While waiting for a vote by Wagoner County Commissioners on a proposed controversial solar farm near Porter, NextEra Energy is urging residents to urge commissioners to approve the project. In a Facebook posting this week, the headline urged, “Say YES to Persica Solar.” NextEra also used text messaging to round up support. The Persica …
February 2025 archive
Could be a bumpy ride for FAA in Oklahoma City
Not just the public, but some in Oklahoma’s congressional delegation still remain unsure how government hiring reductions will affect the nation’s flight controllers and specifically, the largest FAA facility in the nation in Oklahoma City. Oklahoma Watch communicated with U.S. Sen. James Lankford and reported he too is unsure of the impact of the …
Federal government parking its EVs and shutting down EV chargers
Another sign of government cutbacks and the new administration’s attitude toward electric vehicles….most of the governments EVs are possibly being put into storage. The General Services Administration,, the agency that manages the federal government’s buildings,, is reported to be planning a shutdown of its 8,000 EV chargers. It might also offload its current …
Canoo one of several EV makers to go broke
The latest electric vehicle manufacturer to file for bankruptcy, Nikola, is part of a list of EV makers who have gone broke that includes Canoo, the totally bankrupt company with a manufacturing plant in Oklahoma City and operations in the eastern city of Pryor. Canoo’s CEO Tony Aquila had high hopes and convinced Oklahoma …
Vital Energy’s hunt for more oil in the Permian means increase in rigs
In a new report, Vital Energy of Tulsa indicated it plans a small expansion of its drilling efforts in the Permian Basin where it focuses its exploration. It’s also in the hunt for more acreage in West Texas. The SEC filing 10-K report indicated Vital plans to run four to six drilling rigs and one to …
ONEOK’s 4Q earnings reached nearly $1 billion
ONEOK reported nearly $1 billion in net income in the fourth quarter of the year and about $3 billion for all of 2024. The Tulsa-based company gave credit in part to higher rates approved by Oklahoma regulators. “ONEOK’s strong performance in 2024 was driven by contributions from multiple strategic acquisitions, volume growth and fee-based …
Energy briefs
** Chevron said on Monday it would reorganize some of its business structures and reshuffle the leadership team, the latest move by the U.S. energy major to simplify its operations. The company has said it would lay off up to 20% of its global workforce by the end of 2026, as it navigates cost overruns and a …
Crude oil made gains Monday while OK energy stocks dropped
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 …
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 …