Energy news in brief

** Cactus, Inc. announced that it will issue its fourth quarter and full year 2020 earnings release after market close on Wednesday, February 24, 2021. The Company will host a conference call to discuss financial and operational results on Thursday, February 25, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).

** BP swung to its first full-year loss in a decade after a “brutal” 12 months in which demand and oil prices plunged due to the pandemic. The oil major reported a replacement cost loss, its preferred measure of profitability, of $18.1bn (£15.9bn) compared with a $3.5bn profit in 2019.

** An equipment failure causes 2,100 gallons of oil and 12,600 gallons of produced water to spill at a North Dakota well site.

** Tallgrass Energy, LP announced that it received the 2021 Top Workplaces USA Award, marking the seventh consecutive year the company has been recognized by the Top Workplaces program. This is the inaugural year for Top Workplaces USA, which is built on the program’s 14-year history surveying more than 20 million employees across 54 markets for the regional Top Workplaces awards.

** Wyoming revises state gaming and fishing regulations to consider the impacts of solar projects.

** Developers of a technology being tested at Wyoming wind farms say it has reduced eagle deaths by 82%.

** Venezuelan PDVSA’s growing pool of new customers helped the state oil company boost exports in January, but the increase was not enough to offset the cumulative effect of U.S. sanctions, according to documents from the firm and vessel tracking data reported Reuters.

** MidAmerican Energy files a lawsuit against an Iowa county’s “de facto ban” on wind energy after adopting strict regulations on new development reported the Des Moines Register.

** North Dakota lawmakers consider raising the state’s fuel taxes to pay for improvements for roads and bridge according to the Bismarck Tribune.

** Natural Gas Intelligence reports NextDecade dropped its plans to build a natural gas export terminal in Galveston Bay because of complications involving federal regulation of part of the site.

**  Utah lawmakers advance a bill that would increase electric and hybrid vehicle registration fees.

** A Wall Street trader says major oil companies promoting green initiatives “is mostly horseshit and P.R. propaganda,” according to Vanity Fair.