Ever since making its first contract to buy wind power from a wind farm in Oklahoma in 2012, Google has been adding to its contracts nationally for renewable energy sources.The latest is a deal to buy 140 megawatts of solar power from the Texas operation of Candela Renewables. Candela’s independent utility-scale solar power project …
Stakeholder webinar on the Illinois River Watershed
A webinar showing the ongoing work by Oklahoma to improve high phosphorus levels in the state’s Illinois River caused largely because of chicken farming in eastern Oklahoma will be held this week. The Oklahoma Water Resources Board will present the first of three webinars on Tuesday, Sept. 8. “This webinar will inform stakeholders and …
Virtual meeting issues dealt with by Oklahoma Corporation Commission
An electric power outage and the resulting shutdown of air conditioning at the Oklahoma Corporation Commission’s Jim Thorpe building this past week led to issues with the agency’s ability to carry out virtual meetings. Users were alerted Thursday morning prior to the commission’s regular meeting. “The computer servers are warmer than they’re supposed to …
Liberty Oilfield leaders hope to one day become nation’s top fracking firm
Liberty Oilfield Services Inc., which will become North America’s second-biggest fracking provider with the acquisition of a Schlumberger unit, expects to one day topple Halliburton Co. from the No. 1 spot. “Customer demand has told us to grow at this pace, and then deals like this come to us,” Liberty Chief Executive Officer Chris …
A post-Labor Day problem for refineries
The COVID-19 pandemic has left U.S. refineries with a problem. What to do with growing supplies of diesel fuel, a byproduct of refining oil for gasoline. Reports suggest that some refineries aren’t eager to reopen and resume production of gasoline after Hurricane Laura hit the Gulf Coast states last week. Demand for gasoline is …
What Schlumberger’s Fracking Exit Says About the Future of U.S. Oil
Schlumberger’s decision to sell its fracking unit is indicative of what has happened to the U.S. oil and gas industry because of the COVID-19 pandemic. The move to eliminate the company’s hydraulic fracturing unit in North America and combine it with public company Liberty Oilfield Services in Denver leaves fewer than 100 fracking operations …
Trump critics don’t think he should help oil and gas during COVID-19 pandemic
While the federal government has given COVID-19 pandemic aid to many businesses and industries, its move to assist the oil and gas industry gets a different take from observers and some journalists. Their take is that the Trump administration is cozy with oil and gas and while allowing the industry to pay lower prices …
Tough trading Thursday for most Oklahoma energy operators
Oil prices dropped Thursday and so did the value of most energy companies with operations based in Oklahoma or in its shale plays. But surprisingly, Panhandle Oil and Gas gained 22 cents or 12.87% to reach $1.93 and Chesapeake Energy saw an 8% increase or 38 cents more a share to settle at $5.08. Alliance …
Oil prices fall, with Brent at lowest finish since July
Oil futures declined on Thursday, with prices for the global Brent crude benchmark marking their lowest settlement since July as concerns remained over the outlook for demand. Oil prices saw even steeper losses early Thursday as the U.S. stock market sold off sharply on the heels of a tech selloff. West Texas Intermediate crude for October …
Feds close door on new environmental study for Los Alamos National Lab
The U.S. Department of Energy won’t conduct a new sitewide environmental review of Los Alamos National Laboratory as it gears up to produce 30 nuclear warhead triggers by 2026, a decision that has irked critics who say the agency is pushing through plans without assessing possible problems at the site. The National Nuclear Security …