Oklahoma Corporation Commissioners to Hear Utility Cost Requests Oklahoma Corporation Commissioners have been asked to decide two significant utility requests for costs associated with their expanded energy generation projects and in each case, it could have a direct impact on the electric bills of residential ratepayers. They will join an administrative law judge in a …
OCC Division Seeks Independent Oversight of OG&E Bidding Process A division of the Oklahoma Corporation Commission wants to closely monitor Oklahoma Gas and Electric Company’s competitive bidding in its growing electric generation projects. It is not considered an unusual move but simply another tool in making sure consumers have a watchdog on their side. The …
Sen. Lankford targets energy spending in ninth “Federal Fumbles” report Oklahoma U.S. Sen. James Lankford released the ninth edition of his “Federal Fumbles” report, a recurring publication that highlights federally funded projects he argues demonstrate wasteful spending, inefficiencies, fraud, and improper payments across the federal government. Energy-related programs were among those cited in the report, …
Oil Prices Slide as Iran Tensions Ease, Gas Plunges Crude prices retreat after strong January gains After posting their biggest monthly gains since 2022, crude oil prices dropped sharply Monday as geopolitical tensions between the United States and Iran appeared to ease. Iran is the largest member of the OPEC+ alliance, and any sign of …
FERC approves Transco Southeast Supply Enhancement Project The Federal Energy Regulatory Commission (FERC) has approved Transco’s Southeast Supply Enhancement Project, clearing the way for expanded natural gas pipeline capacity serving Virginia and North Carolina as utilities work to meet growing demand. South Dakota governor seeks funding to study nuclear energy South Dakota Gov. Larry Rhoden, …
Staghorn Petroleum Meets With Families After Blanchard Well Blowout The operator of an oil well that blew out near Blanchard last week has begun meeting directly with residents who were forced to evacuate their homes following the incident. According to KFOR TV, representatives from Staghorn Petroleum started holding meetings Monday with affected families as part …
Oklahoma Bill Seeks to Shield Oil and Gas Firms From Climate Lawsuits A bill filed ahead of the Oklahoma Legislature’s 2026 session aims to significantly limit civil lawsuits against oil and gas companies, particularly those alleging responsibility for climate change and greenhouse gas emissions. Energy Security and Independence Act Introduced Senate Bill 1439, filed by …
The drilling activity in one oil and gas play in Oklahoma saw a jump of 5 rigs in the past week, reported the latest Baker Hughes Rig Count. The state went from 43 rigs last week to 46 this week but the jump of 5 rigs was recorded in the Cana Woodford where the …
Even as Coterra Energy is being taken over by Oklahoma City’s Devon Energy in what’s being hailed as a merger worth $58 billion, Coterra still plans an upcoming release of its fourth-quarter and full year 2025 financial and operating results. The firm intends to release the report on Thursday, February 26 after the market …
The Petroleum Alliance of Oklahoma normally does not issue statements or comments about mergers and acquisitions in the oil and gas industry. But after reconsideration when pressed Monday, the Alliance’s President Brook A. Simmons did issue a formal statement. “Mergers, acquisitions, and divestitures have been part of this industry since the beginning. The combination …
