June 8, 2022 archive

OGE makes it official with ratepayer bonds to cover storm costs

  The effort to sell nearly $1 billion in ratepayer backed bonds to be used in covering OGE Energy Corp.’s February 2021 storm costs was launched this week. OGE Energy Corp, in the filing of a Form 8-K with the U.S. Securities and Exchange Commission indicated the Oklahoma Development Finance Authority began offering the bonds …

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EV ownership soars in Arkansas

  Electric vehicles registered in Arkansas are up 43% in the first five months of 2022 compared with the same period in 2021, with Benton, Pulaski and Washington counties home to 57% of those, according to info from the Arkansas Department of Finance and Administration (DFA). The number of fully electric vehicles in Arkansas as …

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Oilfield employment went up in May

  Oilfield employment across the U.S. increased by nearly 4,800 during the month of May, reaching a total of nearly 629,000 according to the government. The Bureau of Labor Statistics reported the increase in May totaled 4,774 jobs, bringing the nation’s total employment in the oilfields to 628,793. Click here for Energy Workforce and Technology …

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Laredo Petroleum breaks up with accounting firm

  Laredo Petroleum decided this week to end its services with Chicago-based Grant Thornton LLP as its accounting firm. But neither side gave any clue as to what caused the break-up, something that is typical when such splits occur. The Tulsa-based company fired Grant Thornton and appointed Ernst & Young LLP as its new public …

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Shell offers green power plan in Texas

  A new green power business for Texas homes was launched this week by Shell, a plan that includes free charging for electric vehicles during off-peak hours. Reuters reported the new U.S. retail brand is called Shell Energy Solutions. Click here for Reuters