Highlights of the Oklahoma Transportation Commission’s Monday, Dec.8 meeting include receiving an industry bridge award, briefing on a job market study and approving safety improvements in Grady and Okmulgee counties. The Association of Oklahoma General Contractors presented the 2025 Pharaoh Award to the Oklahoma Department of Transportation’s District 5 in western Oklahoma. The nearly $19 …
Oil Prices Dip in U.S. as Brent Edges Higher
Crude Oil Prices Show Mixed Movement Crude oil prices were weak on Friday as U.S. prices fell slightly while overseas oil prices finished up about 25 cents a barrel. It was also a poor day for Oklahoma energy stocks. The Associated Press reported that prices continue fluctuating within a tight trading range due to shifting …
Senate Leader urges negotiation over poultry lawsuit
State Officials Sound Alarm Over Stalled Negotiations After a visit to eastern Oklahoma Thursday to meet with individuals involved in the poultry industry and other local stakeholders, Senate Pro Tem Lonnie Paxton, R-Tuttle, is calling on those involved in the State of Oklahoma v. Tyson Foods case to return to the negotiating table and work …
Helmerich and Payne CEO to retire in 2026
Helmerich & Payne CEO John Lindsay to Retire in 2026 Leadership Transition Announced by H&P Board The Board of Directors of Helmerich & Payne, Inc. announced that Chief Executive Officer John Lindsay will retire as CEO and director following the Annual Meeting of Stockholders on March 4, 2026. The Board has appointed Raymond John “Trey” …
Vital Energy Shareholders Approve Crescent Merger
Vital Energy Shareholders Approve $3.1 Billion Crescent Merger Shareholders Approve Major Acquisition The $3.1 billion acquisition and merger of Tulsa’s Vital Energy, Inc. by Crescent Energy of Houston was approved Friday by Vital shareholders. Vital stated the merger is anticipated to close on December 15, 2025 and said it intends to file the final vote …
Oil/gas rig counts hold steady in Oklahoma and US
Oklahoma Holds Steady as U.S. Rig Count Slips Oklahoma Rig Activity Remains Unchanged While the nation’s oil and gas rig count declined slightly over the past week, drilling activity remained steady in Oklahoma.The latest Baker Hughes Rig Count released on Friday showed Oklahoma’s count stayed at 41 rigs. National Rig Count Drops by One Nationally, …
Ratepayers to feel impact of data center power needs
Oklahoma Faces Growing Strain as Data Centers Drive New Power Demands At Least 18 Data Center Projects Identified Across Oklahoma We’ve been reporting for more than a year about the rapid growth of data centers in Oklahoma and the pressure this boom places on utilities, ratepayers, and the state’s broader power infrastructure. Consumers continue to …
Energy briefs
** The Trump administration moves to reverse the Federal Energy Regulatory Commission’s policy giving tribal nations veto power over proposed hydropower projects on their land. ** In 2024, 42 of the 50 states saw fewer solar installations last year than the year before, and there was an overall 39% decrease in capacity. That trend has continued …
Oil prices up slightly following seized Venezuelan tanker incident
While crude oil prices recorded only a slight gain on Thursday following the U.S. seizure of a sanctioned oil tanker off the coast of Venezuela on Wednesday, natural gas prices suffered with a more than 8% drop for the day. Both Brent crude and West Texas Intermediate rose about 0.4%. Reuters reported it might not …
Corporation Commission repeats vote to support OGE projects
With little fanfare, the Oklahoma Corporation Commission voted 2-1 to uphold its original approval of massive energy expansion projects for Oklahoma Gas and Electric. “We don’t need to rehash this anymore,” said Commissioner Brian Bingman whose original proposed order was okayed two weeks ago in a vote that led to OG&E calling for …