Category: Oil & Gas

Commissioners stand by their denial of CWIP costs by OGE—OGE plans an appeal

With a split vote on Thursday, Oklahoma regulators stood by their original denial of allowing Oklahoma Gas and Electric to charge ratepayers for an energy expansion project while it is under construction. The utility offered immediate reaction in which it said it plans to appeal to the Oklahoma Supreme Court. “OG&E is disappointed the Oklahoma …

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Chevron Warns Newsom Policies Threaten CA Refineries

Chevron Warns Newsom Climate Policies Could Threaten Refineries, Jobs and Fuel Prices Chevron is raising serious concerns about California climate regulations promoted by Gov. Gavin Newsom, warning the policies could damage the state’s economy, threaten refinery operations and increase fuel prices for consumers. The warning came in a letter from Chevron President Andy Walz to …

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Gulfport Energy makes $17 million share buyback

Gulfport Energy Reports $17.2 Million Share Buyback Oklahoma City-based Gulfport Energy Corporation reported this week the buyback of more than 84,000 shares of its common stock as part of the company’s $1.5 billion common share repurchasing program. The deal totaled $17.2 million in value. Repurchase Agreement Filed With SEC It reported in a filing with …

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Energy Briefs: Gas prices, LNG disruption, nuclear

U.S. gasoline prices and infrastructure developments ** The average U.S. regular gasoline price is now $3.25 per gallon, up 25 cents this week, per AAA. ** Fort Smith, Arkansas will have more than another decade to complete federally mandated sewer system upgrades after the city completed a modification to its Consent Decree with the Environmental …

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Continued fighting sends crude oil prices upward, but they’re not skyrocketing

The military attacks on Iran and its responses sent global oil prices to $84 a barrel at one point during Wednesday’s trading. US prices have climbed to about $75 a barrel. Brent crude finally finished the day at $81.67 a barrel while West Texas Intermediate, considered the U.S. benchmark, closed at $75.21 per barrel on …

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Senate committee approval for bill expanding Open Meeting Act

  While a state House committee recently approved a bill to allow the Oklahoma Corporation Commission to keep certain of its files “confidential” and exempt from the state’s Open Records Act, another effort in the legislature is going the opposite direction. Sen. Mark Mann, D-Oklahoma City, has won the approval of the Senate Judiciary Committee for …

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ONEOK plans annual shareholder meeting

The date for ONEOK’s annual shareholders meeting date was announced this week. ONEOK, Inc. said the 2026 annual meeting will be a virtual one to be held on May 20 at 9 a.m. Central Time. The meeting will only involve “shareholders of record” as of March 23, 2026. They will receive notice of and vote …

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Challenges made to FERC decision in support of Williams Cos.

Environmental Groups Challenge FERC Approval of Williams Natural Gas Pipeline Expansion Tulsa-based Williams Cos. is facing another environmental challenge after the Federal Energy Regulatory Commission (FERC) approved an extension of a major natural gas pipeline project in the Southeast United States. Environmental organizations have asked federal regulators to reconsider their decision authorizing the Southeast Supply …

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Energy briefs

** Texas Railroad Commissioner Jim Wright and challenger Bo French will head to a runoff election, unofficial election results showed Tuesday, as neither could break through the required majority to secure the nomination. The winner will face a Democrat in November. ** On Tuesday, five organizations filed a lawsuit challenging the Trump administration’s approval of an …

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Fuel price increases from the war also hit truckers

    Some of the busiest people around the U.S. this week might be the workers who have to use long poles to change their advertised prices of gasoline and diesel fuel at service station signs. That’s because prices are almost changing by the minute due to the increased bombing and missile attacks on Iran …

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