The discovery of a methane cloud over the Permian Basin by Bloomberg News, which tracks emissions of the gas through satellites, is being investigated by New Mexico environmental authorities. Bloomberg reported the gas is spewing from an APA Corp. oil and gas operation and when informed of the cloud, APA, formerly known as Apache, …
Category: General
Power company offers scholarships to Kiowa High School seniors
Kiowa Power Partners, LLC, owner of Tenaska Kiamichi Generating Station near Kiowa is sponsoring $17,500 in academic scholarships for college-bound Kiowa High School seniors again this year. Tenaska, one of the leading independent power producers in the United States, manages scholarship programs in communities where its generating facilities are located. To date, more than …
ESG bill worries Nebraska bankers
Bankers in Nebraska aren’t so willing to jump on the bandwagon to stop the State Treasurer from using state funds for “social and political” goals. They’re telling legislators the proposed law is too vague and meddles in banking decisions reported the Nebraska Examiner. Click here for Nebraska Examiner
Wrong EV for Biden’s tax credit push
You’d think the White House staff would do a little fact-checking before putting President Biden in front of an expensive EV and saying it would qualify for a tax credit. Biden’s latest gaffe occurred Monday on Twitter where he tried to promote his electric vehicle tax credit. But it turned out he was wrong …
Williams to release 4Q earnings in February
Investors in Tulsa-based Williams Cos. await a fourth-quarter earnings report that will show whether or not the company accomplished the same kind of 15% growth it did in in the third quarter. The company plans to release its fourth-quarter and full-year 2022 financial results on Monday, Feb. 20,2023. Management will also host a 2023 …
House committee chaired by Rep. Lucas approves bipartisan bills
Two bipartisan bills were approved by the House Science, Space, and Technology Committee led by Oklahoma Republican Rep. Frank Lucas who praised the action. Joining him in commenting after passage was Ranking Member Zoe Lofgren, a California Democrat. Passed by the committee were the H.R. 290, the Commercial Remote Sensing Amendment Act and H.R. 342, the …
Canadian firm drills geothermal well in New Mexico
While University of Oklahoma scientists carry out geothermal tests near Tuttle, a Canadian firm recently drilled an 18,000 foot well bore in southwest New Mexico to do the same. The well drilled by Eavor Inc. turned out to be the deepest hole ever drilled in New Mexico in a move to tap geothermal …
Corporation Commission to consider regulator’s questions about utility bills
When Oklahoma Corporation Commissioners hold a special meeting on Wednesday, they’ll be asked again to take up Commissioner Bob Anthony’s repeated questions about utility costs that have lead to increased consumer bills. The agenda for the 1:30 p.m. meeting includes the same questions Commissioner Anthony attempted to have answered at last week’s fuel cost …
Helmerich and Payne sees improved earnings and growth
Tulsa’s Helmerich & Payne reported first quarter earnings of $97 million or 91 cents a diluted share from operating revenues of $720 million, increase from the $46 million and 42 cents a diluted share from the quarter ended Sept. 30, 2022. The firm’s moving ahead with growing operations in the Middle East, Argentina and …
Headlines
** Exxon Mobil Corp. reported $56 billion in profit for 2022, smashing a company record set in 2008 when the company reported net earnings of $45.2 billion. For the fourth quarter of 2022, the oil major reported a profit of $14 billion excluding charges. ** Political debate grows over the dead whales washing ashore in …