Arkansas is getting a new major solar power park, one that will supply sun power to schools, the city of Springdale and OzarksGo LLC. The park is the result of a partnership between Ozarks Electric Cooperative of Fayetteville and Today’s Power Inc of North Little Rock. Arkansas Business reported that Today’s Power, a wholly owned …
The Houston Ship Channel will be expanded under the 2020 Water Resources Development Act passed this week by Congress. Ranked as the #1 U.S. Port the channel is the busiest waterway in the nation average 50 deep-draft vessel transits a day. “Today’s announcement is BIG. The authorization to widen and deepen the Houston Ship …
** Published reports indicate China is facing power cuts because of its ban on Australian coal. Local authorities reportedly cannot keep street lights on and factories have been forced to close. ** Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following …
Get used to seeing “NOV Inc.” instead of National Oilwell Varco, Inc. for the Texas based company that is also well known for its Oklahoma explorations. The company announced this week it is formally changing its corporate name to NOV Inc and the move will be effective Jan. 1, 2020. But its ticker symbol, …
ConocoPhillips announced another new oil discovery of between 75 million and 200 million barrels of recoverable oil equivalent in the Norwegian Sea. “This discovery marks our fourth successful exploration well on the Norwegian Continental Shelf in the last 16 months,” said Matt Fox, executive vice president and chief operating officer. He said the …
When it comes to oil and gas, most Oklahomans and likely those of other energy-producing states commonly think of oil and not natural gas production. But an article this week by Insider Monkey, the investment website pointed out that many states, including Oklahoma are also high producers of natural gas. The website listed the …
Wichita, Kansas wasn’t the only place shaken by weekend earthquakes. So was western Colorado on Saturday night and the several quakes were strong enough to be felt by residents near the town of Nucla. Around 7 o’clock Saturday night, a quake measuring 3.3 magnitude struck and rattled the nearly 700 residents in the small …
Word of spreading lockdowns by states and countries to prevent the growing spread of COVID-19 caused traders to back off investment in crude oil futures as prices fell. Oil prices fell more than 2% on news of a new coronavirus strain that forced government leaders in effect to cancel Christmas in much of Britain. …
The EPA and the New Mexico Environment Department say recent helicopter flyovers of the Permian and San Juan Basins documented higher-than-expected emissions and leak rates from oil and gas equipment. The helicopters used forward-looking infrared technology to determine the emissions trends in the oil and gas operations. The FLIR technology makes emissions from the …
The city of Stillwater has apparently decided the former Boomer Lake power station shut down in 2017 won’t be demolished and instead will become the site of a multi-million dollar project to transform it into a restaurant, retail stores and beach. The Tulsa World reported that the developer Lakeview Landing LLC will get …