Cheniere Energy, Inc., the Houston-based company that is well known for its natural gas transmission operations in Oklahoma’s STACK play, has announced a long-term liquefied natural gas sale and purchase agreement with Korea Southern Power Co. Ltd. The sale involves Cheniere’s subsidiary, Cheniere Marketing International LLLP. Under the agreement, the Korean company will acquire 0.4 …
Worth repeating from Axios Generate…..a report indicating that despite current lower oil prices in the US and the world, we can expect tighter markets and increased global demand in the second half of 2023. Here is how Axios reported the prediction of the International Energy Agency on Tuesday: “The global oil market is slated to …
Canoo, the EV maker with plans for manufacturing plants in Oklahoma City and Pryor, admitted this week it lost nearly $91 million in the first quarter of the year. But the company also continued with its pledge to build 20,000 cars by the end of this year. Canoo reported a GAAP net loss and …
Later this year Texas will begin charging extra registration fees for electric vehicles in lieu of motor fuel taxes that support the construction and maintenance of highways in the Lone Star State. The Texas Legislature passed and Gov. Greg Abbott signed Senate Bill 505, which will impose an annual $200 fee for the …
Truckers are reaching out to offer thanks to Oklahoma Congressman Josh Brecheen for his recent introduction of a bill to stop the government from limiting the speeds of their big rigs. Members of the CDL Drivers Unlimited, Inc. offered their appreciation for his introduction of H.R.3039, the Deregulating Restrictions on Interstate Vehicles and Eighteen-Wheelers …
An $11 billion program by the Biden administration to fund electrification of rural America is being described as the biggest such effort since FDR signed the Rural Electrification Act in 1936 as part of his administration’s New Deal. The funding to electrify and at the same time decarbonize rural parts of the U.S. would …
Several Texas solar developers say they’ll consider shifting their operations elsewhere if state lawmakers pass legislation enforcing new permitting restrictions and fines on solar and wind projects. The utility-scale solar and wind market was dealt a blow to the head when a Texas senate group voted 21-9 in favor of SB 624, a state bill which …
The Biden administration is working hard to deflect criticism from Republicans, ranchers and the oil and gas industry who contend a proposal to allow conservationists and others to lease federally owned land to restore it is just another way of excluding oil drilling and livestock grazing. Under the plan, the same leases that can …
Oklahoma Congresswoman Stephanie Bice joined a handful of others others in the House this week in a bipartisan move to allow corn-based ethanol to qualify as an “advanced biofuel”, an effort to boost the gasoline additive’s green credentials. Bice joined another Republican in the House, Rep. Mariannette Miller-Meeks of Iowa along with two Democrats, …
New government reports show slight increases in oil and gas production in the Anadarko Basin and other producing regions of the U.S. Information from the U.S. Energy Information Administration indicated new well oil production in the Anadarko went from 665 barrels a day on average in May and is expected to increase to 666 …
