refinery in Kansas. EPA and state regulators alleged the company repeatedly violated rules related to visible smoke emissions and limits on hydrogen sulfide in fuel gas, as well as safety rules that the authorities …
Oklahoma City’s Mammoth Energy Services has regained compliance with the Nasdaq Stock Market after getting a delisting warning in April. In a filing with the Securities Exchange Commission, the company explained it had received a Nasdaq notice on April 22, 2020 that for the last 30 consecutive business days, its shares had traded below the …
With gasoline demand on the increase as the restrictions caused by the COVID-19 pandemic are being eased, oil prices rose 5% in the U.S. on Friday, reaching more than $35 a barrel, their best month on record. West Texas Intermediate crude, set at the Cushing hub was up $1.78 or 5.28%, settling Friday at $35.49 …
Oklahoma’s rig count remained a dismal 12 in the past week while nationwide, the number of oil and gas rigs continued their free fall, reaching only 301, meaning more and more rigs are in storage. Baker Hughes reported Oklahoma’s count of 12 compares to the 102 rigs active in the state a year ago. …
** A bill to cancel lawsuits by Louisiana parishes against oil and gas companies fails in the state House after lawmakers say they ran out of time; Republicans say they plan to pick it back up next year. ** Houston doubled its solar capacity for the second year in a row, with enough now to power about 8,400 homes, …
A planned massive solar farm in northwest New Mexico could result in more than 1,100 construction jobs. The 372-megawatt solar array will be located north of the San Juan Generating Station near Aztec and is the effort of Photosol US. The company, according to the Farmington Daily Times, hopes to begin construction in 2022 …
The Oklahoma Transportation Commission will hold its monthly meeting by video teleconference at 11 a.m. Monday, June 1 due to COVID-19 precautions. Members of the public and media will be able to access the web livestream video as usual or listen by phone by following the instructions at the bottom. Items to be addressed at the meeting include: …
Oklahoma City’s SandRidge Energy has scaled back operation even more as the company filed a WARN notice with the state indicating it put a dozen employees on paid leave. According to the Oklahoma Office of Workforce Development, the struggling oil and gas company indicated the 12 employees, who were not identified by position will be …
Ovintiv Inc. announced that Peter A. Dea will succeed Clayton H. Woitas, 71, as its chairman of the board. Ovintiv President Michael McAllister also announced plans to retire after 20 years with the Company and nearly 40 years in the industry. Both changes are effective June 30, 2020 according to the company announcement in Denver, Colorado. Dea, who has more …