The Williams Company is moving quickly ahead with plans to expand a natural gas pipeline in North Carolina. Representatives of the Tulsa-based company gave a presentation in recent days with officials of one of the three counties where Williams plans to add 28 miles of pipeline to its Transco network. Williams intends to …
May 2025 archive
Shareholders cast their votes at OGE annual meeting
Results of the annual shareholders meeting of Oklahoma Gas and Electric were made known following the May 15 voting. Shareholders elected 10 members of the Board of Directors, ratified the appointment of Ernst & Young LLP as OGE Energy’s principal independent accountants for 2025 and also approved the compensation paid to named executives. Shareholders …
OCC warns of licensing rule enforcement
The Oklahoma Corporation Commission’s Petroleum Storage Tank Division issued a stern warning in recent days about operators who are tardy in filing “mandatory paperwork.” “Due to an increase in the failure to submit mandatory paperwork, test results, scheduling forms, and/or reports within the required timeframes established, licensees are advised that effective July 1, 2025, …
Former Biden Interior Secretary accuses Trump of trying to kill clean energy jobs in New Mexico
Former Interior Secretary Deb Haaland, now a candidate for governor in New Mexico is on her campaign soapbox criticizing the Trump administration for its tax cuts she contends will hurt her home state’s clean energy economy. In a social-media campaign video, the longtime Democrat accused the President of attempting to kill renewable energy jobs …
Gulfport makes $15 million share buyback
Gulfport Energy Corporation moved this week to repurchase nearly $15 million of stock from shareholders as part of a $1 billion buyback plan initiated by the Oklahoma City company. As explained in a filing with the Securities and Exchange Commission, the company entered into a purchase agreement with certain accounts managed and advised …
Legislators ask Supreme Court for ruling in OGE rate case and Todd Hiett
The three legislators who filed suit with the Oklahoma Supreme Court challenging some utility rate cases because they involved the vote of Corporation Commissioner Todd Hiett have restated their case with the court. In a filing of a “motion to retain”, Reps. Tom Gann, Kevin West and Rick West, asked the court to …
Oklahoma now home to a “behind the meter” law
A so-called “Behind the Meter” bill is becoming law after it was signed this week by Oklahoma Gov. Kevin Stitt. Sen. Grant Green, R-Wellston authored Senate Bill 480 which he contends will increase economic development in the state. Green says the law could generate billions in new private-sector investment, empower businesses to develop …
Possible nuclear deal with Iran sent crude oil prices down Thursday
The growing prospect of a U.S. and Iranian nuclear deal sent crude oil prices falling on Thursday. Investors believe if a deal is struck it might result in Iran being allowed to release more crude oil into the global market. U.S. President Donald Trump said on Thursday that the U.S. was getting close to …
Trump White House to review EPA’s blended fuels mandates
Two years after the operators of the CVR Refinery in Wynnewood, Oklahoma joined other small refinery firms in challenging the Biden administration’s EPA decision against granting waivers of biofuel blending mandates, the Trump administration might reverse things. Current Environmental Protection Agency Administrator Lee Zeldin told lawmakers this week he wants quick action on …
Oklahoma reports increased revenue from oil and gas gross production tax
Oklahoma State Treasurer Todd Russ reports the state is seeing an increase in revenue from its Gross Production Tax on oil and gas. In his April report released this week, the treasurer said the tax revenue equaled $88 million for April and the division saw an overall increase over March of $11.45 million …