Category: Oil & Gas

US and Iran to talk….move sent crude oil prices falling 3%

Crude oil prices finished down nearly 3% on Thursday and it came after the U.S. and Iran reached an agreement to hold talks Friday in Oman, a move that eased growing global worries about crude oil supplies from Iran. The discussions come as the U.S. builds up forces in the Middle East, and regional players …

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Largest Gas Power Project in U.S. History

    Texas regulators have  issued the largest air pollution permit in the country to a developer building a massive and sprawling ranch of gas power plants and data centers in west Texas. Pacifico Energy, an investor-owned infrastructure company, called its 7.65 gigawatt GW Ranch in Pecos County “the largest power project in the United …

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Funding approved for low income energy assistance

Oklahoma’s share of federal funding for low-income Home Energy Assistance was assured this week when Congress passed funding for the entire national program with a $20 million increase in funding from current levels. It was the first funding increase the LIHEAP program has received since FY2024 and comes as affordability takes center stage in the …

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Late 2025 boost for Alliance Resources

Coal-mining giant Alliance Resource Partners, L.P. in Tulsa announced it had a stunning and soaring gain of adjusted earnings in the fourth quarter of 2025. The company reported fourth quarter financial and operating results which produced a 406.2% increase in Adjusted EBITDA of $191.2 million. Its year-over-year Adjusted earnings gained 54.1%. Alliance recorded $82.7 million …

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Quarterly financial results to be released by Expand Energy

Expand Energy is planning a mid-February release of its 2025 fourth quarter and full year financial results. The Oklahoma City company will release the report after the market closes on February 17. Leadership will discuss the results the next day during a conference call scheduled to start at 8 a.m. CST. Expand acquired Southwestern Energy …

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Second state rules anti-ESG law is unconstitutional

Two years after an Oklahoma judge ruled the state’s 2022 Energy Discrimination Act  or “anti-ESG” was unconstitutional, a ruling still on appeal with the State Supreme Court, a federal judge in Texas has made the same kind of ruling on the state’s similar law. The Energy Discrimination Act in Oklahoma was created in response to …

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News briefs

** House lawmakers on Tuesday grilled members of the Federal Energy Regulatory Commission about electric affordability, grid reliability and the agency’s reviews of natural gas pipelines and liquefied natural gas projects. ** Xcel Energy says Permian Basin electricity demand driven by the oil and gas industry, new data centers, and nuclear manufacturing facilities threatens to outpace generation …

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Bill calls for Oklahoma landowners to vote on data center sites

Not just data centers are targeted under Rep. Molly Jenkins‘ “Rural Landowners Protection Act,” but so are wind farms,  battery storage projects, carbon capture and transmission lines. The bill would give the power of rejection to adjacent landowners. The Republican from Coyle filed HB3095 as a means of giving landowners near proposed data center sites …

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Google data center receives support of Sand Springs city council

  Jeers and cheers erupted this week after the Sand Springs City Council voted 6-1 Tuesday night to rezone land and make way for a proposed 827-acre Google data center. White Rose Partners is the developer who intends to build the data center to be run by Google along Highway 97. Approval came despite receiving …

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Energy Briefs: Jobs, Data Centers, Power and Oil Markets

Houston Oil and Gas Job Losses Forecast A Houston-area employment forecast finds that lower oil prices, corporate consolidation, and efficiency gains will lead to thousands of job losses in the oil and gas sector this year. Senate Bill Targets Data Center Power Costs Data centers have grown in recent years to support the rise of …

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