The company with plans to become America’s first major nickel refinery in Lawton announced its first binding commercial agreement. Westwin Elements called it a “milestone seven-year sales and purchase agreement” with Golden Age Free Zone Establishment which is a subsidiary of Apex Group-Turkiye. The company is operating a nickel/cobalt refinery test plant in …
Category: General
Wind blade operation to leave Cushing
Cushing will no longer be the site of an operation where outdated wind turbine blades are “downsized” and cut into small pieces for the eventual creation of mulch for a steam-generating electric generating plant. John Bok with North Coast Enterprise, the Ohio-based firm that specializes in helping wind farms decommission or dispose of old …
Energy briefs
** Federal authorities are working to contain an oil spill in a tributary of the Cuyahoga River in Cleveland, Ohio, that may have come from a former nearby refinery. ** NASA’s experimental Relay 2 satellite had been dead in the sky since 1967 — until last summer, when it emitted a super-short and very powerful …
Acquisition of PHX Minerals to be final this week
The estimated $187 million acquisition of Fort Worth-based PHX Minerals Inc. by WhiteHawk Income Corporation is about to be finalized this week. WhiteHawk, a natural gas mineral and royalty company headquartered in Philadelphia, Pennsylvania announced that a majority of its outstanding shares of common stock, par value at $0.01666 per share were validly tendered …
Commissioner points to “troubling trends” in electricity generation challenges
Oklahoma Corporation Commission Chair Kim David says there’s a strong reason why she and other regulators recently received recommendations from two major utilities and an electric grid regarding the future of the state’s electricity generation challenges. “Recent load shedding events, or forced power blackouts, in Louisiana, New Mexico and even across the Atlantic in …
Legislature failed again to tighten Oklahoma’s water use monitoring
Despite the efforts of some legislators, the Oklahoma legislature failed to take steps to control commercial groundwater use inthe state. An investigation by The Frontier showed there continues to be water users taking advantage of the lack of legal enforcement on water use, such as reporting how much water they use. The journalism group found …
Iran remains defiant—votes to shut down Strait of Hormuz
Instead of coming to the peace table following the U.S. attack on its nuclear weaponization plants, Iran on Sunday defiantly ordered the closing of the Strait of Hormuz, a shipping channel that is considered vital for at least 20% of the world’s daily oil flows. Sunday’s decision by Iran’s parliament is sure to have …
What Oklahoma regulators should do to handle jump in electricity demands
Oklahoma Corporation Commissioners are being advised by their own Public Utility Division to take certain steps to prepare for an expected flood of demands for increased electricity generation in the coming few years. It’s not a matter of 15 to 20 years down the road but perhaps 3 to 5 years. As Oklahoma confronts …
Mammoth Energy announces sale of fracking equipment
Two of Mammoth Energy Services’ subsidiaries have sold all of the company’s equipment used in its hydraulic fracturing business in a $15 million deal with MGB Manufacturing, LLC. Mammoth reported the sale in a filing with the Securities and Exchange Commission, explaining the sale was by subsidiaries Stingray Pressure Pumping LLC and Mammoth Equipment Leasing …
Energy briefs
** The US announced new sanctions on entities and people securing machinery for Iran’s defense. The move is meant to weaken Iran’s military amid the conflict, and comes as countries warn Iran is close to developing a nuclear weapon after it increased its production of near weapons-grade uranium. ** A team of chemical engineers at …