Water management convention to start Wednesday in OKC

The second annual Upstream and Midstream Water Management Congress of 2019 begins Wednesday in Oklahoma City. The American Business Conferences’ SCOOP and STACK Water Management Congress will be held at the Renaissance Oklahoma City Convention Center . This year’s focus is on assessing effective full life cycle water management methods to drive down operational expenditure on …

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Colorado environmentalists fake climate emergency

Think environmentalists are above board in fighting for a cleaner environment? Not in Colorado where Colorado Public Radio discovered how one youth group published a fake letter at the start of a gathering called the Sustainable Denver Summit. The group went so far as to declare a fake climate emergency. Click here to read Colorado …

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Energy news in brief

** Schlumberger Limited will hold a conference call on January 17, 2020 to discuss the results for the fourth quarter and full year ending December 31, 2019. The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time. ** National …

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Colorado judge closes fracking ban case in Longmont

A Colorado judge has dealt a setback to residents of Longmont who are fighting to revive a fracking ban. The community group named Our Longmont attempted to re-examine the legality of municipal fracking bans after the Colorado legislature passed Senate Bill 181 which gave local governments the power to regulate the impacts of fracking. But …

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Director acquires low-priced Chesapeake stock

At least one member of the board of directors at Oklahoma City-based Chesapeake Energy is taking advantage of the company’s low share prices. Thomas L. Ryan, a member of the board since 2013 acquired 200,000 shares of Chesapeake Energy stock over the weekend, according to a filing with the Securities Exchange Commission. He purchased the …

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Oilfield explosion and fire injures 3 workers

  Three workers badly burned in explosions and a fire at a Wyoming oil field are hospitalized. It was near Carpenter, Wyoming where the incident happened last week according to the Associated Press. The workers were taken to hospitals in the capital of Cheyenne and across the border in Greeley, Colorado, after the blasts at …

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Natural gas flaring hits record level

Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. The volume of U.S. natural gas reported as vented and flared reached its highest-ever average annual level of 1.28B cf/day in 2018, the EIA says, adding that the percentage of …

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Halliburton to lay off more workers

The layoffs of hundreds of workers at Halliburton’s El Reno operations center last week are not the only ones to hit the Houston-based company. Halliburton is cutting more jobs in Bakersfield, Calfornia where 70 employees are being let go right before Christmas. Halliburton didn’t confirm any time for the layoffs but issued a statement. The …

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Celadon Trucking to file bankruptcy

The interstates will be void of Celadon trucks this week as the Indiana trucking giant declared bankruptcy, potentially leaving more than 3,200 drivers stranded away from home. Celadon grossed $1 billion in 2015 but plans to file bankruptcy on Wednesday. If so, it will be the largest truckload bankruptcy in U.S. history. A report by …

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Energy news in brief

** University of Iowa officials will review four bids for a 50-year, multibillion-dollar deal to operate the school’s utilities system.  **  A developer sues a mid-Michigan township after it adopted a 90-day moratorium effectively blocking a proposed 850-acre solar project.  ** There is still hope for offshore wind in California, but development in the Southern part of the state is impeded by military considerations. …

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