Arkansas pipe maker stunned by Keystone XL cancellation

  When President Biden cancelled permits for the Keystone XL pipeline project, it was felt all the way to Little Rock, Arkansas home of Welspun Tubular LLC. Leadership of the company was disappointed because the firm had added 50 more employees for a workforce of 600 since announcing a contract in August 2020 to provide …

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OGE agrees to $6.7 million revenue increase for Arkansas customers

OGE announced it’s reached an agreement for a $6.7 million revenue increase for its customers in Arkansas. The agreement was signed Jan. 28 with the Arkansas Public Service Commission staff and the office of the Arkansas Attorney General. It was a non-unanimous settlement agreement and OGE’s announcement stated that he only non-signatory to the settlement …

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The White House candidate supported by unions is now signing orders against them

  A lot of unions that supported Joe Biden in his run for the White House are now seeing ‘buyer’s remorse.’ He’s issued executive orders killing many of their jobs and they can’t understand why he went against them. On the other hand, environmentalists are wholly behind Biden’s moves against the oil and gas industry …

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Senator says Biden’s call for unity isn’t reflected in anti-oil and gas orders

  Wyoming Sen. John Barrasso, the top Republican on the Senate Energy and Natural Resources Committee says he’s ready to work with President Biden to solve our energy challenges, but he’s not seeing actions reflecting Biden’s unifying words on Inauguration Day. Writing an opinion piece in Monday’s USA Today, the Republican senator said Biden’s killing …

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OVINTIV 4Q results to be revealed Feb. 17

  After recently filing completion reports on major producing oil wells in Oklahoma, Denver-based Ovintiv Inc. plans to release its 2020 fourth quarter and year-end results on Wednesday, Feb. 17. The release will be made after the close of markets and a conference call will be held the morning morning at 9 a.m. Mountain Time. …

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ONE Gas to release 4Q earnings report Feb. 17

    ONE Gas, Inc. will release its fourth quarter and full year 2020 financial results after the market closes on Wednesday, Feb. 17, 2021. The ONE Gas executive management team will participate in a conference call the following day, Thursday, Feb. 18, 2021, at 11 a.m. Eastern Standard Time (10 a.m. Central Standard Time). …

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Valero to soon become largest renewable diesel producer in US

Give Valero two years and and it will be the largest renewable diesel fuel producer in the U.S. The company announced it partnered with Darling Ingredients to build a 470-million-gallon renewable diesel plant at Port Arthur, Texas, making it the second such facility for Valero. Reuters reported the $1.45 billion Diamond Green Diesel joint venture …

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Kansas City Fed tenth district manufacturing activity increased at a faster pace

    A January survey taken by the Federal Reserve Bank of Kansas City indicated manufacturing activity in Oklahoma and other states making up the Tenth District increased at a faster pace compared to a month ago.   “Regional factories reported more growth in January,” said Chad Wilkerson, Vice President and Economist at the bank. …

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State line finally to be changed at Lake Texoma in Oklahoma and Texas

  This is the story of how a mussel left government bureaucracy totally confused and also led to the filing of a bill in the Oklahoma legislature to re-establish the Red River Boundary Commission. Why re-establish the Commission? It’s a long story but one that bears to be told. It started in 2009 when the …

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BlackRock’s big squeeze on oil and gas could hit some Oklahoma firms

  As the world’s largest asset manager with $9 trillion in assets under management, BlackRock Inc. is putting more pressure on oil and gas companies over climate change. Two of them could be in Oklahoma. BlackRock’s CEO Larry Fink disclosed this past week how his firm will pressure companies to expand their efforts to lower …

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