February 21, 2025 archive

Kiamichi hydropower project rejected again by FERC

The Texas developer wanting to build a hydroelectric power plant on southeast Oklahoma’s Kiamichi River, a project opposed by tribal and state leaders, was rejected a fourth time this past week by federal regulators. Johann Tse of the Southeast Oklahoma Power Corporation located in Dallas and the man behind the proposed Pushmataha County project was …

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ONEGas annual meeting date set

  ONE Gas, Inc. says it will hold its 2025 annual meeting of shareholders as a cirtual meeting in May. The date will be Thursday, May 22 and the meeting will begin at 9 a.m. central daylight time. The meeting will also be audio webcast on the ONE Gas website, www.onegas.com.   The record date for …

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Crude oil prices and OK energy stocks hit with losses on Friday

  The strife in the Middle East and a poptential peace settlement in Ukraine sent crude oil prices tumbling more than $2 a barrel on Friday and Oklahoma energy stocks followed suit. Investors also considered the growth of U.S. crude oil stockpiles in what sent prices downward. West Texas Intermediate crude dropped $2.08 or 2.87% …

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House committee okays Turnpike Authority transparency bill

  House Bill 1939, authored by Rep. Danny Sterling, R-Tecumseh, passed the Transportation Committee. The bill is a legislative initiative that aims to increase transparency, collaboration and accountability in the Oklahoma Turnpike Authority’s (OTA) decision-making processes. The bill also seeks to ensure that turnpike projects undergo thorough studies and extensive public engagement before implementation. HB1939 …

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Energy briefs

** ConocoPhillips announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments. The transaction also includes an overriding royalty interest in …

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