Interior Secretary Deb Haaland faced something of an intense grilling recently in a congressional hearing. It occurred during a hearing of the House Natural Resources Committee. Wyoming GOP Congresswoman Harriet Hageman put Haaland on the spot with a question about “energy poverty,” to which Haaland replied she didn’t understand the term. The exchange led …
NextEra Energy beats 1Q estimates with more than $1 billion in net income
NextEra Energy, the company with a major investment in wind farms in Oklahoma, had another profitable quarter as it reported net income of $1.1 billion. The Florida-based company has 15 operational wind centers in the state with a $5 billion investment. In the first quarter of 2023, the company’s revenue rose to $6.72 billion …
Right of First Refusal debate grows in other states
The debate over an effort in the Oklahoma legislature to expand the state’s Right of First Refusal law grew to a whimper last month when one of two remaining bills was amended and stronger ROFR rights were removed. Still, Oklahoma has a ROFR law and is one of 11 states with such an act. …
Siemens opens EV charger plant in Dallas suburb
Carrollton, Texas, a north Dallas suburb is the home of a new Siemens manufacturing plant where electric vehicle chargers will be built. The German-based company, one with wind manufacturing operations in Hutchinson, Kansas and in Iowa, said the plant is the company’s second U.S. manufacturing facility for EV chargers reported WFAA TV in Dallas. …
Enel confirms Oklahoma is its top candidate for solar panel factory
Confirmation that Oklahoma is the leading candidate for a major U.S. solar panel and cell factory came this week from Italian utility Enel SpA. The company issued a statement about the plant that will be one of the largest to produce solar cells in the U.S. “We have identified Oklahoma as the leading candidate …
Other energy headlines
** An explosion and fire at the Seneca Petroleum petroleum refinery in suburban Chicago killed one person and injured a second Tuesday morning, authorities said. ** Sen. Joe Manchin, D-W.Va., says he would support the repeal of a sweeping bill he negotiated with Senate Majority Leader Chuck Schumer, D-N.Y., last year that includes major climate, health and …
Mitchell Talks Energy
This week on “Mitchell Talks Energy,” Scott Mitchell and OK Energy Today’s Jerry Bohnen discuss the politics of energy. Specifically, they discuss the divide between the Biden Administration and environmentalists over policies designed to support European allies with LNG exports.
Annual stockholders meeting set for June 7 by Mammoth Energy
Mammoth Energy Services plans to hold its annual meeting of stockholders June 7 in Oklahoma City. The 9 a.m. Central Time meeting will be held in Suite 300 at 14201 Caliber Drive. The agenda calls for the election of board of directors members including Arthur Amron,, Corey Booker, Paul Jacobi, James Palm, Arthur Smith …
Chesapeake Energy to result 1Q results May 2
Chesapeake Energy Corporation will release its first quarter financial results in early May. They will be made known after the close of markets on Tuesday, May 2 and a conference call will be held the next day, Wednesday May 3 and 8 a.m. Central Time where executive leadership will discuss the results. Chesapeake is …
Crude oil prices and OK energy stocks suffered losses in Tuesday’s trading
Crude oil prices suffered a 2 fall on Monday and Oklahoma energy stocks fell as well. You can blame those nagging concern about the possibilities of an economic slowdown and a stronger dollar. West Texas Intermediate crude dropped 2.2% on a $1.69 a barrel fall to $77.07 on the New York Mercantile Exchange. Global benchmark …