“I’m proud to be a donor and to see this new facility taking shape,” Oklahoma oil billionaire Harold Hamm is among the major contributors to the new $300 million White House ballroom addition. The ballroom, currently under construction, is designed to host world leaders and represent the United States with distinction. Hamm Proud to Support …
Category: Oil & Gas
Oklahoma AG Drummond Urges U.S. to Skip COP30 Summit
Attorneys General Oppose U.S. Delegation to Brazil Climate Conference Oklahoma Attorney General Gentner Drummond is among several Republican Attorneys General urging President Trump’s cabinet members to skip next month’s COP30 climate summit in Brazil. “Dear Secretaries Burgum and Wright and Administrator Zeldin,We write to urge you to put the safety, security, and economic interests of …
SEC quarterly financial reports to be discontinued? Maybe
SEC Considers Ending Quarterly Reports for Energy Firms Unless you’re an executive of an energy company that is privately owned, you don’t have to worry about filing quarterly financial earnings reports with the Securities and Exchange Commission. Publicly-owned firms have to file the the Form 10-Q reports but things might change. Efforts are underway to …
Energy Brief:China Soybeans U.S. Rule Reversal Global Shifts
U.S. Developments and Energy Moves U.S. Treasury Secretary Scott Bessent said Sunday that he expects China to renew large soybean purchases for several years. He also anticipates that China will delay its new licensing rules for rare earths by a year and re-examine them after two days of trade talks in Malaysia. South Carolina’s state-owned …
NextEra Energy Declares New Dividend, Expands in Oklahoma
NextEra Energy Declares Quarterly Dividend NextEra Energy, a Florida-based company with multiple projects across Oklahoma, declared its latest quarterly common stock dividend. The Board of Directors approved a dividend of $0.5665 per share, payable on Dec. 15, 2025, to shareholders of record on Nov. 21, 2025. The announcement reinforces the company’s continued financial strength …
SPP Forecasts 96% Energy Growth for Oklahoma Grid
SPP Predicts Massive Energy Growth Across Oklahoma Leaders of the Southwest Power Pool (SPP), which operates the grid covering Oklahoma, Kansas, and more than 20 other states, expect a stunning 96% rise in energy demand within the next decade. They also praised a new ruling from the Federal Energy Regulatory Commission (FERC) that will help …
Baker Hughes Reports Strong Q3 Gains, Eyes Record Growth
Baker Hughes Reports Strong Third Quarter Performance Baker Hughes reported what leaders call a “strong third quarter performance,” showing the Houston company had $8.2 billion in orders and $7 billion in revenue, a $100 million increase. The company reported attributable net income of $609 million. Cash Flow and Industrial Growth Cash flow from operating activities …
Oklahoma Lawmakers to Reexamine State Energy Needs
Utilities Committee Schedules Interim Hearing Still another look into Oklahoma’s energy needs will be taken by the Utilities Committee of the House of Representatives. The committee, under the leadership of Rep. Mike Dobrinski (R-Okarche), plans an interim study hearing into Oklahoma Energy Needs on Tuesday, November 4, beginning at 9:30 a.m. The hearing will be …
Oil Prices Rise 7% for Week Despite Friday Decline
Weekly Trading Results Show Strong Gains Crude oil prices finished the week’s trading with a small loss, but despite the decline, prices still ended the week more than 7% higher. It proved to be the largest weekly gain since the middle of June. Analysts explained Friday’s drop on skepticism, which they believe entered the market …
Energy Brief: Trump Opens 1.56M Acres for Arctic Oil
Oklahoma’s Energy Sector Eyes New Federal Actions The Trump administration opened 1.56 million acres of the Arctic National Wildlife Refuge’s coastal plain for oil and gas leasing. The move reverses Biden-era restrictions and reopens a politically charged frontier for energy production. Energy firms in Oklahoma and across the nation are watching how the new policy …