Day six of the war between Israel and Iran and crude oil prices rose again on Wednesday. Investors remain worried about disruptions of crude oil supplies coming out of the Middle East, plus the possibility the U.S. might become directly involved. President Trump is coy about what h might do after Iranian Supreme …
Stardust Power Inc., the lithium refinery operator in Muskogee says it made $4.3 million on its recently closed underwritten public offering. In an announcement Wednesday, the Connecticut-based company said the proceeds were from the offering of 21,500,000 shares of common stock. The announcement came one day after Stardust Power shares plunged nearly 53% …
The Oklahoma Supreme Court handed Oklahoma Gas and Electric a victory this week in its challenge of a corporation commission ruling five years ago. The ruling came in an appeal filed by OG&E in a case where the utility provided retail electric service to two sites in the territory of CKenergy Electric Cooperative, …
With U.S. Sen. Chuck Grassley on their side, Representatives in the Iowa State House voted this week to call for a special session to override Gov. Kim Reynolds’ veto of a bill to put more restrictions on proposed carbon capture pipelines in the state. Grassley applauded the override attempt. “This veto was a …
State Rep. Brad Boles, Marlow, announced his candidacy this week for the Oklahoma Corporation Commission. His announcement described him as a candidate with “a proven track record of conservative leadership, private sector success, and deep experience in Oklahoma’s critical energy, utility, and manufacturing industries,” and that he brings unmatched qualifications to the role. …
** The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state’s coast over a period of decades moved out of state court and into federal court. ** A cosmic particle …
A detailed report on the status of Oklahoma’s electric production capabilities and how it corresponds with the regional power grid will be a focus of Oklahoma Corporation Commissioners when they meet Wednesday afternoon. Representataives of the Southwest Power Pool as well as two major utilities, Public Service Company of Oklahoma and Oklahoma Gas and …
After a decline on Monday, crude oil prices gained more than 4% on Tuesday as the fighting continued between Israel and Iran, showing signs that investors are indeed quite concerned the war will disrupt the flow of oil out of the Middle East. Prices had fallen Monday on word that Iran reportedly wanted to …
Add Chevron Corp. to the list of major energy firms entering the lithium mining industry in the Smackover Formation of southern Arkansas. The Houston-based firm announced Tuesday it had entered the U.S. lithium extraction sector with the acquisition of nearly 125,000 net acres involving two deals. One of the acquisitions was from TerraVolta Resources …
Skepticism has turned into activism following last month’s revelation that Luther in eastern Oklahoma County might be the site of a data center. It was May 29 when Beltline Energy, a firm based in Georgia, explained it was considering the construction of a data center within town limits. But now a petition is …
