Author's posts
Norman’s Bergey Wind Power Company awarded US Energy Department funding
Bergey Wind Power Company of Norman, Oklahoma is among a dozen firms named as recipients of part of more than $3 million in federal government funding to advance distributed wind turbine technology. Bergey Wind will receive an award of $500,000 to implement advanced blade manufacturing processes to help meeting growing demand and reduce costs. …
More groups join fight against carbon capture pipeline system in Iowa
More groups, not just environmentalists, are stepping up in opposition to the approval by Iowa regulators for a large carbon dioxide pipeline system in their state. The Iowa Capital Dispatch reports at least eight requests were filed in the past week with the Iowa Utilities Commission asking it to reconsider the approval for Summit …
Will 2Q earnings beat 1Q report for Williams?
After increased earnings and production in the first quarter of the year, Williams Cos. will release details in a few weeks how operations fared in the second quarter. The Tulsa-based company plans to release its second-quarter 2024 financial results after the market closes on Monday, August 5. A day later, executives will lead a …
Chesapeake’s 2Q earnings report to be released July 29
At the end of the month, investors in Oklahoma City’s Chesapeake Energy Corporation will learn just how well the energy firm performed in the second quarter of the year…this while the company waits on federal approval of its merger with Southwestern Energy. Chesapeake plans a release of the operational and financial results after the …
Will Vital Energy continue with record oil production in the 2Q?
Second quarter earnings will be released by Tulsa-based Vital Energy, Inc. in early August and investors are no doubt anxious to see if the firm continued with its record oil production in the Permian Basin. The independent energy company plans to issue the second-quarter financial and operating results after the market closes on Wednesday, August …
Permian Basin adds billions of dollars to the economy
All of the exploration and production by such Oklahoma energy companies such as Devon Energy and Vital Energy in the Permian Basin added to turning the giant shale play into an economic powerhouse for Texas and New Mexico. The Odessa American reported an Economic Report from the Permian Strategic Partnership (PSP) highlighted the region’s …
Journalists call for government intervention to stop Permian Basin pollution
While a new economic report shows how the oil and gas production in the Permian Basin is adding billions of dollars to the ecocnomy in Texas, New Mexico and the US, two journalists want a massive cut in energy production—-all in the name of reducing methane gas emissions. They also say the government should …
Energy briefs
** The U.S. Environmental Protection Agency announced a settlement with Hi-Noon Petroleum Inc. resolving alleged Clean Water Act violations involving a gasoline discharge into Grayling Creek in Yellowstone National Park, Wyoming. The company will pay $20,000 and finish a $45,000 supplemental environmental project after the August 2022 incident. ** Offshore wind developers have sent teams to …
Musk wipes his hands of California—moving SpaceX to Texas
Another loss for California Gov. Gavin Newsome is another gain for Texas. Billionaire Elon Musk, the man who moved his Tesla manufacturing plant to Austin, announced he is moving his SpaceX headquarters and his social media company X to Texas. SpaceX was headquartered in Hawthorne, California and is being oved to its rocket launch …
Threats from angry residents are made to power crews in Houston—not so for OGE workers
Houston’s prolonged power outages following Hurricane Beryl resulted in power crews being threatened, pelted with rocks and had guns pulled on them. Police escorts are necessary for some crews, but such is not the case for the 105 Oklahoma Gas and Electric workers helping CenterPoint Energy with power restoration. The Associated Press reported the …