New Mexico’s Environment Department is in a mad rush to hire 30 people as Occupational Safety and Health Program workers to make sure there are safe working conditions—“from your neighborhood dry cleaner to oil and gas facilities.” The State Agency launched a hiring effort this week to find motivated and qualified candidates “who want …
LSB Industries trading halted on New York Stock Exchange
The New York Stock Exchange on Tuesday halted trading of common stock of Oklahoma City-based LSB Industries, Inc. The Exchange explained the step was taken in order to address the stock price adjustment applied to LSB’s common stock as a result of the fact that the 49,066,005 shares of common stock issued to LSB Funding …
US crude prices inch closer to $81a barrel
Crude oil prices didn’t exactly jump in Tuesday’s trading but in the US, they held steady with a slight increase toward a possible $81 a barrel mark. West Texas Intermediate crude for November delivery managed a 12 cent increase to $80.64 a barrel. Global benchmark Brent crude oil for December delivery slipped 23 cents …
Earnings report date set by Williams Cos.
Williams plans to announce its third-quarter 2021 financial results after the market closes on Monday, Nov. 1, 2021. The company’s third-quarter 2021 earnings conference call and webcast with analysts and investors is scheduled for Tuesday, Nov. 2, 2021, at 8:30 a.m. Central Time. The company’s second quarter earnings released in August had results exceeding …
Oklahoma firm featured on TV’s Manufacturing Marvels
A chemical manufacturing firm in Moore will be featured this week in a broadcast of Manufacturing Marvels on the Fox Business Network. Ultimate Chemicals Inc., an integrated manufacturer and supplier of chemicals will be part of the TV program at approximately 8:30 to 8:44 p.m. Central Standard Time on Thursday, October 14. Ultimate Chemicals …
Filing shows $800,000 salary for Chesapeake’s new leader
After naming Domenic J. Dell’Osso, Jr. as the company’s new President and Chief Executive officer this week, Chesapeake Energy also made a filing with the SEC revealing his salary. Dell’Osso, according to the filing with the Securities Exchange Commission will draw a salary of $800,000 annually. He will also be eligible to receive an annual …
Call made to renew National Coal Council
Oklahoma U.S. Sen. James Lankford and Rep. Tom Cole joined Wyoming Sen. John Barrasso, the ranking member of the Senate Committee on Energy and Natural Resources in calling on Energy Secretary Jennifer Granholm to renew the National Coal Council. In the letter, the group highlights the importance of the NCC in advancing coal policy, …
Who’s drilling where in Oklahoma
While oil production nationally has slowed only slightly, there are still growing numbers of drilling permits being issued in Oklahoma. Devon Energy has a permit in Caddo County to drill the KAMM #1, located at 26 11N 11W which is a site northeast of Lookeba. The permit is to recomplete the well. Devon also has …
Mergers and acquisitions cooled in 3Q
Chesapeake Energy’s recent acquisition of Vine Energy in a $2.2 billion deal is considered one of the top five energy acquisitions in the third quarter of 2021 according to Enverus, an energy data analytics and SaaS technology company. The listing was in the firm’s summary of 3Q21 U.S. upstream M&A activity. While mergers and …
Why pipeline companies don’t like Nate Laps
A former gas industry land agent who “switched sides” and now consults on behalf of landowners pushes federal regulators to shut down a pair of gas pipeline projects through Oklahoma and St. Louis. E&E News reports on the efforts of Nate Laps to help landowners in their fights with pipeline companies. Click here for E&E News.
