Baker Hughes reported a drop in earnings for the third quarter from the second quarter showing revenue of $6.9 billion, but it was an increase of 4% from a year earlier. However, the quarterly decline totaled 3%. Its adjusted EBITDA was $1,208 million which was 23% more than the previous year. The firm’s attributable …
The Oklahoma Department of Environmental Quality is reminding school districts of an approaching Nov. 1 deadline for those seeking funds to replace their diesel or gasoline-powered school buses. The Clean Diesel/DERA FY23-24 program will offer at least $331,700 but it could also be as much as $1,305,000 if expected additional federal funding is granted. …
** Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments and questioned an exception issued to the world’s largest oilfield company SLB to operate in the country. ** General Motors will invest $625 million to partner in developing a lithium mine in Nevada that will help …
and q At least 52 members of Congress want expanded sanctions against Russia’s oil trade in a move to reduce the country’s war treasury as it battles Ukraine. They recently wrote a letter to the U.S. Treasury and state department chiefs and raised concerns about oil and gas technology giant SLB, Schlumberger, the …
For a second day this week, crude oil prices recorded gains in the U.S. and globally, largely because traders aren’t very anxious about any ceasefire in the Middle East where Israel is pounding Gaza and southern Lebanon. West Texas Intermediate crude for November delivery finished up $1.53 or 2.2% to settle at $72.09 a barrel …
(WFEC’s Board of Trustees took part in a groundbreaking ceremony, hosted on Oct. 15, in recognition of two combustion turbine units to be constructed at the Anadarko Plant. Board members include (from left) Mike Lebeda, Ronnie Tharp, Ken Autry, Eric Segovia, Clint Pack, Tyson Littau, Chris Mackey, Jean Pence, Brian DeMarcus, Gary Jones, Jeff Willingham, …
Thirteen years after two underground coal fires were discovered near Gallup, New Mexico, they have been finally extinguished. They might have been burning for more than 100 years. The fires had smoldered since 2011 when they were discovered at the separate abandoned mine sites and emitted toxic gases near the Western New Mexico city …
The amount of lithium in southern Arkansas is far, far more than anticipated—so much more that the U.S. Geological Survey believes it has enough lithium to meet the projected 2030 world demand by nine times. The USGS estimates the reserves in the Smackover Formation total up to 19 million tons. “Lithium is a critical …
Public Service Company of Oklahoma is asking for a protective order regarding some of its confidential information provided to state regulators on the firm’s proposed acquisition of the Green Country natural gas operation. PSO announced some weeks ago of its intent to acquire the operation in a $730 million purchase. It also is seeking …
Oklahoma Corporation Commissioners will meet Wednesday. The agenda for the 1:30 p.m. meeting includes: A. Call to order B. Announcement concerning public notice C. Determination of quorum II Approval of minutes of prior meeting(s) III Consideration of and possible vote(s) on proposed or potential orders in cases on the daily signing agenda docket. The …