Author's posts
Atoka Public Schools Receives $50K STEM Grant from the AEP Foundation
Atoka Public Schools is a recent benefactor of a $50,000 STEM grant. Tulsa-based Public Service Company of Oklahoma (PSO), a subsidiary of American Electric Power (AEP), announced the grant from the AEP Foundation to help expose students to emerging technologies through STEM education. The AEP Foundation is the charitable arm of AEP and is partially …
Belgacem Chariag Appointed as New H&P Board Member
Tulsa-based Helmerich & Payne, Inc. recently announced that Belgacem Chariag was appointed to its Board of Directors. Chariag is currently the Chairman, President and Chief Executive Officer of PQ Group Holdings, a leading integrated and innovative global provider of specialty catalysts, materials, chemicals and services. He served in multiple positions with Baker Hughes in his 9-year tenure where he rose …
Williams Strikes Gulf of Mexico Deepwater Whale Agreement with Shell and Chevron
Tulsa-based Williams reached an agreement with Shell Offshore Inc. and Chevron U.S.A. Inc. to provide offshore natural gas gathering and crude oil transportation services as well as onshore natural gas processing services for the Whale development located approximately 10 miles from the Shell-operated Perdido host facility, according to a company press release. Williams plans to …
Oklahoma Wind Farm to Power Alabama Life Insurance Company Headquarters
A wind farm in Grant County, Oklahoma is collaborating with Alabama Power to provide 100% renewable energy power for the Birmingham headquarters of Protective Life Corporation. According to a published report in The Journal Record, the Chisholm View Wind Farm in Hunter, Oklahoma has a long-term contract with Alabama Power as a renewable energy resource. …
TX Official Wants Parity for Natural Gas Tax Incentives
A Texas Railroad Commissioner recently advocated that the natural gas industry should receive incentives similar to tax credits received by the renewable energy industry. Jim Wright, a member of the entity that regulates the oil and gas industry in Texas, believes similar parity would better protect the state’s energy systems and infrastructure from catastrophes like …
CenterPoint Energy Reports Jump in Income for 2Q 2021
Houston-based CenterPoint Energy, Inc. reported income of $221 million, or $0.37 per diluted share, for the second quarter of 2021, according to an earnings report issued last week. This compares to income available to common shareholders of $59 million, or $0.11 per diluted share, for the second quarter of 2020. On a non-GAAP basis, second …
Lankford convinces DHS to stop plans to move immigrants to Hinton
Senator James Lankford (R-OK) successfully blocked President Biden’s Immigration and Customs Enforcement (ICE) office from opening a “surge overflow temporary facility” at the Great Plains Correctional Institution in Hinton, Oklahoma, that would have been used to process migrants who crossed the border illegally and release them into Western Oklahoma. Twenty-four hours after Lankford spoke on …
Widespread energy gains reported in 2Q
From Denver to Houston, energy firms reported strong finances in the second quarter. Increased revenue for the second quarter 2021 was announced by Denver-based Whiting Petroleum. Revenue for the second quarter of 2021 increased $44 million to $352 million when compared to the first quarter of 2021, primarily due to increased commodity prices …
Drillers remain cautious as rig counts show slight growth in Oklahoma and U.S.
Reflecting the nation’s slow growth in oil and gas exploration, the latest rig numbers released by Baker Hughes show increases in Oklahoma and the rest of the U.S. But it’s clear drillers are not jumping in feet first and are displaying cautious exploration as crude oil prices fluctuate. Oklahoma’s rig count grew by one …
Strong second quarter for Cheniere Energy
Cheniere Energy might have been heavily criticized by some Oklahoma farmers and the Federal Energy Regulatory Commission over the way it failed to cleanup Oklahoma farmland following construction of the Midship pipeline, but the company had a heathy quarter ending June 30. The company reported consolidated adjusted EBITDA of nearly $1 billion for the …
