So many data centers are being built or proposed around the nation, including in Oklahoma that it raises questions about the ability of utilities to meet the demand for electrical power and for water. The growth also raises questions of responsibility when it comes to the environment. The U.S. Department of Energy contends the …
Entergy Arkansas has unveiled plans for a new 754-megawatt natural gas-fired power plant in south central Arkansas, replacing a coal-fired plant that will stop burning coal in 2028. The proposed Jefferson Power Station will replace the White Bluff power plant, known for having one of the tallest chimneys in the world at 1,001 …
** Fervo Energy, a startup that specializes in geothermal energy, has started using the same horizontal drilling strategy that revolutionized oil drilling decades ago. The technique not only drills sideways, but it also drills deeper to access a different reserve of heat energy that was previously unavailable. ** General Motors calls EVs its “north star” …
The Board of Directors at SandRidge Energy, Inc. has been increased from five to six members. The decision was reached July 18 and according to a filing with the Securities and Exchange Commission, the new board member is Brett Icahn. His appointment will be effective Aug. 1, 2025. The 45-year old Icahn, a …
Baker Hughes had a strong second quarter with $623 million in adjusted net income, an increase of 22% from the previous quarter and 10% more than a year ago, largely because of improved productivity. Adjusted earnings per share totaled 63 cents beating the estimate of 55 cents from analysts. The company also declared …
For the third consecutive trading day, crude oil prices dropped again on Tuesday while Oklahoma energy stocks reversed Monday’s disastrous losses. Fading hopes for a trade deal between the U.S. and Europe prompted the drop in crude oil prices, leading some to speculate of a coming economic slowdown in the world’s largest oil …
Oklahoma Corporation Commissioners will meet Wednesday to consider an OGE rate hike withdrawal request stemming from a new law the regulators did not support in the most recent legislative session. SB998, which became law without the signature of Gov. Kevin Stitt, prompted Oklahoma Gas and Electric to withdraw its original request for a …
Customers of Evergy Kansas are bracing for another nearly 10% hike in their monthly electric bills, possibly on top of a previously approved 9% jump. A settlement agreement was recently reached for a 9.6% increase in residential base rates and all it needs to become official is approval of the Kansas Corporation Commission. …
Oklahoma is among 36 states across the U.S. with tax incentives to companies building data centers. Some are conservative, such as Oklahoma. Others are liberal. But they all have the same intention of attracting new business and economic wins. However, as OK Energy Today has reported over the past several months, there is also …
Under the Trump administration, any more solar and wind energy projects proposed to be built on federal lands and waters first have to get the stamp of approval from Interior Secretary Doug Burgum. His personal approval. It means, according to documents obtained by Politico that it means there will be increased scrutiny of the projects but …
