Despite this week’s storms that produced rainfall in some parts of Oklahoma, the western part of the state is still in a Red Flag Warning region. The Oklahoma Department of Agriculture, Food & Forestry said the warning was in effect Thursday in western Oklahoma, a region that did not receive much rainfall this week. …
March 12, 2026 archive
Full-year earnings report issued by Unit Corporation
Unit Corporation reported a 10% increase in revenues from 2024 to 2025, according to the Tulsa firm’s just-released fourth quarter and year-end financial reports. Revenues grew, said the company, “primarily due to higher price realizations for natural gas.” It also said its operating costs decreased 4% from 2024 “primarily due to lower employee costs in …
Baker Hughes raises billions to finance acquisition
Baker Hughes Company just issued more than $9 billion in debt to finance its acquisition of Chart Industries Inc. The acquisition was announced last summer in which Baker Hughes agreed to acquire all of the outstanding chares of chart’s common stock in an deal valued at $13.6 billion. Chart is a global leader in …
SPP makes agreement with Grain Belt Express developers
It’s been a bumpy ride for the developers of the $11 billion Grain Belt Express transmission line to carry wind-powered electricity from southwest Kansas and across Missouri and Illinois to Indiana. But they made another development possible this month. After losing a $5 billion Department of Energy loan last year, the firm behind the 800-mile …
Former Corporation Commission administrator received more than $200,000 in severance
When the Oklahoma Corporation Commission fired Brandy Wreath as Director of Administration in December 2025, it was mum about the reason and any possible financial settlement. Financial records now show Wreath received more than $220,000 in payments in continued salary and settlement with the final payments made just last month. According to the State …
New Mexico reaches agreement over thousands of cattle killed over PFAS contamination
After forever chemicals from an east New Mexico air force base contaminated nearby dairy farms resulting in the euthanization of 3,600 head of cattle, the New Mexico Environment Department has reached agreement with four of the dairies. The Department announced plans to investigate and remediate groundwater contaminated by toxic PFAS from Cannon Air Force Base. …
Legislators urge Supreme Court to end winter storm fleecing of ONG customers
In a scathing filing with the Oklahoma Supreme Court, two of the three legislators who have challenged the state’s use of bonds to allow utilities to pay for fuel costs during the 2021 Winter Storm Uri attacked Oklahoma Natural Gas Company, the Attorney General, Corporation Commissioner Todd Hiett, and former Commission Director of Administration Brandy …