Environmentalists are heaping criticism on North Dakota Gov. Doug Burgum, the choice by President-elect Trump to be Interior Secretary with one group calling him an oligarch and a disastrous pick. Western members of Congress praised the choice because Burgum is a supporter of the oil and gas industry. After all, his state is home …
** The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. ** Donald Trump’s pick for energy secretary called net zero a “sinister goal” and drank bleach on camera. Chris Wright, the founder and chief executive of Denver-based Liberty …
The shale plays across the country saw very little change in drilling activity over the past week, based on the latest rig count provided by Baker Hughes Co. The Permian Basin, the nation’s largest play and with the highest number of drilling rigs in action was unchanged with a count of 303 rigs throughout …
Oklahoma’s latest broadband expansion projects were launched last week in the southeast part of the state involving nearly $30 million for high-speed internet expansion and ten different projects. Chisholm Broadband joined the Oklahoma Broadband office in Coalgate for a formal launching of the continuing effort to bring broadband service to rural areas of the state. …
Nearly 300 workers at a mine operated by Tulsa-based Alliance Resource Partners L.P. are being layed off in Kentucky. In a Worker Adjustment and Retraining Notification or WARN Act filing made Friday, Alliance said it had sent notices to all of its approximately 280 employees of the MC Mining Complex in Kentucky’s Pike …
Not only was the Permian Basin the largest producer of crude oil in 2023, but a new report from the U.S. Energy Information Administration shows it was also the largest producer of natural gas in the country in the same year. The report showed U.S. production of associated-dissolved natural gas, or associated natural gas, increased …
The Baker Hughes rig report released Friday showed the nation’s oil and gas rig numbers were fairly steady with a decline of one rig, leaving 584 oil and gas rigs active across Oklahoma and the other energy producing states. The decline included one oil rig, resulting in 478 still drilling for oil while the …
The bigger-than-expected increase in U.S. crude oil inventories last week sent prices falling by more than 2% on Friday, creating a weekly plunge of more than 4%. Plus, there was the issue of declining Chinese demand for crude oil. West Texas Intermediate fell $1.68 or 2.45% per barrel to close at $67.02 on the …
Oklahoma’s latest earthquake shook the northern part of the state Saturday morning and measured 3.3 magnitude. The epicenter was 26 miles northwest of Enid and according to the U.S. Geological Society, occurred around 3:30 in the morning. A day earlier on Friday, 2.1 magnitude earthquake was recorded about 30 miles west of Oklahoma City. …
Oil industry executive Chris Wright was chosen by President-elect Trump to head the U.S. Energy Department, succeeding Jennifer Granholm who carried out the Biden administration’s war on the oil and gas industry. Critics were quick to point out that Wright runs a firm known for fracking but his nomination is likely to bring …