May 2025 archive

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, …

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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, …

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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 …

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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 …

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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 …

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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 …

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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 …

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Oklahoma gasoline prices still among some of the lowest in the U.S.

  Oklahoma’s gasoline prices aren’t the lowest in the U.S. but according to the U.S. Energy Information Administration, they’re in the top three states for lowest in the U.S. The average price of $2.76 per gallon is also more than $2 less a gallon compared to drivers in California where the average is $4.85 per …

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Rig counts remain steady in Oklahoma’s oil and gas plays

  Oklahoma’s oil and gas plays managed to hold their own over the past week in terms of the number of active oil and gas rigs. Baker Hughes reported no losses of rigs in the state and it included the Cana Woodford which remained at 18 for its count. It is Oklahoma’s most active play …

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Nine Energy warned by New York Stock Exchange

    The financial challenges of Houston’s Nine Energy Service, Inc. have resulted in the firm being warned of noncompliance with the New York Stock Exchange. The company announced it was informed April 30 of the noncompliance of the NYSE rules because its average closing prices of common stock had fallen below $1 a share …

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