ONEOK, Inc. announced it plans to release its third quarter 2021 earnings report after the closing of markets on Tuesday, Nov. 2 of this year. Results might show if the firm’s executives were correct last spring in predicting big profits for the year. Company leaders will follow up the release with a conference call …
Tax Commission chairman to resign
One of the three members who make up the Oklahoma Tax Commission that enforces tax regulations and rules on energy operations in the state says he plans to leave the agency in a few weeks. The McCarville Report indicates Commission Chairman Clark Jolley will resign effective Nov. 1, 2021 after serving on the commission …
Williams prices $1.25 billion of senior notes
Williams came out Tuesday with a combined public offering of $1.25 billion in senior notes and said it will use the funds for corporate operations and possible payment of notes due next year. The company announced the public offering included $600 million of 2.600% senior notes due 2031 at a price of 100.973% of par. …
SW Kansas wind farm turns 20 years old
It’s been 20 years since NextEra Energy installed a 170-turbine wind farm in southwest Kansas near the small town of Montezuma. NextEra, the same company with numerous wind farms in Oklahoma, gets enough electrical power from the Montezuma operation to power nearly 35,000 homes a year reported the Kansas News Service. Click here for …
Shell Oil to build biofuel plant in SW Kansas
Shell Oil Products U.S. says it plans two more renewable natural gas operations at dairies in Kansas and Idaho. In addition, the firm announced it is expanding its New Energies facility in Junction City, Oregon where 736,000 million Btu a year in renewable natural gas is produced from cow manure and straw. The …
Iowa farmers come out against carbon capture pipeline
The proposed 2,000-mile carbon capture pipeline that has run into opposition in Nebraska has encountered resistance in Iowa as well. Farmers in Boone County, Iowa ended an information meeting on Monday about the Midwest Carbon Express pipeline by banding together to refuse easement offers for the $4.5 billion project that is designed for Nebraska, …
Energy news headlines
** Oil started flowing through the newly built Line 3 pipeline in northern Minnesota on Friday, bringing closure to one chapter of the large and bitterly disputed construction project. ** Enbridge has reimbursed U.S. police $2.4 million for arresting and surveilling hundreds of demonstrators who opposed construction of Line 3. ** Canada on Monday invoked a 1977 treaty with the …
Texas company linked to California oil spill had record of violations
Records show the Texas company that operates the oil pipeline that ruptured over the weekend off the coast of California causing the state’s worst oil pollution event in decades had a long list of safety and environmental violations. Beta Operating Co., a subsidiary of Houston-based Amplify Energy was cited 125 times since 1980 according …
Enviros want New Mexico to brake its hydrogen race
While the state of New Mexico barrels toward development of converting the state into a “hydrogen hub,” environmentalists are urging Gov. Michelle Lujan Grisham to put on the brakes. They’re worried her embrace of strategies to turn New Mexico into a “center of excellence” for a future hydrogen economy might be too much, too …
OGE Energy Corp.’s 3Q earnings report to be released in November
The third quarter 2021 earnings report by OGE Energy Corp will be released Thursday, Nov. 4. The company leadership plans a quarterly conference call at 8 a.m. Central Time to discuss the results. The results will be compared to the second quarter results released in August that showed the firm’s net income was $113 …
