One of the two men charged with fraud in a northwest Arkansas wind farm scam testified this week the lies he told were not intentional. The claim came from Jody Davis, CEO of the company who according to the Northwest Arkansas Democrat Gazette tried to shift blame to others for bilking investors out of hundreds …
Energy Transfer to get more electricity from Texas solar projects
Dallas-based Energy Transfer has announced its commitment to buy 120 MW of energy from a 200 MW solar plant planned for construction in Texas next year. The midstream oil and gas company announced it signed a 15-year Power Purchase Agreement with San Francisco-based SB Energy for 120 megawatts of electricity from its Eiffel Solar project in northeast Texas. …
Crude prices remained steady after OPEC+ decision
US benchmark crude oil prices rose slightly while the global benchmark Brent crude slipped in Wednesday’s trading after OPEC and allies agreed to stay with their existing crude oil production increases. It left analysts saying prices finished the day “steady.” West Texas Intermediate crude rose 9 cents before finishing the day at $68.59 a barrel. …
Phillips 66 contributes $500,000 to American Red Cross for Hurricane Ida relief efforts
A half-million dollar donation was made this week by Phillips 66 to the American Red Cross to help relief efforts with Hurricane Ida recovery. “We stand with our many employees, friends and neighbors across southeastern Louisiana,” said Phillips 66 Chairman and CEO Greg Garland. “We know it’s going to take the combined efforts of …
Majority of court-ordered oil and gas leases to be in Wyoming
Still more details are emerging over the Biden administration’s compliance with a federal judge’s ruling to end the government pause on oil and gas leasing, some of the latest includes the possibility that nearly 700,000 acres in Western states will be open for lease. An estimated 568,000 acres in Wyoming are included and environmentalists …
Energy news in brief
** OPEC +’s current production agreement will stay in place per an announcement the group made on Wednesday. It will maintain the 400K bbl/day hike scheduled for October. Reports stated the group took less than an hour to make the announcement. ** A federal court declines to hear Republican-led states’ challenge to the Biden administration’s plans to account …
Federal funding to help improve Lawton-Fort Sill airport
The Lawton-Fort Sill Regional Airport is receiving $3 million in multi-year funding from the U.S. Department of Transportation for improvements in its existing terminal. Rep. Tom Cole announced the funding which will allow improvements in the movement of passengers in the existing terminal building by reconstructing the passenger hold room, ticketing lobby and exit corridor. …
Rep. Mullin confirms he helped with secret Afghanistan rescues
Oklahoma Congressman Markwayne Mullin, a Republican House member who usually has a lot to say about energy policies because of his position on the House Energy and Commerce Committee was among those who voluntarily and secretly helped carry out rescue missions this week in Afghanistan. Fox News reported Wednesday that Mullin finally confirmed he …
Prosecutors rest in Arkansas wind farm scam trial
Arkansas prosecutors rested this week after presenting their case against two men charged with defrauding investors in a failed wind farm deal. The Northwest Arkansas Democrat-Gazette reported prosecutors showed how money moved through bank accounts and was ultimately spent by Jody Davis and Phillip Vincent Rirdings. Click here for Northwest Arkansas Democrat-Gazette.
Texas gets another solar farm
The growing number of solar farms in Texas increased this week with the completion of a project near Lubbock by Signal Energy, a firm based in Chattanooga, Tennessee. Its 418 megawatt Juno Solar project is now producing enough renewable energy to power the equivalent of 40,000 homes announced the company. “Building solar projects of …
