When NextEra Energy’s president said the third quarter revenues were strong, he wasn’t kidding. With Oklahoma wind farm operations adding to its revenue, NextEra Energy, Inc. reported third quarter net income of $1,852 billion or 90 cents a share….up from the $1.219 billion and 60 cents a share reported in the third quarter of …
** Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments and questioned an exception issued to the world’s largest oilfield company SLB to operate in the country. ** General Motors will invest $625 million to partner in developing a lithium mine in Nevada that will help …
Ever since Hurricane Maria destroyed Puerto Rico’s power grid 7 years ago, the island territory has struggled with power changes. As we have followed the struggles of Oklahoma City’s Mammoth Energy Services to get paid millions for the work it did in restoring electrical power after the 2017 hurricane, now comes a different challenge …
** Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week reached an agreement to offload a small defense unit that makes surveillance equipment for the U.S. military, the paper reported, citing people familiar with the …
The state of Kansas saw a 5% increase in clean energy jobs last year according to a new Clean Jobs Midwest’s report. As a result, Kansas had 26,058 people working in the clean energy industry, far more than in 2019 when 24,812 worked in the industry. The report found 761,000 people were employed by …
More than $2.5 million in federal funding has gone to the building of 13 solar farms in Arkansas. The money, totaling $2.573,271, came from the U.S. Department of Agriculture. According to USDA officials, the grants provided through the USDA Rural Energy for America Program (REAP) are intended to lower energy costs while providing jobs and clean energy. …
** An ethanol plant in central Illinois has stopped injecting carbon dioxide (CO2) into the ground after a potential leak was discovered on the property for the second time this year. The problems at the Archer Daniels Midland (ADM) plant raise questions about the safety of about 150 other carbon capture wells proposed across the …
They held a big ribbon-cutting ceremony on Friday in central Texas for what is being called one of the largest solar projects in the U.S. And for Google, it was the firm’s largest solar electricity deal it’s ever made. The site is Buckholts, Texas and the event drew U.S. Energy Secretary Jenier Granholm who …
Among the speakers at next month’s 2024 Energy Conference sponsored by the Federal Reserve Banks of Kansas City and Dallas will be Devon Energy leader Rick Muncrief. He is slated as one of those who will speak at the conference on Wednesday, Nov. 13 at the Federal Reserve Bank of Dallas, 2200 N Pearl …
** Alaska officials urge a court to dismiss youth advocates’ lawsuit alleging a state-sponsored proposed liquefied natural gas pipeline and export terminal would exacerbate climate change. ** Amazon.com Inc. and billionaire financier Ken Griffin are among the backers anchoring a $500 million investment in small nuclear reactors, a burgeoning technology heralded as the next era for …
