Whether Iran is crying “Uncle” amidst the constant attacks by Israeli war jets, crude oil prices that first rose when the fighting started late last week, fell $1 a barrel on Monday. One published report indicated that Iran stated it was ready to return to the negotiating table with the U.S. regarding nuclear weapons …
Reports suggest Continental Resources is expanding its exploration operations throughout Wyoming’s Powder River Basin where one executive with the Oklahoma City company says the goal is to turn it into the next Williston Basin. It was the Williston where Continental founder Harold Hamm made his fortune and turned the oil and gas company into …
Chickasha Mayor Zach Grayson says his city is about to explode. “The secret is out.” It’s what he says about the recent announcement of a $3.5 billion data center and industrial park that is still making news. The project was a focus of a Journal Record story this week. Click here for Journal …
Lithium mining company, Stardust Power Inc. intends to get assistance from Ohio University researchers in its refining efforts under construction in Muskogee. The GREENWICH, Conn.-based company announced Monday it had signed a Memorandum of Understanding with Ohio University for a strategic partnership on advanced lithium extraction and refining technologies, including potential applications of …
** A federal court upholds the Biden administration’s approval of the Willow drilling project in Alaska and allows construction to continue, but orders the federal Bureau of Land Management to address a flaw in its environmental review. ** A federal oil and gas lease sale in Wyoming nets $7.7 million, which an industry insider described …
Following strong 4% gains on Wednesday, crude oil prices fell in Thursday’s trading in response to continued worries that Israel might launch an attack on Iran, a possibility that prompted the US to move personnel out of the Middle East. The Wednesday surge also produced overbought territory on some technical indicators and experts believe …
A big geothermal site in northwestern New Mexico is going to be the work of XGS Energy and Meta Platforms Inc. The two companies intend to develop New Mexico’s geothermal industry as tech companies search for new energy sources for data centers they are proposing around the country. “This is an area where geothermal …
Opponents of the use of eminent domain for construction of a carbon capture pipeline across Iowa were handed a setback this week when Iowa Gov. Kim Reynolds vetoed a controversial bill that would have made it hard to use the process. House File 639 would have adopted such things as increased insurance requirements for …
Oklahoma U.S. Sen. Markwayne Mullin is not only a big national supporter of President Trump but joined him Thursday morning at the White House when Trump signed into law a Mullin resolution permanently eliminating California’s radical electric vehicle mandates. “Today we put a stop to California’s costly and extreme Green New Deal agenda that …
In all likelihood, customers of Oklahoma Natural Gas will begin paying for the latest rate increase and it could take effect yet this month or early July, should Corporation Commissioners sign off on a settlement of issues in the case reached this week. According to testimony offered Thursday during a hearing held by regulators …
