New Mexico Attorney General Hector Balderas was among attorneys general for 20 states and the District of Columbia urging congressional leaders to undo the Trump administration’s loosening of limits on methane emissions from oil and gas facilities. The Democratic Attorney General and others who signed the letter argued for the use of the …
** Three Democratic U.S. senators on Monday said they are introducing legislation that would require U.S. regulators to mandate installation of driver-monitoring systems to ensure motorists pay attention while using systems like Tesla’s Autopilot. ** Top oilfield services firm Schlumberger NV on Monday named new executives to energy transition units, according to a memo seen by Reuters, …
Doug Lawler is leaving as CEO at Oklahoma City’s Chesapeake Energy Corporation and taking a chunk of change with him according to a late Tuesday filing the company made with the Securities Exchange Commission. The company announced his departure on Tuesday, saying it will be effective April 30, 2021. The announcement did not …
The case is HollyFrontier Cheyenne Refining, LLC v. Renewable Fuels Association, 20-472. It’s an important one for CVR Energy, operator of the Wynnewood Refinery in Southern Oklahoma because it is part of the case being heard this week by U.S. Supreme Court justices. As OK Energy Today has reported previously, Wynnewood Refinery and HollyFrontier …
Just like the issue of how to dispose old and abandoned wind turbine blades, another serious question confronting opponents of fossil fuel is what to do with all the out-of-date batteries used to power Electric Vehicles. Some scientists are already focusing on the issue, knowing it will eventually be a critical problem for EVs. …
Tesla reported record net income of $438 million during the first quarter of 2021, as well as earnings of 93 cents per share on $10.39 billion in revenue, according to a published report by CNBC. Elon Musk’s electric vehicle business reported 184,800 Model 3 and Model Y cars delivered in the first quarter, beating investor …
Oklahoma Gas and Electric (OG&E), a subsidiary of Oklahoma City-based OGE Energy Corp. (OGE), recently announced that it will expand its Choctaw Nation/OG&E Solar Energy Center in Durant, Oklahoma by an additional five megawatts, according to a company press release. This brings the total solar capacity to ten megawatts. OG&E will construct, own and operate the additional five megawatt expansion, which is …
Rig counts released by Baker Hughes Co. and research firm Enverus show the national rig count fell by one this week to 438. As of this past week, the number of oil drilling rigs in the field was 343, the gas rig count stood at 94 with one identified as miscellaneous. Oklahoma maintains 21 active rigs …
Baker Hughes reported a $452 million loss for the first quarter of 2021, according to a company press release. During the same quarter last year, the Houston-based company reported a $10.2 billion loss. In releasing its earnings report, the energy services company reported orders of $4.5 billion were down 12% sequentially and down 18% year-over-year. …
Posting a strong performance for the first quarter of 2021, Houston-based Halliburton announced a net income of $170 million, or $0.19 per diluted share, according to a company press release. This compares to a net loss for the fourth quarter of 2020 of $235 million, or $0.27 per diluted share, as well as adjusted net …
