How many times have you Googled a possible item to purchase, only to start seeing advertisements popping up on your email list of that very item? Now one Oklahoma legislator wants an end to the practice. State Rep. Collin Walke (D-OKC) filed legislation this session to protect email users’ data from being collected by corporations. …
Some states fight shipping LNG by rail
Sixteen states are fighting the Trump administration’s plan to allow liquefied natural gas to be shipped by rail, arguing it lacks essential safeguards and exposes communities to the risk of lethal fires and explosions. The highly flammable substance known as LNG is now transported mainly by truck. Urged by railroads and gas producers to increase …
Earnings report to be released by WPX Energy
Tulsa’s WPX Energy plans to discuss its fourth-quarter and full-year 2019 financial and operations results during a webcast on Thursday, Feb. 27, 2020, beginning at 10 a.m. Eastern. Chief Executive Officer Rick Muncrief, Chief Operating Officer Clay Gaspar and Chief Financial Officer Kevin Vann will discuss the company’s performance. Investors are encouraged to access the event …
Sliding prices aren’t good for largest gas driller in US
Even with colder weather in the forecast, natural gas traders weren’t impressed this week as futures prices dropped even more in trading. And it’s not good news for the country’s largest gas driller. The February Nymex contract finished at $2.182, which was off 2 cents while March slid a penny to $2.158. Trading had been …
Halliburton expected to show loss in next quarterly report
As the oil and gas slowdown widens its grip on U.S. firms, analysts, investors and speculators wonder what Halliburton will show in its next quarterly report on Jan. 21, 2020. Some believe the company that has major operations in Oklahoma and recently let go hundreds of workers resulting in a shutdown of its El Reno …
Chesapeake shares sag again
Oklahoma City’s Chesapeake Energy struggles on Wall Street where shares closed Tuesday at 67 cents each, a drop of 1.23% from Monday’s trading. The natural gas company has seen shares drop 11.46% in the past month and 18.5% in the past year. While the Exchange’s Oils-Energy sector has seen a gain of 4.51%, Chesapeake shares …
Kansas legislators consider future of coal-fired power plants
A new report issued for the Kansas legislature says the state should adopt a system for the securitization of uneconomic assets like coal plants and do so with “caution” in an effort to lower electricity rates. An independent consultant carried out the report for legislators in Topeka who expressed concerns about soaring electricity rates in …
Jury chosen in lawsuit over deadly gas rig explosion
It took only a day to pick a jury in the negligence lawsuit filed against a Texas company over the January 2018 gas rig explosion that killed 5 men near Quinton in southeast Oklahoma. A jury of nine women and five men was chosen in the trial against National Oilwell Varco, a firm accused of …
Tulsa’s Matrix picked to build new LNG plant in Florida
Tulsa’s Matrix Service Inc. has been chosen to build a nearly $500 million liquified natural gas export plant in Jacksonville, Florida Eagle LNG Partners LLC chose Matrix to design and build the plant that will have a production capacity of nearly 1.65 million LNG-gallons a day with 12 million LNG-gallons of storage plus a marine …
Regulators to hold hearing on unallocated Oklahoma gas wells
State regulators in Oklahoma plan a hearing this month to consider a new proration formula for unallocated gas wells. The Technical Services Department of the Corporation Commission’s Oil and Gas Conservation Division will hold the hearing on Tuesday, Jan. 21, 2020 at 10 a.m. The Department is seeking input on the staff’s proposed statewide proration …










