When PHX Minerals Inc. based in Fort Worth, Texas announced its second quarter results in August, it pointed to quarter over quarter increased production from its asset base. Now the company investors wait to learn if it continued as the firm prepares to release its latest quarterly results on Wednesday, Nov. 6. The …
Some Oklahoma legislators indicated this week they’re not giving up on making improvements to Oklahoma’s anti-ESG law—the one temporarily suspended while the state appeals a district Judge’s ruling. The Oklahoma Energy Discrimination Elimination Act, adopted in 2022, was the focus of a Wednesday interim study by some legislators. The Oklahoma Watch covered the event. …
** Striking Boeing machinists rejected a proposed contract that would have ended a costly 41-day work stoppage. The machinists, represented by the International Association of Machinists and Aerospace Workers (IAM), turned down a deal that includes a 35 percent wage increase over the next four years, a $7,000 ratification bonus and improved retirement offerings. ** Nearly 80 …
A restart of its nuclear power plant in Iowa? It’s what NextEra Energy is considering. Known for its wind and solar operations, the company is exploring a possible restart of a nuclear power plant it once operated in the state. The company started talks with the Nuclear Regulatory Commission because of the jump in …
Even though she’s facing a tough re-election campaign, Colorado Congresswoman Lauren Boebert is using her time in the U.S. House to continue attacks on the Biden-Harris administration. Her latest? Going after the government for plans to protect what she calls an “ugly” animinal in Colorado—the Gunnison sage-grouse, a bird designated as “threatened” under the …
What’s the topic of the latest Mitchell Talks Energy with Jerry Bohnen? How about the lawsuit filed against the State Treasurer where he and his Chief of Staff are accused of withholding information in an Open Records request? The request focused on information sought concerning the Oklahoma Energy Discrimination Elimination Act.
After two consecutive day of price gains, crude oil dropped Wednesday, largely due to an increase in U.S. crude inventories. The increase was more than expected as refining activity rebounded, according to Reuters. West Texas Intermediate crude fell 97 cents or 1.35% to $70.77 a barrel on the New York Mercantile Exchange. Brent crude finished …
The nation’s crude oil stocks recorded a gain of more than 5 million barrels of oil in the past week, according to an announcement by the U.S. Energy Information Administration. The total storage soared from 420.5 million barrels recorded on Oct. 11 to 426 million barrels as of Oct. 18, a gain of 5.5 …
The Kiamichi River in Southeast Oklahoma is drawing more attention in the legislature—especially in light of the hydroelectric power project proposed by a Texas firm. Reps. Eddy Dempsey, R-Valliant, and Justin Humphrey, R-Lane, will hold an interim study next week on the Kiamichi River in Southeast Oklahoma before the House and Natural Resources Committee. Humphrey …
When NextEra Energy’s president said the third quarter revenues were strong, he wasn’t kidding. With Oklahoma wind farm operations adding to its revenue, NextEra Energy, Inc. reported third quarter net income of $1,852 billion or 90 cents a share….up from the $1.219 billion and 60 cents a share reported in the third quarter of …
