As the state workers group in Oklahoma heaped criticism on the State Treasurer this week for banning some banks over their ESG policies, in Texas, five more were added to the list of banned financial institutions for the same reason. They discriminate against oil and gas companies. Texas Comptroller Glenn Hegar said they were …
November 2, 2023 archive
Arkansas airport to install chargers for EV airplanes
Officials at the Walnut Ridge Airport in northeast Arkansas want to be ready in the event someone arrives in an EV airplane. They’re installing an electric plane charger. Walnut Ridge was chosen as the site by Electrical Aerospace Company Beta Technologies “They’ll be putting an electric charging station here for their electric and hybrid …
Cheniere Energy’s profits fell in 3Q
Cheniere Energy beat expectations of Wall Street analysts in its third quarter earnings. The company, with the Midship natural gas pipeline running from Kingfisher to southern Oklahoma, had revenue of $4.2 billion in the quarter. But it was lower than the $8.9 billion posted a year ago. The profit also totaled $7.03 a share. …
Marathon Oil’s profit fell 44% from a year earlier
Houston’s Marathon Oil, the company with drilling efforts in Oklahoma’s STACK play and offices on Northwest Expressway in Oklahoma City, posted a third quarter profit down 44% from a year ago. Still, the third quarter financial results were better than the Wall Street analysts had predicted, mostlly because of increased oil and gas production …
Energy headlines
** On Wednesday, Rep. Jim Jordan (R-Ohio), the head of the GOP-controlled House Judiciary Committee, demanded documents from the climate group As You Sow as part of a broader investigation into climate-conscious investing. Jordan accused the group of an illegal conspiracy in the name of advancing a left-wing political agenda. ** The State Department on Wednesday announced a partnership with the nonprofit …
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