List identifies 60 minerals essential to U.S. economy, national security and supply chains The Department of the Interior, through the U.S. Geological Survey, published the final 2025 List of Critical Minerals, outlining 60 minerals vital to the U.S. economy and national security that face potential risks from disrupted supply chains. “In 2017, President Trump set a goal of …
Category: Oil & Gas
Few changes seen where rigs are drilling in Oklahoma
Oklahoma went another week with no change in its active oil and gas exploration, according to the most recent Rig Count released by the Baker Hughes Co. The state’s count of 42 was unchanged from the previous week although there were changes in the different oil and gas plays in the state. The …
Energy Brief: Solar Panels, FAA Orders, Nuclear Disputes
Solar Panel Maker Qcells Furloughs 1,300 Workers Solar panel maker Qcells announces it will furlough 1,000 workers and 300 staffing agency employees at its Georgia factories. U.S. customs officials detained shipments of solar cells at U.S. ports because of a 2021 law banning imports from a region of China. These detentions disrupt manufacturing continuity. Qcells …
OERB scholarship awards total $523,500 for students
scholarship funding targets next generation talent A noteworthy amount of scholarship dollars will be awarded to students at state universities studying petroleum-related fields. With a steadfast dedication to supporting the next generation of leaders, the people of Oklahoma Energy Oil and Natural Gas are announcing $523,500 in scholarship funds will be awarded to 97 students …
Williams Cos. scores win from New York Governor Hochul
Advancing a major gas pipeline New York Governor Kathy Hochul finally relented and on Friday handed a major award for Tulsa-based Williams Cos.to see light at the end of the day as it seeks approval for a 24-mile pipeline to supply New York City with natural gas. She signed a permit advancing the …
Devon Energy builds on big third quarter
Leaders at Devon Energy are excited over what the rest of 2025 and 2026 will bring for the Oklahoma City-based oil and gas company after the firm recorded a record third quarter in production and revenue. Eight months after assuming his role as President, CEO and Director, Clay Gaspar exuded excitement during a …
Oil exec fears of layoffs caused by OPEC+ production
The president of a Texas oil company warns of layoffs and a potential slowdown in drilling next year as OPEC+ producers flood the market and drive down prices. With the clock ticking as 2026 is weeks away, not all oil companies will be walking into the new year optimistic. “I think what [oil …
Mach reduces 2026 drilling effort following 3Q losses
Oklahoma City’s Mach Natural Resources LP reported total revenue and net losses of $273 million and $36 million in the third quarter of 2025, respectively and decided to cut back on oil and gas exploration in the remaining quarter of 2025. The company explained it “Reduced 2026 drilling and completion capital program by 18% …
Retirees Say ESG Blacklist Threatens Financial Security
ESG Blacklist legal fight remains active at the Oklahoma Supreme Court More than a year after an Oklahoma County District Court judge enjoined the state from enforcement of its anti-ESG law and ordered State Treasurer Todd Russ to stop creating a ESG Blacklist, the case remains before the Oklahoma Supreme Court.However, legal friction continues building …
Natural gas rig numbers on the rise in the US
A weekly gas report from the Energy Information Administration shows the expansion of natural gas drilling efforts across the U.S. and reflects how interest has resulted in a growth in the number of gas-drilling rigs compared to those drilling for oil. Rig Count According to Baker Hughes, for the week ending Tuesday, October 28, …