As of this week, nearly 90% of the wildfires that started in the Texas Panhandle and slowly moved into western Oklahoma were finally under control after getting their deadly start last month. But strong south winds on Wednesday brought potentially more danger to the region as firefighters feared they might reignite or rebuild the …
March 13, 2024 archive
Carl Icahn gives up proxy fight for San Diego DNA company
Activist investor Carl Icahn, who used a proxy fight to take control of Oklahoma City’s SandRidge Energy in 2018, wasn’t so successful in an attempt to take over DNA sequencing company Illumina Inc. Bloomberg reports Icahn did not nominate directors for seats on the San Diego-based company’s board of directors before a deadline passed. …
Energy quick reads
** U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected power demand will rise to 4,099 billion kilowatt-hours (kWh) in 2024 and 4,128 billion kWh in 2025. ** U.S. energy firm CNX Resources said on Tuesday …
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