While Oklahoma deals with increased demand for electricity production, more data center announcements and opposition to wind and solar energy projects, the world is seeing an increase in total electricity generation. A report from the International Energy Agency through the OECD or Organization for Economic Co-Operation and Development, shows fossil fuels remain the largest source …
Category: Oil & Gas
Energy briefs
** After five years of aggressive legal maneuvering, Georgia Power has lost its battle to stop Nestlé Purina from choosing a different Georgia utility that could deliver better renewable energy options to its factory. ** Anti-wind power advocates urge the Trump administration to rescind a $426 million federal grant aimed at upgrading a northern California …
Report shows decline in oil-drilling spills in Colorado and New Mexico but more in Wyoming
A new report by the Center for Western Priorities shows there were fewer oil and gas-drilling related spills in 2024 than in 2023 in Colorado and New Mexico while there was an increase in Wyoming. The three states reported 2,709 drilling-related spills last year that totaled nearly 7 million gallons of oil, wastewater and …
Oil prices fall over Iran wanting to return to negotiations with US
Whether Iran is crying “Uncle” amidst the constant attacks by Israeli war jets, crude oil prices that first rose when the fighting started late last week, fell $1 a barrel on Monday. One published report indicated that Iran stated it was ready to return to the negotiating table with the U.S. regarding nuclear weapons …
Continental Resources jumping onto Powder River Basin opportunities
Reports suggest Continental Resources is expanding its exploration operations throughout Wyoming’s Powder River Basin where one executive with the Oklahoma City company says the goal is to turn it into the next Williston Basin. It was the Williston where Continental founder Harold Hamm made his fortune and turned the oil and gas company into …
Mayor says “secret is out” about Chickasha
Chickasha Mayor Zach Grayson says his city is about to explode. “The secret is out.” It’s what he says about the recent announcement of a $3.5 billion data center and industrial park that is still making news. The project was a focus of a Journal Record story this week. Click here for Journal …
Ohio University researchers to help Stardust Power’s Muskogee lithium refining project
Lithium mining company, Stardust Power Inc. intends to get assistance from Ohio University researchers in its refining efforts under construction in Muskogee. The GREENWICH, Conn.-based company announced Monday it had signed a Memorandum of Understanding with Ohio University for a strategic partnership on advanced lithium extraction and refining technologies, including potential applications of …
Energy briefs
** A federal court upholds the Biden administration’s approval of the Willow drilling project in Alaska and allows construction to continue, but orders the federal Bureau of Land Management to address a flaw in its environmental review. ** A federal oil and gas lease sale in Wyoming nets $7.7 million, which an industry insider described …
Threatened attack on Iran affects crude oil prices
Following strong 4% gains on Wednesday, crude oil prices fell in Thursday’s trading in response to continued worries that Israel might launch an attack on Iran, a possibility that prompted the US to move personnel out of the Middle East. The Wednesday surge also produced overbought territory on some technical indicators and experts believe …
High tech plans geothermal power site in New Mexico
A big geothermal site in northwestern New Mexico is going to be the work of XGS Energy and Meta Platforms Inc. The two companies intend to develop New Mexico’s geothermal industry as tech companies search for new energy sources for data centers they are proposing around the country. “This is an area where geothermal …