Category: Oil & Gas

Energy briefs

** A U.S. EPA document shows the Trump administration intends to exempt 47 coal power plants from updated mercury and toxic emissions rules, including the Colstrip and Apache facilities in Montana and Arizona. ** Tri-State Generation and Transmission proposes a 307 MW natural gas plant and a 200 MW battery storage system in northwestern Colorado …

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Nasdaq threatens to delist Stardust Power

  Stardust Power, the startup lithium mining company that broke ground earlier in the year on a site in Muskogee, has been notified it no longer meets standards and rules to be listed for trading on the Nasdaq Stock Market and if it doesn’t take corrective action, it will be delisted. Notification came April 3 …

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State energy stocks mostly back into positive trading territory

  For a second day of trading, Oklahoma energy stocks saw performances into positive territory as they started the week with more gains than losses. Last Friday, they also rebounded from the large 20% losses inflicted during the tariff war. PHX Minerals had the largest percentage gain at more than 4% but one exception was …

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ONG rate case leads to fight over who can challenge it

  If approved, a request by Oklahoma Natural Gas Company to increase its base rates by more than $41 million could mean higher gas bills for the firm’s 924,000 customers. But before a decision is made, regulators and a judge had to decide about who could intervene and challenge the case. The Oklahoma Corporation Commission …

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Vital Energy’s annual meeting to be held in May

  Vital Energy announced its annual shareholders meeting will be held in May. The Tulsa company, in a proxy statement filing with the Securities and Exchange Commission said the May 22 meeting will begin at 9 a.m. at the Santa Fe Plaza building, 521 E. 2nd Street in Tulsa. All stockholders of record as of the …

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Increased natural gas production in Eagle Ford region

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 While some energy firms have in recent years stepped away from their oil drilling exploration in the Eagle Ford region of South Texas, most notably Expand Energy and its sale of assets there, the federal government reports there has been an increase in natural gas production …

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New Mexico congressional delegation fears Trump administration will approve drilling near Chaco Historical Park

  U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Senate Energy and Natural Resources Committee, U.S. Senator Ben Ray Luján (D-N.M.), and U.S. Representatives Teresa Leger Fernández (D-N.M.), Melanie Stansbury (D-N.M.), and Gabe Vasquez (D-N.M.) reintroduced the Chaco Cultural Heritage Area Protection Act, legislation to protect Chaco Canyon and the greater sacred landscape surrounding …

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Energy briefs

** BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year. The exploration well was drilled in Green Canyon Block 584 about 120 miles (193.12 km) off the coast of …

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Protecting ratepayers as Data Center growth puts more pressure on electric grids

  We’ve written numerous times how the growth of data centers in Oklahoma and across the country has created pressure on electric grids and utilities to come up with more power. It has even prompted northeastern states to change their minds to some extent about the use of natural gas. Where they once opposed it, …

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Mammoth Energy makes $109 million sale of subsidiaries

  Mammoth Energy Services, Inc. announced that its subsidiary Lion Power Services LLC has completed a transaction to sell all equity interests in its wholly-owned subsidiaries 5 Star Electric, LLC, Higher Power Electrical, LLC  and Python Equipment LLC , to Peak Utility Services Group, Inc. for an aggregate sales price of $108.7 million. At the …

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