The Osage Minerals Council in Osage County is about to expand its authority over oil and gas and other energy-related industries. The Council, part of the Osage Indian tribe is about to take over management of production, permitting and leasing of the Osage Mineral Estate. It would assume control from the Department of the …
Category: General
Energy briefs
** The Nuclear Company, a startup founded in 2023, just raised over $50 million in Series A funding to develop a new wave of nuclear reactors, not by designing brand-new ones but by using existing, preapproved designs and sites, according to TechCrunch. ** According to a Worker Adjustment and Retraining Notification (WARN) letter submitted to the Wisconsin Department …
Another broadband project launched in Oklahoma
A $1.7 million high-speed internet expansion project was officially launched Friday morning in the Pittsburg County town of Crowder by the Oklahoma Broadband Office (OBO) and internet service provider Canadian Valley Telephone. The project, funded through a $1.3 million federal grant administered by the OBO coupled with $430,000 in matching contributions from Canadian Valley Telephone, …
Empire Petroleum shareholders hold annual meeting
The annual meeting of stockholders at Empire Petroleum Corporation met in the past week to take care of business. Of the 33,712,727 shares in common stock, 29,382,197 were present for the June 12 meeting or by proxy, representing 87.15% of the company’s outstanding shares. The stockholders were asked to vote on three proposals. …
Israel-Iran fighting sent crude oil prices soaring
With Israel attacking Iran’s nuclear weapons development and long-range missile sites and Iran returning in kind with a bombardment of missiles, crude oil prices shot up worldwide, gaining 7% on Friday. As Iranian missiles rained down on Israeli towns and cities Friday, oil prices surged along with gold and the dollar. Gold went …
Court ruling overturns local efforts against carbon capture pipeline in Iowa
Summit Carbon Solutions is celebrating after a recent court victory in which local ordinances aimed at regulating pipelines and putting restrictions on the projects were overturned. Summit is the company attempting to build a 2,500-mile pipeline across five states to carry captured carbon dioxide from ethanol plants to a storage site in North …
Colorado joins fight against Trump’s elimination of EV mandates
While U.S. Sen. Markwayne Mullin joined President Trump at the White House on Thursday to celebrate the President’s official elimination of California’s EV mandates, California was joined by Colorado and other states in filing a lawsuit challenging the Presidential move. Colorado Attorney General Phil Weiser was among those attorneys generals who filed suit in …
Threatened attack on Iran affects crude oil prices
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 …
High tech plans geothermal power site in New Mexico
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 …
Oklahoma is now DROUGHT FREE
For the first time in six years, there is no drought in Oklahoma. Let me repeat that with bold letters if necessary, “THERE IS NO DROUGHT IN OKLAHOMA.” Don’t take my word for it. Check out the drought monitor courtesy of Oklahoma Climatologist Gary McManus with the Oklahoma Mesonet. “So as you can see …