A report by Reuters indicated that Oklahoma City-based Chesapeake Energy Corporation might be attempting to sell its South Texas assets. The wire service report indicated the oil-producing assets, which include more than 220,000 acres in the Eagle Ford shale basin could bring nearly $2 billion for the company. The assets produced 84,000 barrels of …
Texas-based Flowserve Corporation revealed this week its intention to close its Tulsa plant, a move that will affect 52 employees. Flowserve, a multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves to the power, oil, gas and chemical industries notified the Oklahoma Office of Workforce Development. …
The US rig count inched up by three in the last week to 521 as of April 28, according to Enverus Rig Analytics. The current count is up 5% in the last month and up 27% YOY and Oklahoma’s Chesapeake Energy is among those with increased activity. US activity levels have continued their …
The wait begins for a southern Oklahoma refinery operator in its U.S. Supreme Court fight over EPA exemptions and waivers to mandated biofuels requirements. The Court heard arguments this week in Hollyfrontier Cheyenne Refining LLC v. Renewable Fuels Association which includes CVR Energy, operator of the Wynnewood refinery in Oklahoma. The two refinery operators challenged a …
** President Biden highlights clean energy promises in his first address to Congress, including his commitment to make the U.S. a leader in electric vehicle and battery production. ** Building enough wind, solar and other renewable energy sources to achieve an emissions-free grid by 2035 will require a chunk of land the size of South Dakota, an estimate suggests. …
ONE Gas and Vanguard Renewables announced a renewable natural gas (RNG) initiative designed to develop and expand farm-based RNG projects across Kansas, Oklahoma and Texas. The announcement said it will be Vanguard Renewables’ first mid-continent alliance with a local natural gas distribution company that is committed to innovating its clean energy fuel mix through RNG. …
The operator of the Hot Springs, Arkansas Convention Center has paid a $238,450.96 monthly gas bill it received after the February winter storm, but it did so under protest, accusing the gas supplier of “price gouging.” The Hot Springs Advertising and Promotion Commission paid the bill and also filed a complaint against the natural …
Thanks to the development of COVID-19 vaccines during the Trump administration’s Operation Warp Speed, the U.S. is coming out of restrictions that resulted in lockdowns throughout the country. It’s displayed by a recent increase in the number of air travel passengers which might also indicate a near-term increase in jet fuel demand reported the …
The Republican attorneys general in Kansas and Missouri joined other GOP attorneys general in 20 states in a legal fight over the government’s failure to consider the social cost of carbon emissions in determining whether to approve new natural gas pipelines. Eric Schmitt of Missouri and Derek Schmidt of Kansas filed comments with the Federal Energy Regulatory …
Oklahoma U.S. Sen. James Lankford used a Senate hearing this week to call for energy diversity in the U.S. His call came during a Senate Finance Committee hearing entitled “Climate Challenges: The Tax Code’s Role in Creating American Jobs, Achieving Energy Independence, and Providing Consumers with Affordable, Clean Energy.” He questioned witnesses and focused on …
