A new addition to the 21-member Oklahoma Energy Resources Board of directors was named this week. Chuck Walton, with EOG Resources, is a Division Land Manager and has more than 20 years of experience as a Landman. He joined EOG Resources in 2007 and started his career as an Independent Landman before he was …
Oklahoma Corporation Commissioners were told this week if the number of legislative bills dealing with eminent domain, land and other issues directly related to the agency become law, there might be a need to create a new division within the agency. Administrator Brandy Wreath made the suggestion Tuesday in response to a briefing by …
Kansas Attorney General Kris Kobach just sent a shockwave through those hoping to recover millions, or in the case of Oklahoma Attorney General Drew Gentner’s promise of ‘billions’ of dollars, from natural gas overcharges in the 2021 winter storm Uri. Kobach announced this week he had dismissed the lawsuit against Macquarie Energy, the firm …
The Southwest Power Pool, of which Oklahoma is a member, is one of several major electric grids across the U.S. and now the nation’s largest grid wins approval for new power-plant projects to handle the stunning growth of data centers. PJM Interconnection LLC manages a 13-state network including from the East Coast to Chicago …
Crude oil prices hit a two-week high on Tuesday as traders were worried about the sanctions on Russian and Iranian oil supplies. Added to their concern was the increasing Middle East tensions. As a result, both crude benchmarks recorded a third straight day of gains and reached their highest closes since Jan. 28. West …
Even as he is restrained by a judge’s order to no longer enforce Oklahoma’s anti-ESG act, State Treasurer Todd Russ is using the pulpit to speak against the practice by some financial companies. An Oklahoma County District Judge issued an order last year preventing Russ from enforcing the Oklahoma Energy Discrimination Elimination Act adopted …
Stardust Power, the developer of the recently announced construction of a lithium refinery in Muskogee, said this week it has reached a major licensing agreement regarding some of the technology for the Oklahoma plant. The Connecticut-based developer of battery-grade lithium products announced the execution of an exclusive licensing agreement with KMX Technologies, Inc., a …
Not counting this week’s cold weather snap, earlier cold weather resulted in the fourth-largest reported drawdown of natural gas in the country. The U.S. Energy Information Administration reported the mid-January colder-than-normal weather increased natural gas consumption for home heating. During the week ending January 24, 2025, stocks fell by 321 billion cubic feet (Bcf), …
Oklahoma City-based Chesapeake Exploration LLC has lost a Wyoming Supreme Court fight over a breach of contract involving a production company. The Supreme Court Justices recently upheld a lower court ruling against Chesapeake Exploration after it had been sued by Morton Production Company, LLC and accused of breach of contract, violation of the Wyoming …
Talk of tariffs by the Trump administration sent gasoline prices upward in the past week including a 6-cent climb in Oklahoma where the new average is $2.74 per gallon, reported AAA. The state average is still lower than the national average of $3.13 which is 4 cents higher than a week ago. Oklahoma’s average …
