While crude oil prices fell 2% to a near four-year low on Monday over President Donald Trump’s latest trade tariffs, the pain suffered last week by Oklahoma energy stocks eased somewhat. While NGL Energy Partners still suffered a 13% drop in the value of its shares, Mammoth Energy saw its stocks soar more …
One of the nation’s two oil plays that saw increases in drilling activity in the past week was in Oklahoma. The Granite Wash rig count grew by one to reach a total of 11 rigs. The play is described by the American Association of Petroleum Geologists as a liquids-rich tight sands play about 160 …
An Oklahoma man is grabbing headlines over the extent he went to in order to get a Chinese electric car even though the cars are not sold in the U.S. A recent article by WIRED indicated John Karlin drove eight hours from Oklahoma City to Freeport, Texas to lay his hands on …
The leader of the Southwest Power Pool grid is worried about the ability of the grid to meet the growing electricity demand and in a recent event said he anticipates a decline in excess power in the new few years. The comments are those of Lanny Nickell, SPP President CEO of the grid that …
One energy company that anticipates benefits from President Trump’s controversial worldwide tariffs is a solar firm based in Austin, Texas. T1 Energy Inc. came out and said it supports the tariffs, explaining they align with the company’s strategy to establish a vertically integrated U.S. solar plus storage supply chain. With T1’s operating 5 GW …
Another oil and gas exploration company has completed the sale of its assets in one part of Texas so it can devote more efforts in the Permian Basin in West Texas. Matador Resources Company, Dallas, announced recently the sale of its remaining Eagle Ford shale position in South Texas and provided an update on …
The second quarter earnings report for Helmerich & Payne will be made public on Thursday, May 8 and investors are wondering if the company’s revenues will continue their decline as indicated the past two quarters. The Tulsa-based drilling rig contractor intends to hold a conference call later in the morning at 10 o’clock …
Solar energy supporters are calling the opening of a 1.6-gigawatt solar module factory in Texas a “major boost” for the state. But the boost could eventually be much more if the company follows through on its growth plans. Waaree Solar Americas, a subdivision of Indian conglomerate Waaree Energies started producted in January in Brookshire …
Oklahoma Treasurer Todd Russ expressed optimism about Oklahoma’s economy as he released the March revenue numbers for the state, numbers that reflected an increase in gross production tax revenue from oil and gas production. However, his optimism was also expressed last week just as the impact of President Trump’s worldwide tariffs were beginning …
None are in Oklahoma where the state is seeing planned construction of more data centers, but the U.S. Energy Department has identified 16 federal locations for potential construction of more such centers and energy resource. According to a Data Center map, there are already 35 such data centers of varying size in the state. …
