May 5, 2025 archive

New leadership at Williams as new President and CEO is named

  Williams in Tulsa is about to come under the leadership of a new president and CEO as longtime leader Alan Armstrong is moving up as executive chairman of the company’s Board of Directors. Taking his place as president is Chad Zamarin, currently executive vice president of Corporate Strategic Development. He will succeed him as president …

Continue reading »

Oil prices down—Brent crude close to falling less than $60

    Not only did crude oil prices fall more than $1 a barrel on Monday, but Oklahoma energy stocks suffered as well with at least two firms recording more than 9% losses in the value of their stocks. The decision by OPEC+ to speed its output increases raised concerns about the global supply and …

Continue reading »

Treasurer says Senator’s op-ed piece was “misleading” about energy discrimination Act

    Oklahoma Treasurer Todd Russ is swinging back at a Tulsa State Senator who endorsed a legislative bill to remove enforcement of an anti-energy discrimination law and put it in the hands of the Attorney General. Sen. Dave Rader issued an op-ed piece last week supporting SB714 which arose from the ongoing dispute between …

Continue reading »

Rain, cool weather and more flooding likely in Oklahoma this week

  It promises to be a rainy week across much of Oklahoma. Cool too. “We’ll see chances for some strong-to-severe storms, but not bigtime May severe weather like we’ve seen in the past,” declared Oklahoma Mesonet Climatologist Gary McManus in his Monday weather update. As for Wednesday’s storm chances? While the chances of severe weather are low, …

Continue reading »

NGL Energy Partners LP announces recent asset sales and other cash proceeds totaling approximately $270 million

  NGL Energy Partners LP announces the closing of multiple asset sales, including the previously announced sale of 17 of its natural gas liquids terminals and the Green Bay terminal. The total amounted to nearly $270 million. In addition, NGL closed on the sale of its Rack Marketing refined products business, its Limestone Ranch ownership, …

Continue reading »

Broadband expansion to be launched in NE Oklahoma

  Northeast Oklahoma is where the Oklahoma Broadband Office plans to launch its latest expansion of services. The Oklahoma Broadband Office will officially launch broadband expansion projects with internet service provider Totah Communications to improve access to high-speed internet service in two Oklahoma counties (Washington and Osage). The projects will enhance digital access to provide …

Continue reading »

Power outage report shows PSO customers had longer wait

    A new report shows Public Service Company of Oklahoma customers waited longer than customers of any other of the five electric utilties to get their power restored during an electrical outage in the state. The 2025 Reliability Scorecard included reliability data from five electric utilities regulated by the Commission. “Of Oklahoma’s five electricity …

Continue reading »

Lithium refinery operator reaches power agreement with OGE

  Developers of a proposed lithium refinery in Oklahoma took another major step toward construction of the project launched earlier in 2025. Stardust Power Inc., the Connecticut based company, announced the execution of a key service agreement with Oklahoma Gas and Electric Company to develop an electric substation on Stardust Power’s site marking a significant …

Continue reading »

Oklahoma joins lawsuit challenging Vermont climate law

  Oklahoma Attorney General Gentner Drummond is among 24 attorneys general representing states that joined a lawsuit challenging Vermont’s climate Superfund law. Their lawsuit filed late Thursday of last week challenges the Vermont law enacted last year imposing fines on fossil fuel producers for the greenhouse gas emissions caused over a 30-year period. The states, along …

Continue reading »

Energy briefs

** Sunoco and Canada-based Parkland Corp. announced an agreement May 5 in which Sunoco will acquire all outstanding shares of Parkland for about US$9.1 billion (CA$12.56). The deal, which includes assumed debt, positions Sunoco for expanded operations across a larger service area. ** Seventy-two of Indiana’s 92 counties have a moratorium or ban on utility-scale renewable energy …

Continue reading »