In accepting the Republican Presidential nomination Thursday night, former President Donald Trump vowed that on his first day returning to the White House, he will do away with the Biden administration’s EV mandate. He further said his administration will have an energy campaign of “Drill Baby, Drill.” But some oil and gas leaders across …
July 19, 2024 archive
2Q earnings report from Southwestern Energy coming Aug.1
While waiting for final FTC approval of its merger with Chesapeake Energy, Southwestern Energy plans a second quarter release of its earnings report on August 1. Investors await news whether the firm’s $4 billion debt grew in the past quarter. The company does not intend to hold a cconference call or webcast to discuss …
Climate deniers in Congress include Oklahomans
Oklahoma U.S. Sen. Markwayne Mullin might consider it a “badge of Honor,” that he is cited by one group as among the 123 elected officials in Congress who are called “climate deniers.” Others might call it a mark against him. The Center for American Progress classified the Republican Senator among those who don’t support …
Nation’s latest rig count holds steady but Oklahoma numbers fell
As the nation’s latest Baker Hughes report released on Friday showed a slight rebound in the number of active oil and gas rigs, it also revealed another drop in Oklahoma’s list of rigs still in the patch. Oklahoma’s count fell one in the past week, leaving 33 active rigs in the various plays. A …
Judge puts permanent freeze on Oklahoma’s anti-ESG Act
Oklahoma’s controversial anti-ESG law, formally called the Energy Discrimination Elimination Act, was permanently ordered on hold Friday by an Oklahoma County District Judge. Judge Sheila Stinson, upon hearing arguments for nearly one hour issued her permanent injunction against enforcement of the Act by State Treasurer Todd Russ. Attorneys representing the Attorney General Gentner …
Energy briefs
** Debris from a broken offshore wind turbine has for days been washing up on the Nantucket shore, prompting beach closures and frustrating locals at the peak of the summer season. The massive turbine blade – as long as a football field – was part of the Vineyard Wind farm off the coast of Massachusetts and its islands, Martha’s Vineyard …
