Iranian missiles were fired Tuesday against Israel following Israel’s campaign against Tehran’s Hezbollah allies in Lebanon and the action sent crude oil prices upward. Prices gained nearly 3% as investors and traders worried that Israel might retaliate with an attack of its own missiles against Iran’s oil production and export facilities. One military expert said …
Oklahoma Corporation Commissioners will meet Wednesday for a regular meeting and consider whether to approve Public Service Company’s $730 million acquisition of Green Country Generating Facility. As outlined by company executives in their filing with the commission (PUD2024-000057), the purchase of the Jenks natural gas plant will mean higher rates for customers. In her …
More than 9 months after Chesapeake Energy announced a more than $7 billion merger with Houston-based Southwestern Energy company, the deal is complete. The merger means the name, Chesapeake Energy, will no longer exist but will remain in Oklahoma City. Trading on the NASDAQ under the new name, Expand Energy Corporation, will begin Wednesday, …
The flow of natural gas from the Matterhorn Express Pipeline into the Williams’ Transco pipeline was reported Tuesday. It was considered a major development for the transportation of gas out of the Permian Basin and equally a significant move for Williams, the Tulsa-based company. The Matterhorn stretches 580 miles, moving gas from the Waha hub …
Rep. Tom Gann, the legislator who was joined by two others in trying to stop Corporation Commissioner Todd Hiett from voting in ONG, OG&E and PSO cases following allegations of sexual assault and public drunkenness, says it was Hiett’s “extremely disturbing” drunkenness that prompted him to go to the state Supreme Court. While …
The Energy Workforce & Technology Council announced the release of the 2024 Workforce Report developed in collaboration with Accenture. The report provides a detailed analysis of the current state of employment within the energy services sector, focusing on job growth, workforce composition, and granular insights into diversity metrics. The 2024 Workforce Report offers a comprehensive overview of …
Some changes in the leadership of the Southwest Power Pool were announed this week. Michael Desselle, vice president and chief compliance and administrative officer, will retire from SPP effective January 2, 2025. He joined the organization in 2006 and has more than 40 years of experience in the energy industry. “We’ll definitely miss Michael,” …
Part of the huge Grain Belt Express plan to transmit electrical power from southwest Kansas across Missouri and Illinois into Indiana might have recently won approval from Kansas regulators, but it still is opposed by many landowners in Kansas. The pushback is growing, reported the Topeka Capital Journal. The Grain Belt Express is considered …
The OKC Utilities Department’s water conservation program, Squeeze Every Drop (SED), has been honored with the prestigious WaterSense Excellence in Education and Outreach Award, marking a significant milestone in the department’s endeavor to promote sustainable practices. This national award, given by WaterSense, a voluntary partnership program sponsored by the U.S. Environmental Protection Agency (EPA), recognizes SED …
Because of the growth of the number of electric vehicles on the roads across the country, AAA has started including electric prices among its reports on average fuel costs. Oklahoma made the list this week of the top ten states with the cheapest gasoline prices, but it was not in the list for the …
