The Kansas Legislature is taking steps in an attempt to attract even more large data centers. But the tax incentives also include some restrictions on the ability of such operations to build their own power plants. As the Kansas Reflector reports, the original bill was introduced by NetChoice, the trade group representing online firms …
April 2025 archive
Energy briefs
** Honda is reportedly preparing to significantly expand its US manufacturing footprint by up to 30% over the next two to three yearsin response to the Trump administration’s sweeping new tariffs on foreign imports. The Japanese automaker is considering shifting production of several key models from Mexico and Canada to the US. ** Dallas-based Vaquero Midstream, a natural …
US crude oil production went up 2% in 2024
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 A new report shows just how much U.S. crude oil production rose in the past year and much of the credit goes to exploration in the Permian Basin. The U.S. Energy Information Administration stated in a newly-released report that U.S. crude oil production grew by 270,000 barrels per …
NextEra Energy 1Q results to be released
After earnings of more than $1 billion in the fourth quarter of 2024, NextEra Energy plans to unveil its first quarter 2025 results next week. The Florida firm, with heavy commitments in Oklahoma’s wind and solar industry, will release the results before the opening of the New York Stock Exchange on Wednesday, April 23, …
Montana ratepayers to feel the pain of higher bills
As Oklahomans wonder just how much their natural gas or electric bills will increase with the latest rate hike request made by utilities, other state residents are doing the same. In Montana, a settlement by Northwestern Energy could result in a more than 9% monthly increase in ratepayers bills or another $4.74 more a …
Oklahoma Senate Energy Committee to meet
A number of energy-related bills will be taken up Thursday during a meeting of the Oklahoma Senate Energy Committee. AGENDA: HB1220 By West (Kevin) et al of the House and Standridge of the Senate (Proposed Comm. Sub., req. #2027) Utilities; securitization revenue stream of certain obligations issued by the Development Finance Authority; legislative findings in regards …
OKC oil production company gets Supreme Court win
The Oklahoma Supreme Court has reversed a lower court’s decision in the case of Oklahoma City oil and gas producer Charter Oak Production and a saltwater spill from a leaking pipeline. The lower court had originally ruled against Charter Oak Production which had sought damages from JM Eagle, Inc. and Rainmaker Sales, Inc. who …
Oklahoma energy stocks finished Tuesday with mixed results
Oklahoma energy stocks finished Tuesday’s trading with mixed results while oil prices saw little change. Investors are still trying to figure what will happen to global oil demand amid the on-again, off-again tariffs by President Donald Trump. As for energy stocks in Oklahoma, some saw up to a 5% loss for the day while …
Can Williams Cos. beat its 4Q financial results?
After reporting a 2024 record year, Tulsa’s Williams Cos. plans to announce its first-quarter 2025 financial results after the close of markets on Monday, May 5. The company will hold a conference call on Tuesday, May 6 at 8:30 a.m. Central Time where executives will discuss the results. Williams is coming off record net …
Will chemical firm LSB Industries see stronger results in coming 1Q?
The first quarter results for Oklahoma City’s LSB Industries, Inc. will be made public after the close of the stock market on Tuesday, April 29. Investors no doubt are asking—will things improve? LSB finished Tuesday’s trading this week with a 13 cent or 2.42% fall to $5.24 per share. The company announced its management …
