August 12, 2020 archive

Electric trash trucks could be in OKC in a few years

  Some of those Republic Services trash trucks in central Oklahoma might soon be electric trucks made by the Nikola Corporation. Republic Services, considered to be a solid waste industry leader has agreed to buy 2,500 electric collection vehicles from Nikola. The deal depends on “pending performance” and includes a potential for up to 5,000 …

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Utility reaches solar agreement with city of Pueblo, Colorado

  South Dakota-based Black Hills Energy is closer toward creation of a 200-megawatt solar power project to help bring cheaper electrical power to the city of Pueblo, Colorado. The company reached a unanimous agreement with the city of Pueblo and Pueblo County to allow the utility move ahead with the project that is expected to …

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Energy news in brief

**U.S. crude oil production is expected to fall by 990,000 bbl/d this year to 11.26 million bbl/d, the U.S. Energy Information Administration (EIA) said Aug. 11, a steeper decline than its forecast last month for a decline of 600,000 bbl/d.The agency also expects U.S. petroleum and other liquid fuel consumption to drop 2 million bbl/d …

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Denver voters will decide this November whether to raise taxes in the fight against climate change

  Voters in Denver will decide in November whether they want to increase their city sales tax all in the name of reducing the city’s climate footprint. If approved, the city beginning in January would impose a 0.25% sales tax, whose funding would be dedicated to renewable energy efforts, including “steep reductions” in fossil fuel …

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Oilfield activities to increase at WPX Energy

  The head of Tulsa’s WPX Energy says his company will soon accelerate its exploration activities. A lot has changed since the closing of WPX Energy Inc.’s acquisition of Felix Energy in March. However, President and COO Clay Gaspar said, despite the unforeseen plunge in oil prices, the company had already made preparations reported HartEnergy. “We didn’t see …

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Occidental close to abandoning drilling operations in the Permian

  Occidental Petroleum is close to ceasing all drilling operations in the Permian Basin. The company will have just a single oil rig in the basin for the second half of the year, a sign of the scale of the industry’s pullback as well as Occidental’s debt woes.   The deal to buy Anadarko Petroleum …

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Biden’s VP choice wants to ban fracking

Presidential hopeful Joe Biden has made his pick and it is a candidate who made it clear in the Democratic primary, she will support a total ban of hydraulic fracturing. “”There is no question I am in favor of banning fracking,”said Kamala Harris during a September 2019 town hall. Biden, who announced Harris on Tuesday …

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Bidding battle underway for Occidental leases in Wyoming, Colorado and Utah

  The bidding battle for a large amount of land and mineral rights offered for sale by Occidental Petroleum in Wyoming, Colorado and Utah didn’t end up in the hands of Wyoming as its state leaders had hoped. Despite not having the winning bid, Gov. Mark Gordon says his state will deep its bid active …

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Tulsa State Fair called off due to coronavirus pandemic

  Add the Tulsa State Fair to the list of events falling victim to the COVID-19 pandemic. The Tulsa County Public Facilities Authority voted 5-0 on Tuesday to cancel the Tulsa State Fair because of concerns related to the pandemic. It was scheduled to be held Oct. 1 through Oct. 11. However, it will move …

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Chaparral Energy works through financial challenges

  The financial struggles of Oklahoma City-based Chaparral Energy continue as the company has missed millions in interest payments on some of its loans and will miss more. The filing of a Form 8-K with the Securities Exchange Commission shows the company faces yet another deadline under a Noteholder Forbearance Agreement. The latest is deadline …

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