Crude oil prices made more gains on Tuesday following some positive economic indicators worldwide. Oklahoma energy stocks recorded improved trading but some also suffered 5% and 6% losses. Investors at the same time were cautious as they focused on an approaching OPEC+ meeting where members will decie whether to increase the August oil …
July 1, 2025 archive
Lankford calls it a “big beautiful win” for Oklahoma businesses and workers
Oklahoma U.S. Sen. James Lankford says the Senate passage of President Trump’s One Big Beautiful Bill was a “big beautiful win for Oklahoma families, workers, seniors and small businesses. It was his reaction after he was among the Republican Senators who supported the measure which approved on a 51-50 vote Tuesday. The Senator …
Energy Workforce Council praises passage of Beautiful Bill saying it will restore energy stability
Houston-based Energy Workforce & Technology Council called the U.S. Senate approval of the President’s “Big Beautiful Bill” a strong step toward restoring stability to the country’s energy sector. It said the bill not only includes critical energy provisions but will ensure that U.S. oil and gas remains the backbone of global energy security. “Reliable energy …
First of new monster transformers arrives at OGE plant in Harrah
Oklahoma Gas & Electric Company (OG&E) transported massive equipment – including half-million-pound transformers – across 44 miles of Oklahoma County to its Horseshoe Lake Power Plant in Harrah. Once installed, the new natural gas units, set to begin operation in late 2026, will replace two aging units at the power plant, providing increased …
Refining capacity in US didn’t improve much in the past year
Based on a new government report, the refinery capacity across the U.S. didn’t change much in the past year. The U.S. Energy Information Administration released its latest annual Refinery Capacity Report, showing that the U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) on January …
ONEOK’s 2Q earnings expected to be strong again
The second quarter earnings report from ONEOK, Inc. won’t be released for another month. But leaders expect stronger results, just as they saw in the first quarter. The Tulsa company announced it will release the results after the close of markets on Monday, August 4. A conference call by the company’s management team …
Mammoth Energy now under new leadership
Mammoth Energy Services, Inc. announced its board of directors recently appointed former company CEO Phil Lancaster to be a non-independent voting member of the board following his stepping down as CEO. The appointment was effective July 1, 2025, according to company filing with the SEC. The decision was made while Lancaster was still CEO. …
Another wind farm fight right across the state line
Another wind farm fight is brewing and it’s not in Oklahoma, but in neighboring Arkansas and right across the state line in Washington County. According to KFSM TV news , some residents want a pause in the proposed project and that they are not calling for a total ban of the …
Shakeup in attorneys representing Oklahoma in Supreme Court challenges of Todd Hiett’s votes
Two attorneys who represented the state in the Supreme Court lawsuit filed by a legislator challenging the utility rate votes of Corporation Commissioner Todd Hiett are no longer on the case. One has left the Attorney General’s office and the other is no longer representing the Corporation Commission but joined the AG’s office. …
PSO assumes ownership of Green Country power plant
With the recent approval of Oklahoma Corporation Commissioners, Public Service Company of Oklahoma officially took control of the Green Country Power Plant in Jenks. The $730 million acquisition, okayed by commissioners on a 2-1 vote and against the recommendation of an Administrative Law Judge, resulted in a $7.19 month increase for ratepayers of …
- 1
- 2