April 14, 2021 archive

1Q earnings report to be released by Cheniere Energy

  Houston’s Cheniere Energy Inc. plans to issue its first quarter 2021 earnings report on Tuesday, May 4 before the start of the market. A conference call for investors and analysts will be held at 10 a.m. Central Time later in the day. The company reported $1.05 adjusted EBITDA for the fourth quarter of 2020 …

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Oklahoma credit outlook improves

A week after Oklahoma gross receipts improved because of increased oil and gas revenues, State Treasurer Randy McDaniel announced Standard & Poor’s Global Ratings had revised Oklahoma’s outlook from negative to stable. S&P said the improvement was because Oklahoma state government had done well managing its finances during the coronavirus pandemic. The ratings service had …

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Energy news in brief

** U.S. Sen. Joe Manchin of West Virginia could play a key role in the success or failure of President Biden’s $2 trillion infrastructure plan, which may benefit his coal-reliant state but relies on raising the corporate tax rate, which Manchin opposes. ** Xcel Energy has unveiled plans for the largest solar energy plant in Minnesota by …

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Solar operations expand in Arkansas

  Another central Arkansas solar operation was scheduled to begin this week with groundbreaking in the city of Cabot. Central Arkansas Water planned ceremonies to break ground on a 4.8 megawatt power station on a 30-acre piece of land in Cabot. Arkansas Business reported the 12,300-panel array will be the state’s first PSC-approved net-metering facility …

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Ethanol plant received COVID funds amid environmental concerns, delinquent taxes

  The Kansas-based firm AltEn, sued over its Nebraska ethanol plant operations received more than $210,000 in COVID relief funds last year from the Nebraska Department of Economic Development. The money was awarded as AltEn’s plant at Mead, Nebraska fell under increased scrutiny from environmental regulators reported the Lincoln Journal Star. Click here for Lincoln …

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Unhealthy air advisory in northern Oklahoma

             Date: Wednesday, April 14, 2021   Air Pollutant(s): Fine Particulate Matter (PM2.5) Current Monitoring Data Advisory Sign Up EPA’s Air Now

Ovintiv begins exploration in Oklahoma’s Canadian County

  Tulsa’s Ovintiv Mid-Continent Inc. received drilling permits to begin exploration in Canadian County. Permits to drill were issued this week for a three-well single-pad site. The three ROCK ISLAND #1407 wells will be located at 11 14N 7W which is several miles southeast of the city of Okarche. The permit,  01725666 shows drilling is intended to be in …

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Chesapeake Energy and Project Canary announce multi-basin responsibly sourced gas partnership

  Oklahoma’s Chesapeake Energy joined Denver-based Project Canary in launching a pilot partnership this week to produce certified responsibly sourced natural gas (RSG) at select well pads in the Marcellus and Haynesville shales. An announcement stated that Chesapeake Energy will produce RSG using Project Canary’s continuous on-site emissions monitoring technology and TrustWell™ certification process, which provides third …

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Taiwan firm to build Tesla parts plant in Texas

  Pegatron, a company based in Taiwan has chosen a site in El Paso, Texas where it intends to build a production facility to provide parts for electric car maker Tesla. The update was posted on Wednesday through a report from Taiwanese financial newspaper Commercial Times, according to Teslarati. Click here for Teslarati article.   While …

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