After an 87% increase in total revenue during the first quarter of 2023, Oklahoma City-based Mammoth Energy Services prepares a release of its second quarter earnings report. But the big question is just how badly low natural gas prices affected the company’s completions activity and whether it continued into the second quarter. The financial …
July 21, 2023 archive
Lt. Gov. Matt Pinnell to get new title and duties
Governor Kevin Stitt is asking Lt. Governor Matt Pinnell to take the lead in workforce development and has nominated him to be the next Secretary of Workforce Development. Pinnell’s focus will be working with the Department of Education and Department of Commerce to develop a workforce pipeline. If confirmed by the Oklahoma Senate next …
McClellan-Kerr Navigation deepening project getting underway
With the help of more than $92 million from the Infrastructure Investment & Jobs Act, the Army Corps of Engineers in the Tulsa and Little Rock districts has launched efforts to deepen the the shipping channel on the 445-mile McClellan-Kerr Arkansas River Navigation System. Plans call for the channel to be deepened to 12 …
Most of nation’s renewable diesel fuel ends up in California
Six states, Louisiana, North Dakota, California,Wyoming, Washington and Kansas were the primary sources of all renewable diesel production in the United States in 2021. Oklahoma joined the production in 2022 when the CVR refinery at Wynnewood began manufacture of biofuels as well. But the U.S.Energy Information Administration reported recently that California accounts for nearly all renewable …
Biden administration unveils more punishing rules for oil and gas industry
New rules unveiled by the Biden administration target oiland gas operators who lease public lands. The administration called them a move to “ensure fair return to tapayers because they increase the costs for the oil and gas industry reported Fox News. The Department of the Interior and the Bureau of Land Management unveiled the …
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