A U.S. House subcommittee led by Democrats started its investigation this week into the February power outages that hit Texas during the massive winter storm. The hearing on Wednesday turned into more of a debate over the reliability of fossil fuels and renewable energy sources and resulted in little new insight into …
The Petroleum Storage Tank Division’s portion of the Oklahoma Corporation Commission’s website will be unavailable Thursday, Mar. 25, 2021 from 4:30 p.m. to 6:30 p.m. CST. This will allow the state agency that manages our Information Technology services to make necessary maintenance updates. During this time, all applications associated with Petroleum Storage Tank Division on the OCC …
A stronger gasoline demand across the U.S. not only eased concerns about the global economic recovery from the COVID-19 pandemic but also resulted in a surge in crude oil futures one day after prices took a dramatic fall. West Texas Intermediate crude for May delivery jumped up $3.42 to settle at $61.18 a barrel …
Oklahoma City-based Mammoth Energy Services, Inc. announced that its wholly owned subsidiary, 5 Star Electric, LLC (“5 Star”), has been awarded a street lighting upgrade contract by a major Midwest investor owned utility. The five-year contract is expected to generate up to approximately $30 million in revenue over the contract term. “The signing of this agreement is significant …
Public Service Company of Oklahoma is awarding robotics grants totaling more than $22,000 to schools in its service areas across the state. The FIRST (For Inspiration and Recognition of Science and Technology) robotics grants program is a nationwide initiative that supports pre-kindergarten through grade 12 student education with an emphasis on STEM: Science, Technology, …
After reporting a fourth quarter 2020 increase in net income over 2019, Holly Energy Partners, L.P. prepares to release its first quarter 2021 earnings report in May. The Dallas-based company, owner of refineries in Tulsa, Oklahoma and in Kansas, Wyoming and Utah will announce its results for the quarter ending March 31, 2021 on …
Cypress Environmental Partners, L.P. unveiled its fourth quarter financial earnings showing a 59% drop compared to a year earlier and admitted 2020 was the worst year in the company’s history. The financial results for the three months ended Dec. 31, 2020 showed a net loss to common unitholders of $1.9 million while the fourth …
Oklahoma Congressman Frank Lucas says it’s time the U.S. invested more money in basic scientific and technology research if it is to overcome the efforts of China and other countries. He is the ranking member of the House Committee on Science, Space and Technology and introduced legislation this week to double funding for the …
** San Antonio’s municipal electric utility sues 16 natural gas companies over high prices during last month’s winter storm, which in one case included a 15,000% price increase. ** Sens. Marco Rubio (R-Fla.) and Jeff Merkley (D-Ore.) are calling for answers from the Solar Energy Industries Association on the link between the U.S. solar supply chain and the alleged human rights abuses …
Oklahoma City’s Devon Energy was among the major oil companies that met virtually this week with Gina McCarthy, President Biden’s senior domestic climate official who claimed the Biden administration is not at war with the oil and gas industry. The meeting included CEOs and top officials from other companies such as Chevron, Exxon, Occident and …