OGE Energy Corp reported it suffered losses in 2020 as the company released its year-end report on Thursday. Net income for 2020 was $339 million, down from the $350 million reported for 2019 and the company blamed the loss on COVID-19 impacts, higher income tax expense and lower revenues from mild summer weather. The …
Kansas regulators voted Thursday to turn down a plan by Evergy to charge a monthly grid access fee to solar users, handing something of a temporary win for them. The Kansas Corporation Commission decided to reject the company’s solutions, reported the Hutchinson News. Evergy had wanted to charge solar users a grid access fee …
A poll conducted by POLITICO/Morning Consult showed more than half of U.S. voters think Texas should not continue with its lone electric grid, but should connect to a regional grid. POLITICO reported that 56% supported joining another grid, findings taken after last week’s deadly and disastrous winter storm left millions without power. The poll …
The state of New Mexico went to federal court filing a civil complaint against the U.S. Department of Energy for failing to clean up contamination at the Los Alamos National Laboratory. The complaint alleges the DOE didn’t comply with a 2016 Compliance Order and was filed after the state’s Environment Department found the Los …
** The U.S. Air Force is distributing bottled water to Arizona residents and business owners near Luke Air Force Base whose drinking water showed high levels of contaminants. A statement by the base said water testing detected levels of perfluorooctanoic acid and perfluorooctane sulfonate “above the Environmental Protection Agency’s lifetime health advisory for drinking water.” ** Exxon …
After years of layoffs at the ConocoPhillips operation in Bartlesville, the company confirmed Thursday it plans to close the Bartlesville Labs by the end of the year. The Labs sector is located in the Phillips 66-owned Research Center and the closing is expected to be completed by the fourth quarter 2021. The company’s lease …
Wednesday’s announcement by Democratic Sen. Joe Manchin, chair of the Senate Energy and Natural Resources Committee that he will support New Mexico Rep. Deb Haaland to be interior secretary likely means the committee will approve her. His announcement followed one by Oklahoma U.S. Sen. James Lankford that he would not support the Democratic Congresswoman …
National Oilwell Varco plans to release its first quarter 2021 financial earnings report in April. The Houston-based company said the results will be made public after the market closes for trading on Tuesday, April 27. A conference call to be held by NOV executives will be held the next day, Wednesday April 28 at …
Oklahoma Gov. Kevin Stitt’s naming of two new cabinet secretaries this week included one with a long employment in the oil and gas industry. The governor named Jennifer Grigsby to be the secretary of economic administration. Grigsby is a certified public accountant and previously was employed by Chesapeake Energy Corp. for nearly 18 years. …
