A report by Business Insider shows more than 20 Democrats in Congress hailed as environmental champions also have personal investments in fossil fuel companies. Some of the 22 Democrats have key roles in shaping energy policy while holding or trading shares of Exxon Mobil, Dominion Energy and Chevron. Click here for Business Insider.
Sustainability efforts growing at KCI
Southwest Airlines signals plans to create a “chief sustainability hub” at Kansas City International Airport, where it would test new emission-reduction technologies as airport officials pursue clean energy projects. As Flatland reports, it is part of the efforts of Kansas City to ramp up efforts to make sure the new $1.5 billion airport is among the …
Nebraska plans to decarbonize power sector by mid-century
Nebraska has become the only Republican-controlled state in the nation to plan to fully decarbonize its electricity sector by the middle of the country. The Nebraska Public Power District, the largest utility in the state voted last week to adopt a nonbinding decarbonization goal of net-zero emissions by 2050 according to Grist. Click here …
How the export boom in Texas will turn the US into the world’s largest
Despite the fossil-fuel killing efforts of the Biden administration, new oil and gas export terminals planned along the 400-mle stretch of the Texas Gulf Coast in the next decade promise to propel the U.S. into one of the largest oil and gas exporters in the world. Even surpassing nations like fossil fuel-rich Qatar according …
Phillips 66 announces 2022 capital program of nearly $2 billion
Phillips 66 announced its 2022 capital program of $1.9 billion. The plan includes $992 million for sustaining capital and $916 million for growth capital. Approximately 45% of growth capital supports lower-carbon opportunities. “The 2022 capital program demonstrates our commitment to disciplined capital allocation,” said Greg Garland, Chairman and CEO of Phillips 66. “Our plan …
Apex Energy and Weyerhaeuser make a deal
One of Oklahoma’s wind farm operators, Apex Clean Energy announced an agreement with Weyerhaeuser to develop 1,000 megawatts of solar and solar-plus-storage projects on Weyerhaeuser property in the southeastern part of the U.S. Weyerhaeuser has extensive lumber operations in southeast Oklahoma as well. The company has commercialized more than $10 billion of utility-scale clean energy …
Oklahoma regulators to hold special meeting on Monday
Oklahoma regulators posted notice of a special meeting on Monday, December 13. OKLAHOMA CORPORATION COMMISSION Notice of Public Meeting Special Meeting Notice is hereby given to all persons that the Oklahoma Corporation Commission shall meet and conduct business as follows: Time, Day and Date: 10:30 a.m. Monday, December 13, 2021 Place: Room 301, Jim Thorpe …
Franklin’s investment in Chesapeake
A filing with the Securities and Exchange Commission shows that more than 10% of shares in Oklahoma-based Chesapeake Energy are held by the multinational holding company Franklin Resources Inc. Franklin filed an SC 13G/A report with the SEC showing it had ownership of 12,881,607 shares in the Oklahoma City energy company. The holding amounts …
BCE-Mach LLC makes another STACK acquisition
More acquisitions in Oklahoma’s STACK and southern Kansas have been carried out by Oklahoma-based BCE-Mach LLC and two of its subsidiaries. Total amount for the purchase and sale agreements by BCE-Mach LLC, BCE-Mach II LLC and BCE-Mach III LLC was $66.5 million and closings for both are expected in the first quarter of 2022. …
Rising energy costs follow historic inflation
If your energy bills shot up last month in Oklahoma, you weren’t alone. The government says while inflation in November rose 6.8%, energy bills rose 6.5%. The U.S. Bureau of Labor Statistics reported U.S. consumers continue dealing with the biggest jump in energy bills in more than a decade. Click here for Bloomberg.
