Wheels are in fast motion for Hamm’s Continental Resources takeover

  Soon, Continental Resources will be totally in the hands of billionaire founder Harold Hamm and his family. The Oklahoma City-based oil and gas company that he founded in the late 1960s will be private and no longer traded publicly. On Monday, it was formally announced that Omega Acquisition, the newest company founded by Hamm …

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Eastern Colorado residents worry about wind farms

  Concern is growing in Eastern Colorado about the maintenance and cleanup of aging wind farms that have proliferated in the past few decades. Some counties are following what others are doing across the country—creating their own rules in the absence of state regulations according to a report by the Colorado Sun.   Click here …

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New Mexico makes way for more public land wind farms

  The state of New Mexico announced the results of two large public land lease sales for construction of wind farms. Pattern Energy won both bids for a total of 15,000 acres offered by the New Mexico State Land Office. The Carlsbad Current-Argus reported one lease was for 2,318 acres in Lincoln County while the …

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Other headlines of energy stories

** The Biden administration is ready to sell additional volumes of crude oil from the strategic petroleum reserve after the end of the 180-million-barrel release plan and then it would begin replenishing the SPR once prices fall to $67-$72 per barrel. ** President Joe Biden’s top energy adviser said the oil output cut by Saudi Arabia …

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Waiting on funding of hydrogen hubs

  Oklahoma, Louisiana and Arkansas await a decision by the federal government to hand out $7 billion from last year’s bipartisan infrastructure law that could fund up to 10 regional clean hydrogen hubs. The three states announced their agreement in March to create a bipartisan three-state partnership to create a regional hub for the development, production and …

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Might be more oil releases by Biden administration

  The President’s latest release of 15 million more barrels of oil from the nation’s Strategic Petroleum Reserve might not be the last. If that’s so, any future releases will surely draw more criticism from some Oklahoma congressmen who accused the President of staging a political stunt just before mid-term elections. Interviewed Sunday on CBS’s  …

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STEM night at Weatherford High School

    Weatherford will be the site of the OERB’s latest effort to encourage high school students to invest in science, technology, engineering and math. A Community STEM Night at the Weatherford High School will be held Tuesday, Nov. 1 from 4 p.m. to 7 p.m. Teachers, students, and parents are encouraged to come and …

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Federal Reserve Bank finds cooling labor demand in Midwest

  U.S. labor demand—measured by job openings or vacancies—has started to cool but is still elevated compared with pre-pandemic levels. It’s the assessment of a new study released by the Kansas City Federal Reserve Bank, a district that includes Oklahoma. The study indicated the weakness in the labor supply area might persist as it reflects …

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Schlumberger announces name change

  Whether it means changes in the company signs in Oklahoma City and other locations across the state, but Schlumberger is no longer Schlumberger. The Houston-and Paris-based company announced Monday it changed its name to SLB and also rebranded itself as a technology firm going after more clean-energy space work. The new name of the …

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Groups join forces to fight carbon capture pipelines

  Carbon pipeline projects in the Midwest are being opposed by such groups as Bold Alliance, the same Nebraska-based organization that led opposition to the Keystone XL pipeline. Bold Alliance joined the Sierra Club as among the most prominent anti-pipeline groups fighting the carbon projects in Iowa and a handful of other Midwest states reported …

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