August 25, 2020 archive

Coronavirus-killing spray wins approval from EPA

  The EPA issued its first-ever approval of a product, SurfaceWise2, that kills the novel coronavirus for up to seven days after being applied to a surface. The electrostatic spray manufactured by Allied BioScience can now be used by American Airlines inside its planes and at orthopedic clinics — but only in Texas according to …

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Energy news in brief

** Arena Energy, one of the largest offshore oil and gas companies operating in the Gulf of Mexico, has filed for bankruptcy protection, the latest casualty of the coronavirus-driven oil crash. ** In the biggest reshuffling in seven years, Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies Corp. were kicked out of the Dow Jones …

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Storm forces permanent shutdown of Iowa’s only nuclear power plant

  NextEra Energy Resources, the wind farm company with major operations throughout Oklahoma has decided to permanently close its nuclear power plant in Iowa following the Aug. 10 storm that caused millions in damages across the state. The Duane Arnold Energy center is Iowa’s only nuclear facility. “After conducting a complete assessment of the damage …

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Halliburton plans 3Q earnings release in October

  Just weeks after announcing a second quarter loss of $1.7 billion, Halliburton Company will host a conference call on Monday, October 19, 2020, to discuss its third quarter 2020 financial results. The call will begin at 8:00 AM Central Time. The Company will issue a press release regarding the third quarter 2020 earnings prior …

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All of Xcel Energy’s customers will help pay for its $100 million electric car plan

  Even those who don’t drive electric cars will be expected to help pay for Xcel Energy’s $100 million plan to put 1.5 million electric cars on the roads in the states it serves by 2030. Xcel Energy serves 3.3 million electricity customers in 8 states — Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, …

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Oklahoma regulators to take possible vote on natural gas prorationing plan

  After taking comments from producers last week on a proposed plan to continue with a 50% gas prorationing rate, the Oklahoma Corporation Commissioners might vote on the proposal during a Wednesday regular meeting. The issue is on the agenda that includes a possible vote on whether to keep the rate the same level as …

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Workers to lose their jobs at Pioneer Natural Resources and Parsley Energy

  Job cuts are coming for two shale oil producers Pioneer Natural Resources Co. of Dallas and Parsley Energy Inc. of Austin. Both Permian Basin operators are planning to start layoffs in the coming days after each reported huge second quarter losses reported Reuters this week.   The cost cuts are the latest by oil …

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