Oklahoma City’s Kimray Inc. unveiled this week its entry into the world of attempting to reduce emissions in the oil and gas industry. The company released a new product, the Electric Actuator. “When customers pair the Electric Actuator with a control valve, they know they will receive durable, emissions-free control of their separation …
** Bipartisan legislation aimed at speeding up approvals for new energy projects advanced to the full Senate Wednesday. The legislation, put forward by Sens. Joe Manchin (I-W.Va.) and John Barrasso (R-Wyo.), sailed through committee in a 15-4 vote. The lawmakers who opposed the legislation were Sens. Ron Wyden (D-Ore.), Bernie Sanders (I-Vt.), Mazie Hirono (D-Hawaii) and Josh Hawley (R-Mo.), reported The Hill. ** Refiner HF …
Oklahoma City’s LSB Industries reported a second quarter drop in net sales and net income, but leadership still considers the company had a solid cash flow. Company executives also believe the prices have stabilized following the instability and price hikes of two years ago. Net sales were $140 million compared to $166 million a …
ALLETE, Inc., the Minnesota-based company with major wind farms in Oklahoma suffered a significant drop in earnings in the second quarter. Forced outages at the company’s two wind farms in Oklahoma played a role in the decline. Earnings were 57 cents a share on net income of $33 million compared to 90 cents …
The question some in the energy industry asked this week—is Vice President Kamala Harris lying when she claims she no longer supports a ban on fracking in the oil and gas industry? After being a major proponent of a fracking ban five years ago when she dropped out of the race for President, Harris …
While oil and gas industry supporters viewed this week’s federal court ruling that halted the Williams Cos. from expansion of its major gas line serving northeastern states, others called it a big win for environmentalists. Take for instance the headline in the New Jersey Monitor…New Jersey being one of the states to be …
