April 5, 2021 archive

Engine Manufacturer takes side in election reform fights

  Engine maker Cummins Inc. jumped feet first into the racial politics that has divided America by criticizing Georgia and other states that have taken steps for election reform. In a statement released by Cummins Chairman and CEO Tom Linebarger, called those steps “discriminatory, largely aimed at our Black and brown citizens.” He said the …

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Harold Hamm’s wealth grew in the first quarter of 2021

  A new report by the Bloomberg Billionaires Index shows Oklahoma oilman Harold Hamm’s net worth grew in the past year making him an even richer billionaire. He owes his increased wealth to a jump in stock prices of Continental Resources, the Oklahoma City company he founded. The firm’s shares grew 59% over the past …

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Oklahoma manufacturers to be helped by new supply program

  Governor Kevin Stitt announced Monday the launch of Supply Chain Oklahoma (SCO), an effort to provide critical resources to Oklahoma manufacturers. The first key piece of the initiative to be rolled out is “Connex Oklahoma,” a new, free online database tool developed by the Oklahoma Manufacturing Alliance (OMA) in partnership with the Oklahoma Department …

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New Mexico Navajos complain of oil and gas drilling on their land

  The oil and gas drilling in northwest New Mexico has led to complaints from Navajo Nation residents who contend they were never told about the issues that sometime go with the energy exploration—things like oil spills, gas releases, blowouts and fires. They told their stories to The Guardian. Click here for The Guardian report. …

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Energy news in brief

** By Year 2025, Lexus will introduce 20 new vehicle models. These new cars will be BEVs, plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). The LF-Z Electrified also “suggests the direction of… Lexus styling.” Lexus described the concept’s styling as having “strong proportions and distinctive appearance.” ** Canadian oil and gas company Whitecap Resources Inc said …

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Helmerich and Payne planning 2Q earnings report in April

    Helmerich & Payne is planning to release its second quarter 2021 fiscal earnings report on Friday April 30 as investors await word whether the company has managed to turn around increased losses in the past two quarters. The Tulsa company said it will also hold a conference call at 10 a.m. Central Time …

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