Q3 Results Release for Mach Third quarter financial results for Mach Natural Resources will be released this week. However, the Oklahoma City company plans to make the results known on Thursday, November 6 after the close of trading on the New York Stock Exchange. Therefore, traders will digest the data after market close and react …
Category: Oil & Gas
Official—electric co-ops stay away from data centers
“Now, the rise of AI and its driving need for more data center capacity is turning the electricity supply situation upside down across the United States.” A former member of the Colorado Public Utilities Commission warned rural electric co-ops should stay away from making contracts to supply power to AI and data centers. …
Energy Brief: Key U.S. and Global Energy Developments
Energy Brief — U.S. Pennsylvania’s Republican attorney general files charges against a fracking company he says contaminated drinking water in eight counties.However, contamination enforcement fights frequently escalate in shale regions as regulatory scrutiny tightens around fracking contamination claims. Arizona Public Service proposes a new gas plant southwest of Phoenix with a first phase designed to …
Exxon and Chevon push more oil production
Crude Oil Supply and Investor Concerns Even as investors worry about a world glut of Crude Oil following increased production by OPEDC+ countries and oil prices waver with every new development, big oil leaders, Exxon Mobil, Chevron, and Shell continue to hike their Crude Oil production volume. However, supply growth often pressures benchmarks when macro …
SPP creates new director role for risk and tariff compliance
New Leadership Move Inside SPP The Southwest Power Pool said it has created a new position, one to direct the grid’s enterprise risk management program and tariff compliance measures.However, market observers often view leadership structure shifts inside SPP as strategic alignment signals because governance scaffolding shapes long-term reliability, cost, and regulatory posture across the footprint. …
Stardust Power moves forward with Muskogee lithium refinery
Major Strategic Step for Stardust Power Lithium processor Stardust Power Inc. announced another major step in its plans to turn its Muskogee facility into a major source for battery-grade lithium carbonate.However, incremental progress by Stardust Power shows steady execution discipline through staged development steps rather than speculative accelerated scale signaling.Additionally, anchoring supply inside the …
Baker Hughes Rig Count shows Oklahoma rigs hold steady
Weekly Snapshot: Baker Hughes Rig Count Despite a loss of 4 rigs nationally, Oklahoma’s count of active oil and gas rigs was unchanged in the past week, according to the latest Baker Hughes Rig Count. However, Oklahoma Energy operators still track weekly changes closely because drilling stability often signals durable upstream discipline. Additionally, rig plateaus …
Commission review of PSO preapproval could stretch into 2026
Case Timeline Before the Oklahoma Corporation Commission It could be March, 2026 perhaps before the preapproval request totaling $1.2 billion in new energy generation projects by Public Service Company of Oklahoma goes before Oklahoma Corporation Commissioners.However, the official docket identifies the PSO “Generation Preapproval (includes CWIP)” matter under PUD 2025-000064, signaling a lengthy procedural path …
New Mexico refinery fire injured three workers
Fire Breaks Out at HF Sinclair Navajo Refinery in New Mexico A fire at the HF Sinclair Navajo Refinery at Artesia, New Mexico on Friday left three workers injured. The injuries created immediate concern across the southeastern region of the state. This refinery carries massive economic impact and regional energy influence because of the size …
AEP Capital Expenditure Surge Driven by Oklahoma Demand
Why AEP capital expenditure is rising now A rapid upswing in Oklahoma energy demand drives timing and scale. Companies add load quickly, and grid planners must respond. Therefore, AEP capital expenditure grows aggressively to meet firm contracts and expected large-load arrivals. In addition, industrial electrification, AI compute, EV charging, and data centers keep stacking new …