August 24, 2022 archive

Record number of Americans who can’t pay their utility bills

  Chances are you know someone who is behind on their utility bills. One national group puts the number at more than 20 million households or about 1 in 6 American homes. The estimate comes from the National Energy Assistance Directors Association (NEADA) reported Bloomberg. Click here for Bloomberg  

Halliburton announces new participants in its energy research

    Halliburton Labs announced it selected three new companies to participate in its collaborative environment to advance cleaner, affordable, and reliable energy. As a Halliburton Labs participant, AW-Energy, RedShift Energy, and Renkube will receive access to a broad range of industrial capabilities, technical expertise, and mentorships to scale their respective businesses. “Halliburton Labs is excited …

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Mystery resignation of accounting firm for Empire Petroleum

    Empire Petroleum Corporation’s independent registered public accounting firm mysteriously resigned this week, leaving Empire’s leadership with no public explanation. In a filing with the Securities and Exchange Commission, Empire revealed that Moss Adams resigned as its accounting firm on August 18, 2022. Empire stated that Moss Adams, one of the 14 largest Accounting …

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Enverus warns of storm clouds coming for oil prices

  A subsidiary of Enverus, the Austin-based company that supplies rig counts every week is warning the oil and gas industry of coming times of lower oil and natural gas prices. The cautionary note came this week from Enverus Intelligence Research which released its latest FundamentalEdge report. “The surging dollar, signs of weakening U.S./Chinese economies …

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Occidental Petroleum plans carbon capture project in Texas

  The site in Texas hasn’t been revealed but Occidental Petroleum Corp plans construction this fall on its first carbon capture project. Word was revealed this week in Denver where an Occidental leader spoke at the Colorado Oil and Gas Association’s annual summit reported Reuters.   Click here for Reuters

Enviros want more restrictions on home furnaces

  If more than two dozen environmental groups have their way, the government will put tighter restrictions on climate regulations produced by our home heaters. Homeowners might even be forced to swap out heating and hot water furnaces. A coalition of 26 climate change, public health and environmental justice advocacy groups petitioned the Environmental Protection …

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