Environmental Groups Call for National Data Center Moratorium Hundreds of environmental groups across the country now say it is time for a national moratorium on the growth of data centers, citing massive concerns involving energy use, water consumption, climate impacts and electricity costs. None of the organizations that signed the letter operate out of Oklahoma, …
Category: Oil & Gas
Energy briefs
** NextEra Energy plans to make improvements to the original design of an Iowa nuclear plant that closed in 2020 following damage from a major storm as it looks to restart the facility. ** A coalition of 143 solar companies and industry representatives call on Congress to override a Trump administration policy that they say …
Crude oil dropped 2% after Iraqi oilfield production returned
After closing Friday at their highest level since November 18, crude oil prices on Monday fell 2% after production was restored in a large Iraqi oilfield. The Lukoil West Qurna 2 oilfield accounts for 0.5% of the world oil supply and an export pipeline leaked last week but Reuters reported it had been …
Steady oil/gas rig activity in Oklahoma
Oklahoma’s oil and gas drilling was unchanged in the past week as the latest Baker Hughes Rig Count showed no losses or gains in the state’s popular drilling regions. The Cana Wood remained the most active with an unchanged count of 17 rigs followed by the Granite Wash at 12. The Ardmore Woodford …
California Dems fight off-shore drilling plan from Trump
California Democrats blast new offshore leasing proposal California Democrats in the U.S. Senate and House made a major opposition to the President’s Outer Continental Shelf Oil and Gas Leasing Program which will include those off the coast of Northern, Central and Southern California. U.S. Senator Alex Padilla (D-Calif.), a member of the Senate Energy and …
Roswell to be home to new battery production plant
A Canadian company is taking advantage of the data center industry’s demand for the batteries it produces by proposing a battery factory in Roswell, New Mexico. Desert Mountain Energy, headquartered in Vancouver, Canada already owns several U.S. projects including the West Pecos Gas Field Project in New Mexico with 188 wells and a processing …
New Mexico Energy Secretary resigns
New Mexico’s Top Energy Official Resigns; Governor Names Acting EMNRD Secretary New Mexico Gov. Michelle Lujan Grisham lost one of her highest-ranking energy officials on Friday as Energy, Minerals and Natural Resources Secretary Melanie Kenderdine officially resigned. The governor’s office said Kenderdine stepped down for personal reasons, but did not elaborate further, according to the …
Oil climbs to 2-week high on hopes of an interest rate cut
Oil Prices Rise Nearly 1% as Fed Rate Cut Expectations Boost Markets Crude oil prices climbed nearly 1% on Friday, hitting a two-week high as investors anticipated a possible interest rate cut by the U.S. Federal Reserve. Traders expect a rate reduction to stimulate economic growth, which in turn boosts demand for energy and crude …
Unit Corporation announces payment and record dates for 4th Quarter cash dividend
Unit Corporation announced that the quarterly cash dividend of $1.25 per share of common stock for the fourth quarter of 2025 will be paid on December 26, 2025, to shareholders of record as of the close of business on December 16, 2025. The quarterly cash dividend will be funded by cash on the Company’s …
Advanced reactor pilot project picks eastern Kansas for site
Deep Fission, Inc. , a pioneering advanced nuclear energy company placing small modular pressurized water reactors in boreholes one mile underground, announced that it has selected the Great Plains Industrial Park in Parsons, Kansas, as the site of its advanced reactor pilot project. The Berkeley, California-based company will hold a groundbreaking ceremony on Tuesday, December …