Recently announced land deals involving Oklahoma oil and gas operators Ovintiv Inc. and Laredo Petroleum are among the growing national movement of companies and private equity firms to unload some of their assets in the U.S. oil patch. The recovery in the price of oil is behind much of the movement. It was …
June 2021 archive
Energy news in brief
** Energy Secretary Jennifer Granholm unveiled new efforts aimed at massively cutting the cost of producing hydrogen with climate-friendly processes. The “Hydrogen Shot” program will breathe life into the DOE’s goal, first announced in April, to drive the costs of clean hydrogen down from about $5 per kilogram today to $1 per kilogram by 2030. ** President …
Canoo opening Texas operations?
If California Gov. Gavin Newsome isn’t worried about possibly losing another corporation to Texas, perhaps he should be following word that EV maker Canoo is opening offices in Dallas. The Los Angeles Business Journal reported recently the company is diversifying its operations by expanding to other states. Click here for Los Angeles Business Journal …
Fort Sill energy center back on agenda of Oklahoma regulators
Oklahoma Corporation Commissioners meet Monday to take another look at PSO’s proposed energy center to be built on the Fort Sill post—one that is opposed by two of the commissioners who expressed doubts about the cost to be borne by PSO consumers. The issue on Monday’s agenda for the 1:30 p.m. meeting. Commissioner Bob …
Mammoth Energy shareholders hold annual meeting
The annual shareholders meeting of Oklahoma City-based Mammoth Energy Services, Inc. was held last week where six members of the board of directors were chosen to serve for the next year. Arthur Amron, Corey Booker, Paul Jacobi, James Palm, Arthur Smith and Arty Straehla were elected to serve as the Company’s directors until the …
Judge stops planned Nebraska chicken plant
The same law firm that helped opponents stop the use of eminent domain for the Keystone XL pipeline in Nebraska before President Biden killed the entire project scored another legal win in the past week. Omaha-based Domina Law Group was successful in representing Nebraska landowners who sue Costco in its proposed giant new chicken factory …
Buyers still aren’t convince about EVs—they’re on the fence
What are your thoughts about the purchase of an electric car or pickup truck? While manufacturers clamor to produce EVs which have a range of only about 300 miles, Americans aren’t in a race to acquire one of the pricy vehicles. At least that’s according to a survey by the Pew Research Center. It …
I-40 bridge repairs might last through July
Transportation officials admit the reopening of the I-40 bridge over the Mississippi River from Arkansas to Tennessee might not occur until perhaps the end of July. Word of the repairs was revealed during U.S. Transportation Secretary Pete Buttigieg’s recent visit to the bridge where a large crack was found in a support beam in …
Texas considers ending “no disconnect” order
The “no disconnect” order in Texas could come to an end this week per members of the Texas Public Utility Commission who recently discussed the matter. The order was put in place after the failure of the state’s power grid during the historic February storm that left Texas and Oklahoma struggling for electrical power. …
Lawsuit claims illegal snooping by oil company
Continental Resources Inc. finds itself dragged into Oklahoma County District Court and accused of an illegal operation designed to steal secrets from another oil and gas firm. The suit was filed by Perpetual Production LLC, a firm formed in 2017 and headquartered in Dallas, Texas with an office in Edmond. The Oklahoman reported the lawsuit …