April 19, 2021 archive

Energy news in brief

** India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal. ** NextEra Energy Partners said on Monday it would acquire a 391-megawatt (MW) portfolio of four operating wind assets from Brookfield Renewable …

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Oilfield firms sued in claims of patent infringement

  Two major players in Oklahoma’s oil and gas industry, Halliburton Co. and Cimarex Energy Co. were sued by oilfield firm U.S. Well Services which accused them of infringing on its electric fracking patents. The lawsuit alleges Houston-based Halliburton’s all-electric fracturing fleet violates several U.S. Well Services patents for electric pumps and pumping systems and …

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What’s the GRDA up to?

    The state capitol news group NonDoc raised questions whether the Grand River Dam Authority might be exploring an expansion of its abilities to sell more electrical power. On the heels of the GRDA’s recent $1.2 million acquisition of the Honey Creek Resort and Motel, something OK Energy Today reported last week, NonDoc notes …

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Spreading out impact of February gas costs in Arkansas

  Arkansas consumers will likely see the historic gas costs from the February winter storm spread out by state utilities from several months to several years. That’s according to the state’s Public Service Commission which is dealing with requests from utilities to deal with the massive jump in gas cots incurred during the storm. Some …

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BP to end gas flaring in Permian by 2025

  A major producer in the Permian Basin, BP Plc plans to spend more than $1 billion on construction of a network of pipes and infrastructure to collect and capture natural gas from its oil wells in Texas and New Mexico. The plans will eliminate routine flaring of natural gas in the basin by 2025 …

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North Dakota anticipates increased oil and gas revenue

  Leaders in North Dakota believe their state will get $1 billion more in oil and gas revenue than they had planned for the state budget. Higher oil prices are leading the way as North Dakota, a state with heavy investments by some Oklahoma energy firms such as Continental Resources, could get up to $4 …

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