Time for another data center update across the U.S. as technology firms are flexing their construction muscles. The latest? Meta has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally, as large technology companies race to build out the infrastructure needed to power their artificial intelligence ambitions. …
October 23, 2025 archive
Natural gas prices fall but rig counts are up
While natural gas prices took a hit and dropped close to 4% on Thursday, they still have made some gains in the past several days. In a weekly report, the U.S. Energy Information administration reported: Henry Hub spot price: The Henry Hub spot price rose 65 cents from $2.80 per million British thermal units …
Big day for crude oil following new sanctions on Russian oil
President Trump’s move to initiate sanctions on Russian oil in a bid to end the war in Ukraine sent crude oil prices surging 5% on Thursday. Meanwhile, natural gas prices fell nearly the same amount in the day’s trading. Oklahoma energy stocks soared in the day’s trading with several firms recording 4%, 5%, …
Oklahoma Lawmaker Links Water Use to Cedar Threat
Oklahoma Lawmaker Calls Out State Leaders Over Red Cedar Threat Hearing on Water Use Turns to Red Cedar Crisis When a state House committee met this week to discuss water demands for data centers in Oklahoma, the focus shifted quickly. Lawmakers linked the water needs of large data centers to another urgent issue that has …
Rain should bring an end to dry conditions in Oklahoma
Promised Rains May Shift Oklahoma Drought Map The upcoming rains promise a change in the U.S. Drought Monitor map as the end of October nears for Oklahoma. No regions in the state fall into the “Exceptional Drought” category nor are any listed in “Extreme Drought.” With the exception of the northwest and the Panhandle, most of the …
Crude oil supplies fall at Cushing and the US
Oklahoma’s Cushing Hub Sees Inventory Drop Crude-oil stocks at Oklahoma’s Cushing, Oklahoma hub fell last week, according to the U.S. Energy Information Administration (EIA).The amount held at the Oklahoma site dropped by 800,000 barrels from the week of October 10, 2025, when it totaled 22 million barrels. By the week of October 17, Cushing held …
Dividend declared by PSO’s parent company, AEP
AEP Declares Higher Dividend for Shareholders The parent company to Public Service Company of Oklahoma, American Electric Power, headquartered in Ohio, declared a 95-cent-per-share quarterly cash dividend. The announcement confirmed the company’s commitment to consistent shareholder returns and reliable customer service across multiple states, including Oklahoma. The dividend represented an increase of two cents per …
First Texas water lithium extraction plant to begin
Texas Breaks Ground on First Produced Water Lithium Project Ground broke this week on the first produced water lithium extraction project in Texas. Select Water Solutions and Mariana Minerals hosted the ceremony in Joaquin, Texas, in Shelby County. The project marks the first time produced water from oil and gas operations will become a source …
Senate Committee to explore waste heat industry
Oklahoma Eyes Capturing Manufacturing Waste Heat Oklahoma lawmakers are shifting the energy spotlight toward an often-overlooked resource: wasted heat from manufacturing. The move aims to turn byproduct into opportunity for the state’s energy future. Study Focuses on Low-Grade Heat Technology On Thursday, October 30 at 9 a.m., the Oklahoma Senate Energy Committee will convene in …
Williams Expands Louisiana LNG, Haynesville Operations
Williams Expands Louisiana LNG, Haynesville Operations Tulsa-based Williams Companies is expanding its wellhead-to-water strategy with two major Louisiana transactions that showcase Oklahoma’s growing impact on the global energy industry. Williams and Woodside Partner on $1.9 Billion LNG Project Williams announced a strategic partnership with Woodside Energy, Australia’s largest independent oil and gas company, to invest …
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