DEQ offers funds to replace aging school bus diesel engines

  More than $734,000 in funding is now available from the Oklahoma Department of Environmental Quality through its program to replacing older diesel school buses with engines. The Oklahoma Clean Diesel Program/DERA makes money available to install new diesel, gasoline, all-electric, propane or natural gas school buses.   The Clean Diesel/DERA program is offering $734,342 …

Continue reading »

Cushing hub to see more Canadian crude?

  The amount of crude oil carried by rail in the U.S. could drop following the flow of crude oil through the Enbridge Inc. Line 3 replacement pipeline, reported the U.S. Energy Information Administration. It will also increase the flow of oil to the Cushing oil hub in northern Oklahoma as the start of the …

Continue reading »

Nation’s wind farm CEOs are well paid

  A new report indicates the executive leaders of some of the nation’s renewable energy companies are some very high paid CEOs while at the same time, OGE employees are doing nicely. The report by S&P Global Market Intelligence found NextEra Energy Inc., the Florida-based energy company with several wind farms operating in Oklahoma had …

Continue reading »

Grassley hopes to save Iowa wind blade plant

  Iowa’s U.S. Sen Chuck Grassley has stepped in to see if he can convince President Biden to help an Iowa wind turbine blade maker that is closing its plant in December and eliminating more than 700 jobs. Grassley said he will hope to convince Biden to consider having TPI Composites in Newton, Iowa manufacture …

Continue reading »

More disposal wells coming to Permian in SE New Mexico

  Matador Resources Company announced it is working on even more disposal wells for Southeast New Mexico and its share of the Permian Basin. The Dallas company said it started operating a fifth operated drilling rig in August for its midstream affiliate, San Mateo Midstream, LLC and for the purpose of drilling an additional salt …

Continue reading »

Baker Hughes revenue growth still slowed by COVID

  Baker Hughes reported its third quarter earnings saw a 1% drop in its revenue from the second quarter which totaled $5.1 billion even though it also had a 6% increase in orders for the quarter. Company leadership blamed slower growth on COVID-19. Revenue also slipped 1% year-over-year while the orders totaled $5.4 billion and …

Continue reading »

Energy news headlines

** Congressional Democrats consider reviving a carbon tax proposal after U.S. Sen. Joe Manchin’s opposition effectively killed the reconciliation bill’s proposed clean electricity program. ** Attorneys general in Southeast states ask Congress to reject methane taxes in the infrastructure and reconciliation bills. ** The U.S. Department of Energy awarded nearly $40 million to 40 projects that are advancing the next generation …

Continue reading »

Why Texas congressman are upset with Mexico’s President

    Congressmen from Texas are voicing complaints about the government of Mexico and its efforts to limit competition in the electrical power sector. As the Associated Press reported this week, some 20 U.S. Representatives from the state complained to U.S. Ambassador Ken Salzar about changes proposed by President Andres Manuel Lopez Obrado to restrict …

Continue reading »

Chesapeake Energy Corporation provides 2021 3Qearnings conference call information

    Chesapeake Energy Corporation announced that it will release its 2021 third quarter operational and financial results after market close on Tuesday, November 2, 2021. A conference call to discuss the results has been scheduled on Wednesday, November 3, 2021 at 9:00 am EDT. Chesapeake reported a $439 million net loss or $4.48 per diluted share in the …

Continue reading »

Edmond legislator wants air mobility development in Oklahoma

  Rep. Ryan Martinez, R-Edmond, on Monday held an interim study on advance air mobility (AAM) before the House Technology Committee. He invited state leaders to speak on the topic. Presenters from other states also shared their experiences in this emerging field, which includes unmanned aerial vehicle (UAV) technology, consumer product and passenger delivery, as …

Continue reading »