Coming off a second quarter where it completed a major $2 billion acquisition for its long-term international growth, Tulsa-based Helmerich & Payne plans a release of its third quarter financial results in the coming few weeks. The firm will release the financial results on Thursday, August 7 and hold a conference call at …
One Kansas legislator says it’s time the state took control of AI and how it affects Kansas, declaring that when a few billion-dollar firms lock up tools everyone needs, Kansas pay the price. Rep. Samantha Poetter Parshall, writing in The Kansas Informer, said “When one corporation controls the tools, out come the bloated contracts, …
** President Trump’s administration delivered a long-overdue blow to California’s high-speed rail project. Federal funding—$4 billion in unspent grants—has been yanked, halting what critics say is a boondoggle that has devoured billions while delivering broken promises. ** Rep. Bob Latta (R-Ohio), a powerful figure in U.S. energy policy as chair of the House Energy and …
The U.S. saw a jump in oil and gas rig activity in the past week and it was attributed to more drilling for natural gas as prices continued to climb. At the same time, Oklahoma’s rig activity remained unchanged. The nation’s rig count, according to Baker Hughes in its Rig Count released on …
The Osage Nation, the tribe in total control of oil and gas well drilling in Oklahoma’s Osage County, is in the process of plugging an estimated 1,600 abandoned wells in the county. But the figure could be much higher for the 12-person crew tasked with the job. A report by Osage News delved …
Xcel Energy has announced new generation resource additions as part of an overall portfolio to meet the rapidly rising energy needs of its Texas and New Mexico service area. The portfolio includes extensions of 521 megawatts of existing generation as well as the addition of 17 new power projects that will add 5,168 …
With at least one energy expert saying crude oil prices are dangerously close to no longer being profitable for oil producers, crude oil prices closed down on Friday. The expert, Dwight Scott, executive vice chairmanof Quantum Capital Group made the remarks in an interview with Bloomberg TV, reported Business Insider. Brent crude, the …
Tech giant Google, with one data center in northeast Oklahoma and another in the works in Stillwater, plans to spend at least $3 billion building more centers across the country and powering them with renewable energy. It reached a major deal with Brookfield Renewable Energy Partners to acquire 670 megawatts of clean energy …
The Department of the Interior has updated its guidelines for states applying to federal programs aimed at cleaning up abandoned oil and gas wells. The revised guidance updates two federal grant programs, the $780 million Orphaned Wells State Matching Grant Program and the $1.93 billion Orphaned Wells State Formula Grant Program. The changes are meant …
President Trump’s recent announcement at the Pennsylvania Energy and Innovation Summit, of nearly $90 billion in new energy investments emphasized not only the importance of the state’s natural gas production, but also included the recently announced $11 billion nuclear and data center near Amarillo, Texas. We’ve highlighted what Fermi America, co-founded by former …