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Send While Standard Lithium Ltd. of Canada examines expanding its reach for brine to filter for lithium extraction in South Arkansas, Murphy Oil Corp. is noting that it also has brine fields near El Dorado, but no active plans to exploit them for supplying the growing lithium ion battery market. In a news release this week, Standard Lithium of Vancouver, British Columbia, said it was crunching numbers on possible brine leases involving Tetra Technologies in Columbia and Lafayette counties. A preliminary economic assessment will weigh the possibility of an integrated project including brine wells, pipelines and a lithium extraction plant using proprietary technology it has proven over months at a test plant in El Dorado. ....
Colonial Pipeline paid a $5M ransom – but will that only invite other malware hacks?: If the payments stop, the attacks will stop Dennis Wagner, USA TODAY Replay Video UP NEXT The reported ransom payment by a beleaguered U.S. oil pipeline company to cyber hackers may spur even more criminal malware attacks on critical U.S. targets, according to cybersecurity experts, and could fuel calls for a ban on such payments. The critiques stem from a decision by Colonial Pipeline, a gasoline delivery company, to pay more than $5 million for control of its computer system from a criminal syndicate known as Darkside. ....
Murphy Oil (NYSE:MUR) declared a dividend payable on June 1, 2021 to its shareholders as of April 7, 2021. It was also announced that shareholders of Murphy . ....
11 May 2021 10:48 GMT Updated 11 May 2021 10:48 GMT OPINION: Significant signs of life are returning to some of the traditional heartlands of offshore exploration and development. The US Gulf of Mexico and the North Sea are beginning to hum with supply contracts being placed and assets changing hands. Oil prices have surged gently upwards while wider business and economic sentiment has dramatically improved. There is no hiding that 2020 was a disastrous year for the oil and gas sector, certainly in the US. Some significant operators and supply companies plunged into financial crisis and bankruptcy proceedings. Rising tide Noble Corporation, Diamond Offshore and Valaris have just emerged from Chapter 11 with new board members and balance sheets. ....
Send Murphy Oil Corp., the petroleum exploration and production titan with a century of history in El Dorado, reported optimistic first-quarter financial results last week in a world of surging oil and gasoline prices. And officials for the company, which moved its headquarters to Houston from south Arkansas a year ago, see optimistic signs for the industry for the first time since the COVID-19 pandemic caused a commodities price collapse 13 months ago. The company reported a quarterly loss of $287 million on Thursday, about $1.87 per share. But the results surpassed Wall Street’s predictions, and Murphy stock was up above $20 a share on Monday morning, up from $16.96 a week earlier. And earnings adjusted for one-off gains and losses amounted to a positive 6 cents per share, compared with what the Associated Press described as an expected loss of 16 cents per share in an average of six analysts’ computations for Zacks Investment Research. ....