The Federal Energy Regulatory Commission has scrapped efforts to make changes in its policy on how it assesses proposed natural gas infrastructure projects. The decision came after Energy Secretary Chris Wright issued a late August directive for FERC to end the rulemaking process. he said it created uncertainty for the natural gas sector …
Category: Oil & Gas
SPP makes policy changes to prepare for data centers and big industrial electricity users
In a move to stay ahead of unexpected large users of electricity making power demands on the grid in Oklahoma and other states, the Southwest Power Pool has adopted a process to facilitate the connection of large users of electricity. The board of directors of the SPP, a 14-state power grid, said the …
Economic advisor says ONEOK is a good buy because of its new gas pipeline
ONEOK is getting a boost from one financial website. Insider Monkey calls the Oklahoma-based publicly-traded firm “one of the Best Low Cost Stocks to Buy According to Analysts.” Why? Insider says it’s because of ONEOK’s recent announcement made along with WhiteWater, MPLX and Enbridge to build a new natural gas pipeline called the …
Mach wraps up $1.3 billion in acquisitions
Mach Natural Resources LP announced the completion of its previously announced $1.3 billion in transactions consisting of the acquisition of certain oil and gas assets from Sabinal Energy, LLC and the acquisition of entities owning oil and gas assets managed by IKAV Energy Inc. Tom L. Ward, Chief Executive Officer of Mach, commented, …
Texas refinery makes jet fuel out of Brazilian cattle fat
A refinery in Texas that provides green fuel to U.S. airlines is doing it based on cattle raised on illegally cleared lands in the rainforest of Amazon. Reuters reported Louisiana-based Diamond Green Diesel creates the green airline fuel from animal fat purchased from two Brazilian manufacturers. The news service reviewed government tracking data …
Oil prices gain over more Ukrainian drone attacks on Russian refineries
While crude oil prices finished up by nearly a dollar a barrel on Tuesday because of what Ukrainian drone attacks are doing to Russian oil refineries, Oklahoma energy stocks finished split for the day. In Russia, the country is dealing with gasoline shortages as more and more Ukrainian drones are leaving some of …
Legislators “exasperated” over faulty responses from Corporation Commission in Supreme Court challenge
The three state legislators challenging the Oklahoma Corporation Commission over its use of ratepayer bonds and securitization in support of Winter Storm Uri rate hikes that will exist for 25 years now contend the Commission is not adequately responding to court orders and requests for files and records. Their complaints focused largely on issues …
Energy-related CO2 emissions decreased in every state between 2005 and 2023
A new government report shows Oklahoma had a 28% decline in energy-related CO2 emissions over the 18-years from 2005 to 2023. The U.S. Energy Information Administration reported the Oklahoma reduction was still below the national average of 30% while surrounding states of New Mexico, Colorado and Missouri exceeded the average. Per capita CO2 emissions …
Growth and data centers result in north Texas power demand
For the past few months, OK Energy Today has focused on the power demands of data centers and their phenomenal growth across the U.S. and in Oklahoma. From Pryor to Stillwater and from Chickasha to Yukon, cities are dealing with planned data centers and also the challenge of how to meet their power …
Westin moves closer to full operations of mineral refinery in Lawton
The company behind a proposed nickel/cobalt refiner.y in Lawton says its test operation is running smoothly and leaders are raising millions more for a full operation. Westwin Elements recently completed a feasibility study that is going through a final state of third-party review. It will be delivered to city leaders and the Lawton …