January 10, 2024 archive

Energy quick reads

** US oil and gas production is booming, but policies being imposed now could jeopardize the country’s energy might, the industry’s top trade group is warning Washington. That sobering outlook is being delivered by the American Petroleum Institute as it holds an annual gathering in the nation’s capital Wednesday to highlight top policy priorities, amid …

Continue reading »

EIA expects two years of significant growth in solar electric generation in the United States

  The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in 2023, according to its January Short-Term Energy Outlook (STEO). Developers have reported that almost 80 gigawatts of solar power will come online over the next two years, increasing U.S. solar generating …

Continue reading »

Vital Energy to release 4Q earnings report in February

The fourth quarter earnings report by Vital Energy will be released next month, according to an announcement by the Tulsa company. It intends to release the fourth-quarter and full-year 2023 financial and operating results after the close of markets on Wednesday, February 21, 2024. The firm will hold a conference call the next day at …

Continue reading »

BlackRock continues oil and gas investments in Texas

  Bloomberg reports that BlackRock Inc., while being banned from Texas public pension plans because it discriminates against the oil and gas industry, is still investing in oil and gas companies, including some in Texas. This week, OK Energy Today reported an SEC filing by Vital Energy Inc. of Tulsa showed BlackRock was a nearly …

Continue reading »