** President Donald Trump on Monday indicated that he wants to reach an agreement with Ukraine to gain access to the country’s rare earth materials as a condition for continuing U.S. support for its war against Russia. ** Colombian energy company Ecopetrol is renewing its oil joint venture with U.S. firm Occidental Petroleum in the Permian …
Category: Oil & Gas
Energy bills go before House Committee
A state House Committee will meet Wednesday morning to consider a number of energy bills ranging from the state’s well plugging fund to required meters on water wells. HB1369 by Rep. Brad Boles calls for oil and gas drillers to meet required “financial ability to comply with the requirements for plugging, closure of surface …
ONEOK to build $1.4 billion LPG export terminal in Texas
ONEOK’s signed a deal with another firm to build a new nearly $1.4 billion LPG export terminal in Texas as the company apparently is trying to take advantage of a reversal of the Biden administration’s freeze on LPG exports. The Tulsa-based company said it has entered into agreements with MPLX LP to form joint …
Burgum makes quick energy changes at Interior Department
Carrying out the direction of President Donald Trump, his new Interior Secretary, former North Dakota Gov. Doug Burgum on Monday initiated six orders changing the way energy was viewed by the Biden administration. Burgum’s orders, with a goal of maximizing domestic energy and minerals production, directed agencies to speed up the permitting of energy …
Wright confirmed to be Energy Secretary
Denver oilman Christopher Wright has been confirmed to be the next Secretary of the Energy, winning U.S. Senate confirmation Monday night on a vote of 59-38. The CEO of Liberty Energy will take over an energy department reversing course when it comes to oil and gas development, or as President Trump has repeated, “drill …
Crude oil finished up in Monday’s trading
Crude oil prices made slight gains in Monday’s trading as investors still pondered the impact of Trump’s tariffs on Canada, Mexico and China. Anxiety about a growing trade war grew Monday before the President agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took …
Energy bills to go before state House Committee
At least three bills affecting the Oklahoma Corporation Commission and public utilities go before an Oklahoma House Committee on Tuesday. One is an attempt to closely follow Corporation Commission activities with the Southwest Power Pool and to track votes and travel expenses. HB2155, by Rep. Mike Dobrinski, Okeene, and known as the Renewable Energy …
Governor wants Energy Abundance Agenda for Oklahoma
Oklahoma Gov. Kevin Stitt not only wants to copy the Trump administration’s creation of a DOGE or government efficiency agency but also wants to make 2025 the year of the Energy Abundance Agenda in the state. In his seventh state of the state address on Monday to the state legislature, he said his goal …
Amarillo coal plant to convert to natural gas
An Xcel Energy coal powerplant in Amarillo is being converted natural gas. The company built the Harrington Station in 1976 and was its first coal-fired power plant in the state. The conversion to natural gas is expected to take place in May of this year. Click here for Amarillo Globe-News
Oklahoma and New Mexico public lands up for oil and gas lease
The Bureau of Land Management New Mexico State Office on Monday opened a 30-day public scoping period to receive public input on 21 oil and gas parcels totaling 8,860 acres that may be included in a November 2025 lease sale in New Mexico and Oklahoma. The comment period ends March 3, 2025. The land …