Fresh sanctions on Iran sent crude oil prices higher on Monday. It was considered a recovery from the steep losses recorded on Friday. Adding to the increased oil prices were concerns of near-term supply tightness. Oklahoma energy stocks experienced negative territory for the day. West Texas Intermediate crude rose 43 cents or 0.6% to …
February 24, 2025 archive
Say goodbye to the record-breaking frigid weather
Just in case you were wondering how long areas of Oklahoma were below freezing…..the Oklahoma Mesonet has the answer. Climatologist Gary McManus said, “Miami was the last Mesonet site to break back above freezing, right at about 113 hours.” While you remember just how cold it was in the state, this week’s warm weather …
New CFO named at Baker Hughes Company
A new Chief Financial Officer was named this week at Baker Hughes Company. The firm said Ahmed Moghal, an experienced finance leader who is the current chief financial officer of the company’s Industrial & Energy Technology business was named CFO effective immediately. He succeeds Nancy Buese, who by mutual agreement with the company, according to …
Corporation Commissioners busy with exempted public meetings
Since the end of January, Oklahoma Corporation Commissioners have used a new state law to meet four separate times in exemption of Oklahoma’s Public Meetings law. The meetings, their times, places and who attended are revealed in the Commission’s website. The most recent such meeting, which like the others was not announced to the …
Executive change announced at state’s grid manager
A retirement of one executive officer at the Southwest Power Pool resulted in the naming of a new senior vice, chief technology an security officer. The SPP announced this week the selection of Felek Abbas for the position which combines his current duties as chief security officer with new responsibilities for overseeing information technology and …
Waterways used to deliver turbine for Grand River Dam Authority
A large advanced gas turbine recently made the trip up the McClellan–Kerr Arkansas River Navigation System to be used by the Grand River Dam Authority in providing electricity to its customers. The Mitsubishi Power turbine arrived at the Tulsa Ports Low Water Wharf at the Port of Catoosa, according to a monthly report by …
Growing wildfire dangers reported by Oklahoma Forestry Services
For those wondering about drying conditions in Oklahoma, yes there is an increased danger of quickly spreading wildfires. The latest report from the Oklahoma Forestry Services division indicated fire dangers have not gone away just because of the colder weather. “Fire danger indices will continue to ratchet up each day through Friday ahead of …
Arkansas unable to move ahead with EV charging network plans
The build-out of electric changing stations in the state of Arkansas is definitely on hold. The state put a hold on the $54.1 million project that was part of the Biden Administration’s Infrastructure Investment & Jobs Act. The freeze came a year after Arkansas approved the first 19 projects at a cost of neary $15 …
Energy briefs
** President Donald Trump is calling for an audit that could kill California’s high-speed rail proposal, which has been around for nearly two decades and has made very little progress. Transportation Secretary Sean Duffy secretary wants to investigate if there were any shady business dealings tied with the rail project’s failure so far. ** Federal energy …
Stardust Power advances with lithium facility in eastern Oklahoma
In exchange for the technology needed for creation of its $1.2 billion proposed lithium plant at Muskogee, the largest of its kind in the U.S., the owner, Stardust Power Inc. agreed to give shares to the technology holder. It also has already made agreement to sell some of the produced lithium once the plant …
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