November 11, 2020 archive

Senate committee releases bills to increase military spending in Oklahoma

  Oklahoma military installations stand to make major gains in appropriations under federal funding bills as Sen. James Lankford and others on the Senate Appropriations Committee work on the measures before an early December deadline. The Republican Senator said the improvements and gains are included in federal funding bills for the Veterans Administration, Department of Defense, …

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$3.8 billion 3Q loss reported by Occidental Petroleum

Houston’s Occidental Petroleum suffered decreased losses in the third quarter, but it was still $3.8 billion even after a $2.4 billion write-down on falling equity in its Western Midstream Partners. Occidental’s quarterly report indicated the company slashed its losses by more than half compared to the second quarter loss of $8.4 billion. A year ago, …

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Energy news in brief

** Texas county commissioners delay consideration of tax abatements for a $190 million, 1,700-acre solar farm amid opposition by residents and the lack of a draft agreement reported the Austin American-Statesman. ** A Turkish electric vehicle parts supplier announces it will open its first North American manufacturing plant in Calhoun, Georgia according to the Chattanooga Times Free Press. **  The New Orleans Advocate …

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Texas Panhandle power plant switching from coal to natural gas

  One of the latest electrical power plants in Texas to make the switch from coal to natural gas is in the Panhandle. KFDA TV reports that Xcel Energy announced the Texas Commission on Environmental Quality reached an agreement with the firm to convert its Harrington power plant in Amarillo to a natural gas fuel …

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Chesapeake Energy workers develop new tool

  Oklahoma oil and gas workers develop an award-winning plug to protect well workers from exposure to fumes while working on production tanks. Click here for the story from The Oklahoman.