Not letting up on his criticsm of the move by state regulators to approve billions of dollars in added costs from the 2021 Winter Storm Uri, Corporation Commissioner Bob Anthony had intended to present the testimony of a financial expert who agrees with him. Whether Hall of Fame accountant David Greenwell will be …
Category: Oil & Gas
Oil and gas leaders know—Kamala Harris is not a laughing matter
The shudder you might have felt across Oklahoma, Texas, New Mexico, Louisiana, North Dakota and other oil and gas producing states is from the oil and gas industry after Sunday’s announcement that President Biden decided not to run for re-election and instead gave a delayed endorsement of his vice president Kamala Harris. Here’s …
2Q earnings release coming for LSB Industries—will it make a turn around?
After a slump in net sales and revenue in the first quarter, LSB Industries, Inc. prepares to release its second quarter earnings report next week. The release will be made on Wednesday, July 31 after the close of the stock market. Management of the Oklahoma City-based company plans a conference call the next day, …
Energy briefs
** A proposed hydrogen pipeline that would stretch 200 miles across the Navajo Nation is an environmental threat and a safety concern due to lack of regulations, a Navajo grassroots group argues in an educational campaign about the project. ** Minnesota Power now estimates a coal ash spill at a northern Minnesota power plant is five …
Tellurian sold to Australian company
Australia’s biggest oil and gas producer, Woodside Energy Group Ltd. is taking over Texas-based Tellurian in a $900 million deal. Under the acquisition, Woodside will pay about $1 a share in cash to take over the troubled LNG export project developer. As Bloomberg reported, Woodside has been a vocal energy company pushing for …
Williams commits funds to help restore duck habitat in SW Louisiana
Williams is partnering with Ducks Unlimited (DU) to enhance critical wetlands and enrich visitor experience at two wildlife refuges in southwest Louisiana. Williams has committed $200,000 to support wetlands restoration and habitat management at Cameron Prairie and Lacassine National Wildlife Refuges in southwest Louisiana. DU is working with the U.S. Fish and Wildlife Service …
Oil slick in the Gulf blamed on abandoned oil rig platform
After discovering an oil slick eight miles off the Texas coast more than a week ago, federal and state officials say they’ve determined it is coming from an abandoned platform in the Gulf of Mexico. The state of Texas was notified July 14 and video posted on social media showed liquid spewing out …
Mitchell Talks Energy with Jerry Bohnen about Judge’s ruling against anti-ESG Act
In this latest Podcast of Mitchell Talks Energy with Jerry Bohnen, the two focus on an Oklahoma County Judge’s ruling that permanently freezes the state’s anti-ESG Act. It’s better known as the Oklahoma Energy Discrimination Act which was passed two years ago to protect the oil and gas industry from financial firms that boycotted the …
From funding to new energy bills—they’ll be handled this week on Capitol Hill
Yes, there are plenty of energy issues being debated in Congress. Consider what might be decided this week as reported by The Hill. Monday The House Rules Committee is taking up House bills to fund the Energy and Interior Departments and EPA, meaning the legislation could get voted on later this week. Tuesday The House Energy and …
Two environmental court losses for Attorney General Drummond
Oklahoma Attorney General Gentner Drummond suffered two court losses on Friday, both in cases involving energy-related issues. First an Oklahoma County Judge approved a permanent injunction against the state’s Energy Discrimination Elimination Act, a defense Drummond took up in May when the same judge issue a temporary hold on the controversial act. But …