The Washington Post used a new congressional report critical of the Trump administration’s coronavirus pandemic relief for oil and gas producers to continue its targeted criticism of the President and the oil and gas industry. The report from the U.S. Government Accountability Office, according to the Post, said the government flouted its own goals …
Oklahoma is one of three states where a $1 million Department of Energy grant to the National Rural Electric Cooperative Association will research providing solar energy to low and moderate-income consumers. The Solar Power World reported that NRECA’s three-year program, Achieving Cooperative Community Equitable Solar Sources (ACCESS), will research financing mechanisms, program designs and …
Rumors have been circulating that Tesla Inc. could be planning more for its Austin gigafactory than it initially led on, the site chosen over Tulsa, Oklahoma’s efforts to land the $1.1 billion facility. According to documents filed with the Texas Commission on Environmental Quality, Tesla plans to operate a “cell-manufacturing unit” to produce the battery …
** In the Wednesday night vice presidential debate, Kamala Harris emphatically stated that Joe Biden does not support a ban on fracking, a position many see as an appeal for votes in Pennsylvania, which President Trump narrowly won in 2016. ** A federal court vacates a FERC order holding that California utility PG&E could not back out of …
Senators James Lankford (R-OK), Jeanne Shaheen (D-NH), and Angus King (I-ME) reintroduced their bipartisan legislation to save taxpayer dollars by reducing the federal funding available for the acquisition and leasing of new federal vehicles. The Domestic Reduction In Vehicle Expenditure and Lowering Emissions from State Sources Act, or the DRIVE LESS Act, aims to significantly …
Dallas-based Pioneer Natural Resources Company has realigned some of its management committee, making them effective the first of the new year. Richard Dealy, the current Executive Vice President and Chief Financial Officer has been named President and Chief Operating Officer. He has been CFO since 2004. Neal Shah, the company’s Vice President of Investor …
Oklahoma City’s Enable Midstream Partners, LP will release third quarter 2020 financial results before market hours Wednesday, Nov. 4, and will host a conference call at 10 a.m. EST (9 a.m. CST) that day to discuss the results. Investors are anxious to see if there was any improvement in earnings after the COVID-19 pandemic …
Montana’s largest Bakken oil producer, Kraken Oil & Gas of Houston has engaged Denver-based Crusoe Energy Systems Inc. to deploy 18 Digital Flare Mitigation modules between three oil and gas production sites in eastern Montana and one site in North Dakota. Crusoe’s deployments with Kraken are the first of their kind in Montana, The projects …
Plains All American Pipeline, L.P. and Plains GP Holdings announced their quarterly distributions with respect to the third quarter of 2020. PAA announced a quarterly cash distribution of $0.18 per common unit ($0.72 per unit on an annualized basis), which is unchanged from the distribution paid in August 2020. PAGP announced a corresponding quarterly …
The Short Term Energy Outlook from the Department of Energy had good news for truckers in general and disappointing news for those companies and drivers that have seen demand for their services in the oil patch fall with the slide in the price of oil. In short, diesel prices will remain where they are …
