As Oklahoma legislators grapple with bills about competitive bidding on public utility projects, calls for wind farm moratoriums and eminent domain, New Mexico legislators consider more bills to tighten restrictions on oil and gas and transmission lines. Remember, New Mexico is the nation’s number two oil producing state. A bill to create state regulations …
Despite a loss of $273 million in the fourth quarter and a full-year loss of $261 million, Gulfport Energy Corporation reported increased production and intends to expand production efforts this year. Gulfport reported financial and operating results for the three and twelve months ended December 31, 2024 and provided its 2025 outlook. The fourth quarter …
The fourth quarter and full-year financial results for Mammoth Energy Services, Inc. will be revealed in early March as company executives remain hopeful the firm reversed the losses experienced in the third quarter. The Oklahoma City energy firm plans a release before the market opens on Friday, March 7, 2025. Executives will follow the …
A revival of the Keystone XL pipeline? It’s what President Trump is talking about, stating Monday he wants to revive the pipeline killed by former President Joe Biden on day-one of his presidency. But the developer isn’t so eager to jump on the bandwagon. “The company building the Keystone XL Pipeline that was viciously …
** Researchers at The Ohio State University have developed a battery that can convert nuclear waste into electricity. This innovative technology utilizes ambient gamma radiation from spent nuclear fuel to power electronics and offers a cleaner and more efficient energy source. ** Donald Trump’s freshly appointed Environmental Protection Agency chief is trying to seize $2 billion in …
Crude oil prices on Tuesday dropped nearly 2% to a two-month low following weak economic news in the U.S. and Germany. The news added to fears of slower energy demand. WTI hit its lowest lowest close since December 10 and Brent marked its since December 23. West Texas Intermediate fell $1.77 or 2.5% to …
The Oklahoma Corporation Commission has launched a search for a new director of its Oil & Gas Conservation Division. Robyn Strickland, who for the past six years served as its director and that of the Commission’s Petroleum Storage Tank Division is moving to be director of the Storage Tank Division. This division delivers …
As the U.S. Supreme Court considers whether to overturn a lower court’s decision to block a proposed oil-train out of northeastern Utah and across Colorado, some environmental groups who joined a federal lawsuit defending the EPA’s move to strengthen clean air safeguards contend the railway would only worsen pollution. The environmental and public health groups …
In a new report, Vital Energy of Tulsa indicated it plans a small expansion of its drilling efforts in the Permian Basin where it focuses its exploration. It’s also in the hunt for more acreage in West Texas. The SEC filing 10-K report indicated Vital plans to run four to six drilling rigs and one to …
ONEOK reported nearly $1 billion in net income in the fourth quarter of the year and about $3 billion for all of 2024. The Tulsa-based company gave credit in part to higher rates approved by Oklahoma regulators. “ONEOK’s strong performance in 2024 was driven by contributions from multiple strategic acquisitions, volume growth and fee-based …
