One energy company that anticipates benefits from President Trump’s controversial worldwide tariffs is a solar firm based in Austin, Texas. T1 Energy Inc. came out and said it supports the tariffs, explaining they align with the company’s strategy to establish a vertically integrated U.S. solar plus storage supply chain. With T1’s operating 5 GW …
Category: General
Oil company to devote more drilling in the Permian
Another oil and gas exploration company has completed the sale of its assets in one part of Texas so it can devote more efforts in the Permian Basin in West Texas. Matador Resources Company, Dallas, announced recently the sale of its remaining Eagle Ford shale position in South Texas and provided an update on …
Helmerich and Payne’s quarterly release to show if turnaround was made in revenues
The second quarter earnings report for Helmerich & Payne will be made public on Thursday, May 8 and investors are wondering if the company’s revenues will continue their decline as indicated the past two quarters. The Tulsa-based drilling rig contractor intends to hold a conference call later in the morning at 10 o’clock …
Major solar manufacturer gives “boost” to Texas solar industry
Solar energy supporters are calling the opening of a 1.6-gigawatt solar module factory in Texas a “major boost” for the state. But the boost could eventually be much more if the company follows through on its growth plans. Waaree Solar Americas, a subdivision of Indian conglomerate Waaree Energies started producted in January in Brookshire …
State Treasurer sees economy growth in Oklahoma
Oklahoma Treasurer Todd Russ expressed optimism about Oklahoma’s economy as he released the March revenue numbers for the state, numbers that reflected an increase in gross production tax revenue from oil and gas production. However, his optimism was also expressed last week just as the impact of President Trump’s worldwide tariffs were beginning …
Government identifies more data center sites
None are in Oklahoma where the state is seeing planned construction of more data centers, but the U.S. Energy Department has identified 16 federal locations for potential construction of more such centers and energy resource. According to a Data Center map, there are already 35 such data centers of varying size in the state. …
Energy briefs
** Liberty Energy Inc., the company previously run by U.S. Energy Secretary Chris Wright plans to release its financial results for the first quarter after the market closes on Wednesday, April 16. ** The battle over whether California should build a $20-billion water tunnel in the Sacramento-San Joaquin River Delta is escalating, with Gov. Gavin …
Other states also see activism against renewable energy projects
The movement against renewable energy projects across Oklahoma is also seen in other states in the region. As Canary Media reports, similar efforts are underway in Texas. Click here for Canary Media
GOP leaders question Governor’s Forestry Office actions
Republican lawmakers at the state capitol have some serious questions to ask Gov. Kevin Stitt about his plan to eliminate the state Forestry Office following his firing of Forestry Director Mark Goeller. Here’s how NonDoc Media reported the growing developments: “Speaking of clockwork, during Gov. Kevin Stitt’s time in office, he has routinely found …
Interior Secretary visits Halliburton Marcellus site
The American Exploration and Production Council, in partnership with EQT Corporation, Halliburton Company, and Range Resources, recently hosted Department of the Interior Secretary and Chair of the National Energy Dominance Council Doug Burgum for a Marcellus shale field visit in Washington County, Pennsylvania. Secretary Burgum visited a hydraulic fracturing site highlighting modern energy development …