November 2023 archive

Years later, Army Corps seeks input on controversial oil pipeline in North Dakota

  Hard to believe it’s been seven years when some Oklahoma protesters joined thousands of others at the Dakota Access Pipeline projecct in North Dakota. They spent weeks fighting the pipeline opposed by the Standing Rock Sioux Tribe. The protests lasted for months but the Trump administration eventually approved the project in June of 2017. …

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Standard Lithium sees positive brine results in southern Arkansas

Canadian-based Standard Lithium Ltd. announced this week the initial performance results from its operations in southern Arkansas where it is in a race to develop lithium from the Smackover Formation’s brine to supply batteries for electric vehicles. Standard has a Direct Lithium Extraction process at its Demonstration Plant near El Dorado, Arkansas.The plant, in operation …

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DEQ to launch series of meetings on how to spend $3 million in climate pollution reduction

  The Oklahoma Department of Environmental Quality plans to launch a series of meetings focused on how to use Oklahoma’s Climate Pollution Reduction Grant of $3 million funded by the Biden administration’s green efforts. Meetings will be held Tuesday, Nov. 28 in Oklahoma City and Thursday, Nov. 30 in Lawton. Other meetings will follow in …

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AAA warns against Thanksgiving drunk driving

            With nicknames like “Blackout Wednesday” and “Drinksgiving,” the night before Thanksgiving has developed a reputation for heavy alcohol consumption and binge drinking. Unfortunately, that trend isn’t isolated to the evening before the holiday. Unusually heavy traffic and the effects of holiday revelry and bar crawls are recognized as the …

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Poll shows opposition to solar and wind farms in a Kansas county

  A survey of some of the residents of one Kansas county shows they are split on their support for renewable energy with the edge going to those who oppose wind and solar farms. The Shawnee County Planning Department carried out the survey of nearly 900 residents around the state capitol in Topeka and found …

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Legislators fight LNG storage site near Albuquerque

  About a dozen state legislators in New Mexico are fighting a planned construction of a liquified natural gas storage facility in Rio Rancho near Albuquerque. They have asked the New Mexico Public Regulation Commission to reject the move by the New Mexico Gas Company. Hearings begin in December and 14 legislators sent a letter …

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Latest on Chesapeake Energy efforts to acquire Southwestern Energy

  Chesapeake Energy and Southwestern Energy Co. still in talks to merge? It was reported last month by Bloomberg and this week the news service had more about ongoing reported merger talks. It quoted Kimmeridge Energy Management Co. as indicating such a merger would create one of the oil and gas industry’s ost sought-after stocks. …

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Energy quick reads

** A United Nations report warned Monday that the Earth is on track to warm up to 2.9 degrees this century, nearly double the UN’s 1.5 threshold. ** Alaska’s congressional delegation introduces legislation that would reverse the Biden administration’s oil and gas drilling ban on 13 million acres of Alaska’s North Slope.  ** U.S. Securities and Exchange Commission (SEC) …

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Crude oil made 2% gain in Monday’s trading

Crude oil prices rose more than 2% on Monday while most Oklahoma energy stocks recorded losses for the day. The crude price gains came as new supply cuts in OPEC+ production are expected when the member countries meet early next week. West Texas Intermediate crude finished up $1.71 or 2.3% at $77.60 a barrel on …

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Latest dividend announced by Halliburton

  The Halliburton Company declared a 2023 fourth quarter dividend of 16 cents a share on Monday. According to the announcement, the dividend will be payable on Dec. 27, 2023 to shareholders of record at the close of business on Dec. 7, 2023. The 16 cents is the same amount of the three previous quarterly …

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