Rare Earth Magnet Manufacturing Expands as MP Materials Announces Texas Campus A month after Stillwater-based USA Rare Earth, LLC announced a major move in its production of rare earth magnets, the firm apparently has some major competition making its own significant announcement. MP Materials Corp. announced it has selected a 120-acre site in Northlake, Texas, …
After U.S. and Iran’s nuclear talks ended in a stalemate raising more fears there will be an armed exchange in the Middle East, crude oil prices rose nearly 3% on Friday. Investors are worried any armed launch by the U.S. will disrupting oil supplies out of the region. President Donald Trump told reporters on Friday …
The end of a third round of nuclear talks between the U.S. and Iran sent crude oil prices rising ever so slightly on Thursday. It was described as “choppy” trading by Reuters. Brent crude futures expiring in April finished up 0.6% to $71.14 per barrel. West Texas Intermediate crude settled at $65.60 a barrel after …
Firms move quickly to transfer to Houston Devon Energy is moving quickly to transfer its headquarters from Oklahoma City to Houston following its recent merger with Coterra Energy, a Texas firm. Merger and integration team members were recently named by the two companies. A recent Securities and Exchange Commission filing by Devon Energy Corporation indicated …
Ratepayer protection pledge and data center power demand ** Tech execs are expected at the White House next week to sign what President Trump called a “ratepayer protection pledge” during Tuesday’s State of the Union. ** Goldman Sachs, in an updated analysis, sees 220% growth in data center power demand between 2023 and 2030, up …
OGE Energy Corp. Board Member Judy R. McReynolds to Retire After serving 14 years on the Board of Directors of OGE Energy Corp., Judy R. McReynolds is not seeking re-election. The corporation announced the matter in a filing with the Securities and Exchange Commission. McReynolds’ term will end and she intends to retire from the …
House Backs Bill Protecting Natural Gas Home Appliances Natural gas appliances vote draws support from Oklahoma delegation Don’t touch my gas stove. It’s the message in the U.S. House this week as all five Oklahoma members in the U.S. House voted in support of a bill aimed at reversing efforts of the Biden administration to …
Shareholder offering made by Empire Petroleum Empire Petroleum Corporation, an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced that it has modified the terms of its previously announced subscription rights offering. The update affects shareholders of the Company’s common stock, par value $0.001 per share, …
https://www.facebook.com/reel/24604264572605533 A State of the Union announcement on data centers and large load customers—-was it a copy of what Oklahoma did last year? It was one of the things talked about as Scott Mitchell talks energy with Jerry Bohnen. Plus, how the state legislature wants to close certain Corporation Commission books and records to the …
News that U.S. crude inventories rose by 16 million barrels in the past week sent crude prices slipping ever so slightly in Wednesday’s trading. At the same time, investors remained wary about the U.S. and Iran nuclear talks and whether the the flow of oil from the Middle East could be threatened. West Texas Intermediate …
