Cypress Energy to become Cypress Environmental

Tulsa’s Cypress Energy Partners, L.P. not only reported increased revenues for the fourth quarter of 2019 and for the entire year, but also announced a name change. As of March 16, 2020, the firm will be known as Cypress Environmental Partners, L.P., reflecting the fact that Cypress has “always been an environmental services company helping …

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Legislators want to stop cities from banning natural gas use

Oklahoma is one of five states where legislators have proposed a prohibition of cities from banning natural gas as an energy source in new buildings. While some cities in California and the Northeast have banned natural gas, contending it contributes to global warming, Oklahoma Rep. Terry O’Donnell, a Republican from Catoosa wants to make sure …

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Tornado safety bill passes Oklahoma House

Energy industry travelers who stay in Oklahoma hotels and motels might soon find tornado precaution information posted in their rooms. The Oklahoma House of Representatives has voted in support of a bill to require new hotels and motels to post tornado safety information in every room and common area. It was last year when customers …

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Energy news in brief

** Former Ohio Gov. John Kasich joins a climate change effort launched by former Secretary of State John Kerry.  ** Five University of Wisconsin campuses will stop using coal as a heating source this year and switch to natural gas and heating oil. ** A nearly 50-year-old, 600 MW nuclear plant in eastern Iowa is set to retire later this year.  ** Oregon Gov. Kate …

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ConocoPhillips sets date for earnings report

Investors in ConocoPhillips will learn how well the company did in its first-quarter 2020 earnings next month. The company announced it plans a conference call webcast on Thursday, April 30, 2020 at 11 a.m. Central time. Leaders will discuss financial and operating results after they are released prior to the open of market on that …

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Watching and waiting—how far will oil fall?

It’s a day of sticker shock for most oil and gas operators and investors as oil prices lost as much as a third of their value today. It’s been described as the biggest daily rout since the 1991 Gulf War after Saudi Arabia signaled it would hike output to win market share as the coronavirus …

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Senator says Bernie will lose White House over fracking ban call

  The top Democrat on the U.S. Senate Energy committee says Sen. Bernie Sanders will lose the White House because of his call for a nationwide ban on fracking in the oil and gas industry. Sen. Joe Manchin made the prediction in an interview with POLITICO’s Morning Energy Report. “It’ll definitely cost Bernie the White …

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New Mexico was on track to raise $1 billion in oil revenue

Before this week’s oil price bust, New Mexico leaders had predicted their state was on track to raise another $1 billion for public schools and hospitals. Now it’s not known how the plunge in oil prices will affect the state’s revenue from the oil patch. February oil and natural gas royalty payments totaled nearly $109 …

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Oilfield deaths under investigation in SE New Mexico

New Mexico authorities are still investigating an oil drilling accident that left two men dead last week in the state’s Permian Basin area. Eddy County sheriff’s officers say Nicholas D. Gerberich, 28, of Roswell and Storm Hutchins, 24, of Carlsbad were found lying unconscious on the ground.   Sheriff Mark Cage said the deaths happened …

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Suncor Oil Refinery To Pay $9 Million In ‘Historic’ Colorado Pollution Settlement

  Suncor will pay a nearly $9 million fine for air pollution violations from its oil refinery near low-income neighborhoods in Denver. It is part of a settlement the refinery operator reached with Colorado officials. KUNC radio in Denver reported that state health officials said the refinery exceeded emissions limits for a host of health-harming …

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