East of Temple, Texas and northeast of Austin, farmers have become outspoken against the growth of solar farm development. One such farm near the town of Burlington in Milam County will take up 7,000 acres of land. KWTX reported that not everyone supports the growth. Click here for KWTX report.
After announcing the sale of its Oklahoma and Arkansas gas operations, CenterPoint Energy, Inc. said its first quarter income available to common shareholders was $334 million or 56 cents a diluted share, a big improvement over a year earlier when the company suffered a loss of $1.2 billion. On a non-GAAP basis, first quarter …
The severe winter weather that hit Oklahoma in February ended up affecting financial operations of wind-farm operator ALLETE Clean Energy. The Duluth, Minnesota-based company with wind farm operations near Ardmore and Anadarko reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million. Last year’s results were $1.28 per share …
Kansas utility Evergy, Inc. announced its first quarter 2021 earnings were $192 million or 84 cents a share. The total was nearly three times the $69 million and 31 cents a share for the first quarter a year earlier. The harsh February winter storm was credited for the large jump in earnings. The company …
Intel Corp. announced this week a $3.5 billion plan to modernize its Rio Rancho plant near Albuquerque, New Mexico where the California-based firm carries out next-generation advanced semiconductor technology research and manufacturing. Three members of New Mexico’s congressional delegation and Gov. Michelle Lujan Grisham were on hand as Intel announced 700 jobs should be added …
Crude oil prices split in Wednesday’s trading as they fell in the US but rose in Europe. As a result, Oklahoma energy stocks were mixed in trading. West Texas Intermediate crude for June delivery, considered the US benchmark fell 6 cents to $65.63 a barrel in trading on the New York Mercantile Exchange. Global …
Oklahoma Gov. Kevin Stitt has signed legislation to address long-term transportation infrastructure funding aimed at Electric Vehicles and hybrids. House Bill 1712, authored by Rep. Brian Hill, R-Mustang, creates a Road User Charge Task Force to study methods that may be used to record and report public road usage, specifically for electric vehicles …
Texas Gov. Greg Abbott is expected to sign a bill similar to one already adopted by Oklahoma that bars cities from banning natural gas hookups in buildings. The Texas state Senate approved House Bill 17 on Tuesday and sent it to the governor. Gov. Abbott supported the measure along with the natural gas industry. …
An Austin, Texas company developing sustainable lithium extraction methods and solid-state battery energy storage systems for electric vehicles has received $20 million in financing commitments. EnergyX announced this week the funds will be used for technology development and the use of lithium, a metallic component key to electric batteries. Click here for Austin American-Statesman …
The Oklahoma Transportation Commission dealt with some political accusations this week and voted down an effort to keep the Department of Transportation’s 8-year Work Plan in place. The McCarville Report says the vote was against an effort by Transportation Commissioner T. W. Shannon. Click here for McCarville Report.
