Stardust Power Joins Defense-Aligned Lithium Supply Effort Stardust Power Inc., the company building a lithium processing operation in Muskogee, says it has joined the Cornerstone Consortium, a U.S. Department of Defense aligned collaborative framework focused on strengthening the domestic industrial base and securing critical supply chains. What the Cornerstone Consortium Includes The Cornerstone Consortium brings …
Category: Oil & Gas
Two workers critically injured in Canadian County oilfield accident
An intense pressure release of an oilfield pipeline in Canadian County Tuesday morning injured three workers and left two of them in critical condition. As KOCO TV News reported, the two critically injured workers were flown to Oklahoma City hospitals for treatment while the third worker was taken by ambulance to a hospital. The …
Energy Briefs: Supreme Court, Oil, Alaska Drilling
U.S. Supreme Court to Hear Climate Liability Case The Supreme Court said Monday that it will hear from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change. The conservative-majority court agreed to take up a case from Boulder, Colorado, one …
ONEOK recorded dougle-digit earnings growth in 2025
ONEOK Reports Strong Earnings Growth in 2025 While consumers complained of higher rates, ONEOK, Inc. reported double-digit earnings growth in 2025 as announced Monday by the company. “ONEOK delivered another year of double-digit earnings growth in 2025, with increased volumes and continued synergy capture from a multi-year acquisition plan highlighting the value created by our …
Buyer revealed in Ovintiv’s $3 billion sale of Oklahoma assets
Ovintiv revealed this week in a filing with the Securities and Exchange the identity of the company that acquired Ovintiv’s Anadarko Basin assets in Oklahoma as part of a $3 billion sale. The buyer was MidCon II BuyerCo, LLC, according to the filing. MidCon II BuyerCo., LLC is a newly-formed Texas LLC that will hold …
Oklahoma’s most active oil and gas no change in rig numbers
Drilling in Oklahoma’s most active oil and gas plays remained the same last week compared to the previous week, according to the latest Baker Hughes Rig Count. The Cana Woodford remained the most active play in the Anadarko Basin with 22 rigs, same as the prior week. It was followed by the Granite Wash …
Oil prices slip but hold near six-month high
Oil Prices Ease Slightly, Remain Near Six-Month High Despite losses of a quarter of a percent on Monday, crude oil prices were still at a six-month high as a third round of nuclear talks between the U.S. and Iran was set to be held later in the week. Energy markets continue to closely monitor developments …
Energy Briefs: Solar Tariffs, Coal Rules, Nuclear Deal
U.S. Commerce Department Solar Tariff Decision The U.S. Commerce Department will announce whether it will impose tariffs on solar cell and panel imports from India, Laos, and Indonesia. Trump Administration Eyes $25B Nuclear Contract The Trump administration is considering awarding a $25 billion contract to little-known nuclear power company Entra1 Energy, which has fewer than …
$58 billion oil and gas economic impact in Oklahoma in 2024
The people of Oklahoma Oil and Natural Gas are driving the economy of our state—OERB A new report issued through the Oklahoma Energy Resources Board shows the economic impact in the state totaled more than $58 billion in 2024. “Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is …
Hearings conclude into PSO’s $1.2 billion in CWIP projects
After three days of six separate hearings into the $1.255 billion energy expansion projects of Public Service Company of Oklahoma, the case is under consideration by a Corporation Commission judge. It’s a critical case because the cost would be borne by customers of PSO and they will be paying for the projects eve as construction …