Crude oil prices rose 1% on Monday and Oklahoma energy stocks also entered positive territory after the OPEC+ November increase in output wasn’t as big as some feared. The increased production was considered “modest” according to some analysts who explained the production increase actually tempered concerns about oversupply worldwide. Reuters reported that on …
Fermi Energy’s $682 Million IPO Fuels AI-Driven Energy Boom Former Texas Governor Rick Perry Leads Record-Setting Launch Former U.S. Energy Secretary and Texas Gov. Rick Perry helped launch one of the most successful energy IPOs of 2025. His company, Fermi Energy, raised more than $682 million in its public offering, marking a major milestone in …
Hydrogen Hub Projects Face Major Federal Funding Cuts Two years after Oklahoma, Arkansas, and Louisiana tried and failed to secure federal funding for their proposed HALO Hydrogen Hub, the federal government’s energy priorities are shifting once again. This week, the Trump administration announced that it will cancel a portion of the $7 billion in hydrogen …
Industry Leaders Warn of Delays in Federal Energy Permitting If the federal government shutdown continues much longer, its effects could extend far beyond Washington, D.C. — and deep into the U.S. oilfields. Industry officials say the stalemate is already threatening to slow or halt the approval process for oil and gas drilling permits on public …
Sen. Boren Leads Study on Oklahoma’s Energy Tax Framework Oklahoma’s commitment to being an “all of the above” energy state took center stage at the state Capitol as Sen. Mary Boren (D-Norman) led a detailed interim study before the Senate Revenue and Taxation Committee. The focus: whether Oklahoma’s current energy tax structure equally supports its …
Cana Woodford Rig Count Rises Oklahoma’s oil and gas industry showed signs of renewed activity this week. According to the latest Baker Hughes Rig Count, the Cana Woodford play added one active drilling rig, pushing its total to 19 rigs. The increase marks a small but encouraging gain for one of the state’s most active …
Judge Dismisses Enid from Skeleton Creek Solar Project Lawsuit Garfield County Landowners Continue Legal Battle Against NextEra A Garfield County District Judge has dismissed the City of Enid from a lawsuit filed by 31 landowners opposing the massive Skeleton Creek Solar and Battery Energy Project near Enid, Oklahoma. The decision comes amid ongoing tension between …
EOG Resources Expands Operations to Central Ohio Texas Oil and Gas Giant Invests $28.7 Million in New Facility EOG Resources, one of the nation’s largest oil and gas producers, has announced a major expansion outside its Texas base, opening a new division in Central Ohio. The Fortune 500 company finalized the purchase of the former …
Jeff Bezos Predicts Solar-Powered Data Centers in Space The global data-center boom has transformed energy demand on Earth — but Amazon founder Jeff Bezos believes the next generation of data centers will orbit above it. Bezos predicts that within 10 to 20 years, massive gigawatt-scale data centers will operate in space, powered entirely by …
Entergy Texas Secures Approval for 145-Mile Power Line Project The energy infrastructure in Southeast Texas is getting a major upgrade. Entergy Texas has received the green light from the Public Utility Commission of Texas (PUCT) to build a 145-mile, 500-kilovolt (kV) transmission line across the southeastern part of the state. This massive project will strengthen …
