Targeted over its Environmental, Social and Governance policies of a few years ago, BlackRock, considered one of the largest investment firms in the world, has been removed from the blacklist in the state of Texas. A similar blacklisting in Oklahoma remains in effect but the state’s anti-energy discrimination law remains on hold because …
June 3, 2025 archive
Vital Energy’s annual meeting results
The annual meeting of Vital Energy was held recently as stockholders approved some issues. They elected three directors to serve a three-year term. Those chosen included William E. Albrecht, Frances Powell Hawes and John Driver. Stockholders also approved the recommended selection of Ernst & Young as the company’s independent registered public accounting …
Crude oil prices hit 2-week high over world tensions
Crude oil prices made another leap upward Tuesday as Russia and Ukraine tensions remain high and the U.S. is set to continue sanctions on both OPEC+ members Russia and Iran. At the sametime, some Oklahoma energy stocks made large gains of up to 12%. Prices rose about 2% and reached a two-week high. Iran …
Carbon Capture bill signed by governor
A bill aimed at establishing clear guidelines for carbon capture and storage in Oklahoma has received final legislative approval and will take effect later this year. Rep. Ken Luttrell, R-Ponca City, co-authored Senate Bill 269 with Sen. Dave Rader, R-Tulsa, to ensure the state maintains regulatory control over carbon sequestration efforts. The measure gives the …
Wind farm lawsuit still alive—couple makes claims of turbines too close to their home
The very argument that was at the core of debate over a failed wind turbine setback bill in the recent Oklahoma legislative session is being played out in a legal case in court. It involves a western Oklahoma family that filed suit against operators of a wind farm and the couple that leased …
PSO’s ability to produce electricity was a key part of negotiations for $4 billion aluminum plant
As Oklahoma Corporation Commissioners appear bent on supporting the request of Public Service Company of Oklahoma to acquire a power generating plant in Jenks, it also means the ability of PSO to produce dependable electricity was a key part of the recent announcement of a proposed $4 billion aluminum smeltering plant at the …
Oklahoma regulators to meet Wednesday to vote on PSO acquisition of power plant
Oklahoma Corporation Commissioners plan to meet Wednesday to make a possible decision on the preapproval request of Public Service Company of Oklahoma for its acquisition of the Green Country Power Plant in Jenks. Commissioners have indicated their support for the request and at a meeting last week, Commissioner Kim David stated that PSO appears …
Increased opposition to EVs across the US according to AAA
A new AAA survey finds an increased number of new car buyers in the U.S. indicated they are not interested in buying an electric vehicle. The AAA survey found the percentage of consumers indicating they would be “unlikely” or “very unlikely” to purchase an EV rose from 51% to 63%, the highest since 2022. It also …
Meta adds nuclear power on top of Oklahoma wind energy
Just four months after Meta announced an agreement to acquire electrical power from an Oklahoma wind farm as part of its data center growth across the nation, the company signed a 20-year power purchase agreement with the operator of an Illinois nuclear power plant. Constellation’s Clinton nuclear plant will offer 1,121 megawatts of emissions-free …
New $500 million offering in senior notes announced by Ascent Resources
Ascent Resources Utica Holdings, LLC, the Oklahoma City energy company with operations in the Utica Shale play of Ohio announced the offering of $500 million in senior notes. The company and its wholly-owned subsidiary, ARU Finance Corporation, said the offering involves senior unsecured notes due 2033. Ascent intends to use the net proceeds from …
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