Oklahoma U.S. Sen. Markwayne Mullin says it’s clear, Oklahoma is open for business. It’s what he highlighted this week which was set aside as National Manufacturing Week, pointing to the growth of small businesses, stakeholders and manufacturers, all 4,200 of them. He credited a few things for the state’s successful manufacturing sector, including the …
Oil and gas made Harold Hamm a billionaire. It is why he still on the list of the Forbes 400, the list of the nation’s wealthiese people. Forbes came out with the list this week and ranked the 77-year old leader and founder of Continental Resources as number 30 on the list of 400. …
The Oklahoma Supreme Court upheld a lower court judge’s ruling in favor of the Oklahoma Water Resources Board in a legal fight over a project by Oklahoma City to divert stream water from the Kiamichi River and Sardis Lake in Pushmataha County. As OK Energy Today a few years ago, the reported case involved …
Canoo Technologies announced this week that it has entered into a purchase agreement with a foreign strategic institutional investor, for an investment of $45 million. Canoo and the investor, described as an unnamed foreign strategic institutional investor, agreed to work together in good faith to negotiate one or more additional investments for up to …
The U.S. government reported Wednesday the nation saw an increase in exported natural gas in the first half of 2023 compared to the same period of any previous year. Undoubtedly, some of that natural gas came from Oklahoma and other oil and gas producing states. The U.S. Energy Information Administration stated natural gas exports …
When it comes to businesses being considered trustworthy, a new Newsweek and Statista survey found there is very little trust in U.S. energy companies, and certainly none in Oklahoma firms. However, the survey involved firms that had more than $500 million in annual revenue, so it didn’t apply to some U.S. and Oklahoma energy …
Imagine three wells on a single pad producing more than 5,000 barrels of oil a day. It’s what Ovintiv did earlier this spring in completing three Canadian County wells, each producing from 1,400 barrels to nearly 2,000 barrels a day. The Jorge wells are located at 7 14N 7W in Canadian county and at …
** A new directive that the Biden Administration quietly issued in September 2023 will accelerate the shift from the government buying fossil fuel vehicles to electric vehicles. The administration directed U.S. agencies to begin considering the social cost of greenhouse gases when making purchase decisions and implementing their budgets. ** U.S. Treasury Secretary Janet Yellen said on Tuesday the United …
A dozen Democrats in Congress want President Biden to stop approval of any new carbon dioxide pipelines in the nation until updated federal safety regulations are finished. They’re targeting some of the carbon capture and storage projects underway in Iowa, North Dakota and a few other states. But those projects also face opposition by …
Crude oil prices and Oklahoma energy stocks recorded weak gains in Tuesday’s trading that left U.S. oil prices still just less than $90 a barrel. Both US and overseas crude oil prices rose slightly higher but still felt the pressure from a stronger U.S. dollar and what Reuters described as “darkening global economic signals.” U.S. …
