A new Senior Vice President and Chief Financial Officer has been named at The Williams Companies, Inc. in Tulsa. John D. Chandler will take over his new duties Sept. 5, replacing Don Chappel who announced his planned retirement from Williams earlier in the year. Chandler had been the CFO of Magellan Midstream Partners, L.P. until …
The experts say millions of barrels of oil have been taken out of the U.S. energy market by Hurricane Harvey and consequently gasoline prices will rise, not a matter of ‘if’ they rise. S and P Global Platts says at least 2.2 million barrels a day of refining capacity has been lost since the storm …
The government’s asking a Missouri bankruptcy judge to sign off on a $43 million dollar settlement with Peabody Energy Corp., the company that filed bankruptcy a few years ago. The deal sought by the U.S. Justice Department focuses on environmental liabilities at 13 Superfund sites. Peabody came out of bankruptcy in April and agreed …
With the tables turned on them, environmental groups sued by the developer of the Dakota Access oil pipeline in North Dakota are calling the suit an attack on free speech. “Harassment by corporate bullies,” is how Greenpeace attorney Tom Wetterer described the lawsuit filed last week by Dallas-based Energy Transfer Partners. The suit was filed …
While the Oklahoma Supreme Court wrestles with a constitutional challenge to a tax on electric cars, a similar lawsuit filed by the Sierra Club could be on hold. The original challenge to HB 1449 was filed by former U.S. Attorney Gary Richardson, now a candidate for the GOP nomination for governor. Oral arguments were held …
Hurricane Harvey has disrupted nearly 15% of U.S. refinery capacity in the Gulf and will likely cause a rise in fuel prices across the country. Energy markets may be in for a bumpy ride when they open Monday as investors try to gauge the impact of the disruption, according to Bloomberg MarketWatch. After slamming into …
The U.S. Geological Survey recorded a 3.5 magnitude earthquake on Sunday afternoon in western Oklahoma. The quake was reported about 4:25 p.m. on Sunday. The epicenter was about 18 miles north, northeast of Weatherford, 30 miles west, northwest of El Reno and 64 miles west, northwest of Oklahoma City. Reports indicate that the quake could …
Marathon Oil’s reporting a large well in Oklahoma’s STACK, one producing nearly 1,600 barrels of oil a day in Blaine County. Details shown in OK Energy Today’s Well Completion reports, indicate the Chapman well, 26 15N 11W is located about 3 miles northeast of the community of Greenfield. Its official completion report stated the production …
An estimated 300 utility workers for Public Service Company of Oklahoma headed Friday to south Texas to assist with repairs following the arrival of Hurricane Harvey. Most were workers from Tulsa, McAlester and Lawton areas. Some were line and tree crews wile engineers also were sent to stage Friday night in San Antonio to await …
A day after announcing it was venturing into exploration of Oklahoma’s big STACK play, Tulsa-based Jericho Oil announced efforts to raise $10 million to help finance the effort. The company earlier announced the acquisition of an interest in 9,400 net surface acres in the STACK. It stated the transition provided the company the option to …