OklahomaMinerals.com
Oil & Gas News
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2.5KWhy Warren Buffett is betting on energy pipelines
By: Nicole Dienst and Eric Rosenbaum – CNBC – With the coronavirus pandemic slashing demand for the oil and gas that has...
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Texas-Based Driller Arena Energy Files for Bankruptcy
By Becky Yerak, The Wall Street Journal ~ Arena Energy LP has filed for bankruptcy with a plan to sell virtually all...
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The Oil And Gas Situation: Storm Clouds On The Horizon
By: David Blackmon – Forbes – Just when you thought 2020 could not get any worse for the oil and gas industry,...
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Federal judge orders Sunoco Logistics to pay $155 million for owed interest, penalties on late payments for oil purchases
by JACK MONEY, THE OKLAHOMAN ~A federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly...
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Oklahoma men indicted in scheme to defraud mineral owners
OKLAHOMA CITY (AP) – After initial charges were filed in May, a federal grand jury in Oklahoma City has indicted three men, accusing...
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Petronas Said to Show Interest in Buying Permian’s DoublePoint
By: Kevin Crowley – Bloomberg – Malaysia’s state-backed oil company Petroliam Nasional Bhd. has had preliminary talks about buying Permian Basin shale driller DoublePoint...
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Cimarex makes contingency oil, gas permit plans in event of Biden presidency
By: S&P Global Platts – With the US’ 2020 presidential election less than three months away, Cimarex’s drilling plans could change if...
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Barron Petroleum makes ‘major discovery’ in West Texas
By Haley Samsel – Fort Worth Star-Telegram – Thanks to a partnership with a geoscientist in the Permian Basin, a family-owned oil...
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ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut
Hellenic Shipping News – The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess...
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Oil steady as China’s plans to boost U.S. imports counters tensions
Reuters – Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and...
