Efforts by Public Service Company of New Mexico to merge with Connecticut-based Avangrid will be heard in a few weeks by the New Mexico Supreme Court. The state’s Public Regulation Commission rejected the proposed merger in December 2021 and the two utilities appealed the decision to the state Supreme Court. The case has sat …
Seems there is rapidly growing interest in South Arkansas, home to the Smackover Formation and a rich yield of lithium from the brine. Australian-based Daytona Lithium, which controls the brine leases to more than 5,300 acres next to ExxonMobil’s newly-acquired brine leases sold 35% interest to another Australian company, publicly-owned Pantera Minerals. Remember, ExxonMobil …
Yet another state says it’s not ready for the spread of electric vehicles. Nebraska U.S. Sen. Pete Ricketts instead says there is plenty of ethanol available. “We’re a rural state. We don’t have chargers all over the place,” he told a recent panel of stakeholders and policy experts who discussed alternatives to electric vehicles. …
ONEOK took another step in preparing for a shareholders vote in September regarding the company’s nearly $19 billion merger with Tulsa-based Magellan Midstream. The firm filed a proxy voting ballot with the Securities and Exchange Commission, one urging shareholders to approve the merger. The SEC filing is a copy of the proxy being sent …
** In a record-breaking year of disasters, the Federal Emergency Management Agency is announcing nearly $3 billion for communities to build resiliency against climate change-fueled extreme weather. ** Virgin Galactic Holdings, Inc. announced the ‘Galactic 03’ flight window will open September 8, 2023, continuing a monthly cadence of spaceflights. This would be the Company’s fourth spaceflight …
China’s move on Monday to do something about its sagging economy resulted in a gain in crude oil prices as well as Oklahoma energy stocks. Here’s what China did. It halved stamp duty on stock trading in its latest attempt to boost struggling markets. West Texas Intermediate crude, considered the US benchmark, gained 45 cents …
A quick announcement from the Oklahoma Corporation Commission. The Oil and Gas Conservation Division will be performing server maintenance beginning at 4:30 PM on August 29, 2023. Systems will be down during this time, and the outage is anticipated to last 2 to 3 hours. Applications affected include EWFILER, Well Browse, eForms, RBDMS.net, and ITD. We …
Just when you thought maybe fall had arrived early…..sorry. The triple digit heat is returning to Oklahoma and the region. Oklahoma Climatologist Gary McManus says it will arrive as early as Friday and perhaps on Thursday. Oh, a word of warning if you intend to go to either the OSU or OU home …
Labor Day weekend travel is expected to be busier this year than in 2022 and AAA says increased gasoline prices probably won’t affect the end of summer travel. As usual, most Labor Day travelers will drive to their holiday destinations, closing out the summer with one more Great American Road Trip. Gas prices, which …
Electric car manufacturer Canoo Technologies announced it has named current Board Member Greg Ethridge as Chief Financial Officer, succeeding Ken Manget. Ethridge will report to Canoo Chairman and CEO, Tony Aquila. The company said in its Monday announcement that the move is effective immediately, and Ethridge will assume responsibilities for capital markets, investor relations, …
