** President Donald Trump on Tuesday moved to revert to older standards for light bulbs as well as toilets, showers and other water-using appliances, a day after signing an order promoting plastic straws and rescinding a plan to reduce single-use plastics. ** US oil refiners along the Gulf Coast are snubbing shipments from Mexico and …
Category: Oil & Gas
Plunge in 3Q earnings for NGL Energy Partners LP
NGL Energy Partners LP suffered a massive drop in third quarter earnings compared to a year earlier. The Tulsa company released quarterly results this week showing net income for the third quarter of Fiscal 2025 was $14.6 million, far below the $45.8 million reported in the third quarter of Fiscal 2024. Adjusted EBITDA …
Energy Transfer to fuel a data center in a company first
In its first commercial arrangement to supply natural gas directly to a data center, Energy Transfer LP announced that it has entered into a long-term agreement with Denver-based CloudBurst Data Centers, Inc. to provide natural gas to CloudBurst’s flagship AI-focused data center development in Central Texas. The agreement calls for Energy Transfer’s Oasis Pipeline, …
Crude oil made gains despite tariff concerns
Despite concerns over what a global tariff war would do to crude oil prices, they rose on Monday. The gain came after President Donald Trump talked of tariffs on steel and aluminum. He’s talking of a 25% tariff on all steel and aluminum imports into the U.S. and prepared to implement them late Monday. West …
Energy sector loses more jobs, including Oklahoma
A new jobs report by the Energy Workforce & Technology Council suggests Oklahoma lost nearly 1,600 jobs in the energy services sector in the past few months. The decline of the jobs also reflected an overall downward adjustment of more than 7,300 positions compared to December 2024 across the nation. Based on preliminary data from …
Oklahoma joins lawsuit against New York’s climate law
Oklahoma Attorney General Gentner Drummond has a message for New York’s Democratic Gov. Kathy Hochul….he thinks her state’s climate law targeting oil and gas companies is an ” illogical environmental agenda.” As a result, Drummond joined 21 other attorneys general in suing New York over its Climate Superfund Act and its plan to force …
What Doug Burgum’s critics say about his Interior Department orders
While the nation’s oil and gas industry and its supporters have applauded new Interior Secretary Doug Burgum’s recent orders revoking anti-industry orders by the Biden administration, the new efforts have their critics. An example is a recent report by Inside Climate News. National monuments, migratory birds, endangered and threatened species: Some of the nation’s …
Evergy wants to boost electric bills by $13 a month in Kansas
Customers of Evergy, the largest electrical provider in Kansas, face a possible $13 increase in monthly bills if the utility’s $196 million rate hike request is approved. The company recently filed the request with the Kansas Corporation Commission with CEO David Campbell explaining it’s necessary. “Evergy continues to focus on keeping rates as low …
Trump redlights EV infrastructure funds in Oklahoma and elsewhere
Oklahoma’s state Transportation Department might have been put into even more of a lurch this past week regarding suspended funding for the buildout of an EV charging network along major interstates in Oklahoma. That’s when President Trump’s administration on Thursday night ordered states such as Oklahoma and others to bring to a screeching halt, …
Mitsubishi cancels plans for $1.3 billion chemical plant
A proposed $1.3 billion chemical plant in Louisiana has been cancelled by vehicle manufacturer Mitsubishi. The company originally wanted to produce methyl methacrylate or MMA, a chemical used to produce plastic and rubber products and paints and glazes. But the Japanese conglomerate did an independent report last summer that concluded the plant would not be …