October 15, 2021 archive

3Q financial report coming from Cactus

  Another Texas energy company with operations in Oklahoma, Cactus, Inc. plans to release its third quarter 2021 earnings report in a few weeks. The House-based company announced it will make the information available to the public after the close of markets on Wednesday, November 3. The release will be followed by a conference call …

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Historic changes are coming to the Texas energy industry

  A report by the Federal Reserve Bank of Texas suggests the state’s economy will continue to do well in the coming decades even with a possible and likely long-term decline in the state’s oil and gas sector. But changes are definitely coming to the state’s energy industry. The bank stated in its assessment report …

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Coal fired power plants will still be around in 2050

  If the prediction of the U.S. Energy Information Administration is accurate, most of the electricity generated in this country through the next 30 years or so will come from renewable resources–especially solar and wind power. But don’t think coal will be gone by then. The EIA expects certain regions of the country will still …

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Duke Energy-backed Southeast energy market moves forward including Oklahoma

  The Federal Energy Regulatory Commission remains deadlocked on Duke Energy’s proposed Southeast Energy Exchange Market which includes parts of Oklahoma and 10 other states. But the market is being allowed to start operations because FERC could not decide whether to reject the plan or approve it reported the Charlotte Business Journal. Click here for …

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$2.8 billion gas plant proposed for North Dakota

  A Canadian energy company wants to build North Dakota’s first factory designed to turn natural gas into liquid fuels. It is a proposed $2.8 billion project that could go a long way in reducing the amount of natural gas flared in the state. The Associated Press reported the state approved a $3 million loan …

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