Organizational day for Oklahoma legislators, the ones who will handle important energy issues in the state, will be Tuesday, January 3. The 59th Oklahoma legislature will take the steps to prepare for the first day of session set for Monday, Feb. 6. Beginning at noon, the House will take constitutionally-required actions to seat elected members, …
Category: General
Oklahoma finished 2022 with an increase in oil rig activity
Oklahoma’s oil and gas rig count increased in the last week of 2022 according to the last December report from Baker Hughes. The company showed the state’s number of rigs grew by one to a total of 69. The count compared to 49 rigs recorded a year earlier. Nationally, the rig count was unchanged …
Latest WOTUS decision leaves Rep. Lucas disappointed
Oklahoma Congressman Frank Lucas lit into the EPA and the Army Corps of Engineers after the two agencies in the Biden administration revised their definition of the controversial WOTUS rules. “I am extremely discouraged by the EPA’s actions regulating wetlands and waters in a manner inconsistent with the Clean Water Act,” said Congressman Frank …
Headlines
** A federal utility’s decision to resort to rolling blackouts after coal and natural gas units went offline during dangerously cold conditions has intensified questions about the Tennessee Valley Authority’s recent decision to double down on fossil fuels. ** The big question going into 2023 is how clean energy’s tailwinds — federal tax credits and …
New Mexico and Texas wind farms sold by EDF Renewables to Canadian company
EDF Renewables North America announced it has sold majority ownership of five wind farms in Texas and New Mexico. Canadian-based Boralex acquired EDF Renewables’ 50-percent ownership in the projects totaling 447 megawatts. EDF Renewables put into service all five projects totaling 894 MW with commissioning dates between 2014 and 2015. The sale of assets …
LSB Industries suffers millions of dollars in losses over extreme December cold weather
LSB Industries is recovering after the late December cold weather forced the firm to shut down its operations in El Dorado, Arkansas and Cherokee, Alabama. The shutdown will mean millions of dollars in quarterly revenue losses. The company said its El Dorado facility is back in service while repairs are underway at Cherokee. The …
Helmerich and Payne execs to be busy with January conferences
Helmerich & Payne leaders will take part in two conferences this month in an attempt to attract more investors. John Lindsay, President and Chief Executive Officer will be joined by Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of …
Oil spill in Corpus Christi Bay
A weekend oil spill in Corpus Christi Bay was larger than originally estimated. The crude oil spill came as a result of a pipe failure at the Flinlt Hills Resources Ingleside terminal reported the Corpus Christi Caller-Times. Click here for Corpus Christi Caller-Times
Cold weather saps Tesla battery—leaves couple upset
A man and his sister who rented a Tesla on a drive from Florida to Wichita, Kansas say the cold weather sapped their battery so much that they had to stop six times in one day to charge it. The incident raises questions about the ability of electric vehicles to withstand extreme weather according …
Oklahoma Turnpike Authority to pick up pieces and start all over
The Oklahoma Turnpike Authority will meet Tuesday with intentions of resuming work on the $5 billion toll road expansion that brought a lawsuit and a judge’s decision which said the agency violated the state’s Open Meetings Act. After taking a step back, the OTA on Tuesday will reportedly approve nearly $133 million in engineering …