Fayetteville manufacturer receives $1 million federal grant

  An electronics manufacture firm based in Fayetteville, Arkansas has received a $1.1 million federal grant to develop high-temperature communication electronics for directional drilling. Ozark Integrated Circuits Inc. received the grant from the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy. Talk, Business and Politics, an Arkansas-based website reported it is one of …

Continue reading »

Tulsa “very much in this” to win Tesla truck plant

  As county commissioners in Austin, Texas this week adopted millions in tax breaks to attract a $1.1 billion Tesla truck plant, officials and leaders in Tulsa believe they remain in the race for the decision to be made by Elon Musk. But the Tulsa World reported this week, in the ongoing battle with Austin, …

Continue reading »

Was Elon Musk exposed to COVID-19 when he visited with Oklahoma Governor?

  Oklahoma Governor Kevin Stitt’s testing positive for COVID-19 has raised questions among some about whether Tesla’s Elon Musk might have been exposed during his recent trip to Tulsa. Tulsa is one of two finalists for the company’s new Gigafactory. The other being Austin, Texas. It looked like Texas was the winner after Tesla made a …

Continue reading »

Blueknight Energy Partners declares quarterly distribution

  Quarterly cash distributions have been announced by Tulsa-based Blueknight Energy Partners, L.P. The company’s board of directors declared a cash distribution on the partnership’s common units of 4 cents per unit as well as a cash distribution of $0.17875 per unit on the preferred units. The distributions are for the quarter that ended June …

Continue reading »

Oil prices slipped as OPEC hints at lowering its production cuts

  A day after an OPEC+ committee recommended it lower its production cuts next month, oil futures dropped in Thursday’s trading. But prices remained above the $40 a barrel mark. West Texas Intermediate crude for August dropped 45 cents or 1.1% to settle at $40.75 a barrel in trading on the New York Mercantile Exchange.  …

Continue reading »

Operations launched at new crude oil terminal in South Texas

  Houston-based Buckeye Partners, L.P., a company with more than 6,000 miles of pipeline and owned in part by Phillips 66 Partners LP, announced Thursday that crude oil export operations have begun at South Texas Gateway , a new state-of-the-art terminal constructed to facilitate the supply of North American crude oil to global markets. Loading …

Continue reading »

Democrat leader wants statewide mask policy in Oklahoma

  If Oklahoma House Democrat leader Emily Virgin of Norman gets her way, energy workers statewide will be wearing masks because of the COVID-19 virus. After Arkansas issued a statewide mask policy, she echoed the call, saying it’s what Governor Kevin Stitt should do. “Governor Stitt continues to declare his support for Oklahoma’s economy, while …

Continue reading »

Protect Colorado well on its way to putting two initiatives on the November ballot

  Two ballot petitions, including one to protect natural gas as a consumer choice for new or remodeled homes and businesses in Colorado appear to be way ahead of schedule. Both are pushed by Protect Colorado, an energy-friendly organization.   Initiative 284 would protect natural gas as a consumer choice for new or remodeled homes …

Continue reading »

Judge orders methane and flaring rule reinstated

  A federal judge has reinstated the Obama-era methane venting and flaring rule, after ruling that the Trump administration “engineered a process to ensure a preordained conclusion” to repeal the rule. The Bureau of Land Management’s 2016 regulation established methane leak detection and repair requirements for oil and gas production on federal lands, and in …

Continue reading »

Oil and gas firms targeted for their campaign contributions

  Oklahoma U.S. Sen. Jim Inhofe was among those singled out by SLUDGE, an investigative journalism website for taking campaign money from oil and gas interests and urging the government to give financial relief to those firms. SLUDGE reported that as the economy collapsed in the pandemic, oil and gas companies that have donated over $10 …

Continue reading »