Enel confirms Oklahoma is its top candidate for solar panel factory

  Confirmation that Oklahoma is the leading candidate for a major U.S. solar panel and cell factory came this week from Italian utility Enel SpA. The company issued a statement about the plant that will be one of the largest to produce solar cells in the U.S. “We have identified Oklahoma as the leading candidate …

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Other energy headlines

** An explosion and fire at the Seneca Petroleum petroleum refinery in suburban Chicago killed one person and injured a second Tuesday morning, authorities said. ** Sen. Joe Manchin, D-W.Va., says he would support the repeal of a sweeping bill he negotiated with Senate Majority Leader Chuck Schumer, D-N.Y., last year that includes major climate, health and …

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Mitchell Talks Energy

This week on “Mitchell Talks Energy,” Scott Mitchell and OK Energy Today’s Jerry Bohnen discuss the politics of energy. Specifically, they discuss the divide between the Biden Administration and environmentalists over policies designed to support European allies with LNG exports.  

Annual stockholders meeting set for June 7 by Mammoth Energy

  Mammoth Energy Services plans to hold its annual meeting of stockholders June 7 in Oklahoma City. The 9 a.m. Central Time meeting will be held in Suite 300 at 14201 Caliber Drive. The agenda calls for the election of board of directors members including Arthur Amron,, Corey Booker, Paul Jacobi, James Palm, Arthur Smith …

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Chesapeake Energy to result 1Q results May 2

  Chesapeake Energy Corporation will release its first quarter financial results in early May. They will be made known after the close of markets on Tuesday, May 2 and a conference call will be held the next day, Wednesday May 3 and 8 a.m. Central Time where executive leadership will discuss the results. Chesapeake is …

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Crude oil prices and OK energy stocks suffered losses in Tuesday’s trading

Crude oil prices suffered a 2 fall on Monday and Oklahoma energy stocks fell as well. You can blame those nagging concern about the possibilities of an economic slowdown and a stronger dollar. West Texas Intermediate crude dropped 2.2% on a $1.69 a barrel fall to $77.07 on the New York Mercantile Exchange. Global benchmark …

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OGE crews finish power restoration in Shawnee following April 19 tornado

  As of Tuesday morning, electricity was fully restored to all OG&E customers who lost service in Shawnee following the April 19 tornado, provided their homes are able to take power.    OG&E crews worked quickly and safely around the clock to make repairs to the electric grid in the area, including 800 poles, 48 …

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Another battery plant going up in the US

  Even as Oklahoma hopes to finalize a deal with Panasonic to build a new EV battery plant in the state, General Motors and South Korea’s Samsung SDI announced they plan to invest more than $3 billion in a similar plant somewhere in the U.S. The companies have yet to choose the site, or at …

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Kansas joins anti-ESG movement

  Kansas has a new anti-ESG law, joining Oklahoma in the movement to stop financial groups that use environmental, social and governance issues, from discriminating against oil and gas firms. Kansas Gov. Laura Kelly, a Democrat, decided this week to allow the bill to become law effective July 1, without her signature. As a result, …

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Trucking firms struggle with “freight recession”

  When Arkansas-based J.B. Hunt trucking company recently announced a drop in first-quarter earnings blaming a “freight recession,” it spurred the Wall Street Journal to examine the issue. What it found was that falling diesel prices are among signals that indeed, a “freight recession” is underway across the nation. Even the American Trucking Association said …

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