Stardust Power Inc., the firm that launched a lithium processing plant in Muskogee, Oklahoma in January took a big step this week in order to regain full compliance with Nasdaq’s listing requirements. The Greenwich, Connecticut-based company announced its Board of Directors approved a 1-for-10 reverse stock split of the Company’s common stock. The …
Crude oil prices slipped 1% to a two-week low in Thursday’s trading, thanks largely to a surprise buildup of U.S cruce oil inventories in the past week, including at the Cushing Hub as reported elsewhere in our OK Energy Today newsite. This week’s meeting of OPEC+ producers also played a role in the …
Crude oil supplies across the U.S. and including at the Cushing Hub in northern Oklahoma increased as of the most recent reporting period. But gasoline supplies saw a decline. A new report from the U.S. Energy Information Administration showed total oil stocks in the U.S. jumped by 2.4 million barrels. The gain went …
ConocoPhillips and Monkey Island? It’s not Monkey Island at Oklahoma’s Grand Lake but rather a Louisiana-based LNG company that announced it picked ConocoPhillips and its specialized liquefaction technology for the firm’s planned 26 MTPA natural gas liquefaction and export facililty n Cameron Parish, Louisiana. The technology at ConocoPhillips is known as Optimized Casdade Process. …
A dividend of $1.25 per share was announced by Unit Corporation in Tulsa. The energy company said the dividend for the third quarter of 2025 will be paid on September 26 to sharaeholders of record as of the close of business on September 16. The quarterly cash dividend will be funded by cash …
Legislators get some advice about public policy plans for Oklahoma’s renewable energy. Don’t mess things up! It’s the main focus of today’s Scott Mitchell talks energy with Jerry Bohnen. Plus, the two highlight the growing demand for electricity.
Wind farm setbacks and funding of the Oklahoma Corporation Commission’s Oil and Gas Conservation Division critical mineral strategy will be the focus later this month of an interim hearing to be held by the Oklahoma House Energy and Natural Resources Committee. Scheduled for Monday, September 29 at 9 a.m. , the hearing will also …
The Edison Electric Institute (EEI) recently awarded Oklahoma Gas and Electric Company (OG&E) two Emergency Response Awards recognizing the electric company’s restoration efforts following the March and May severe weather events. In March, OG&E’s response to severe winds and wildfires in Oklahoma earned them a Recovery Award when a dedicated team of over 700 …
** Growing international demand is causing natural gas prices to rise, which will in turn push U.S. electricity prices higher now that about 40% of U.S. generation comes from natural gas, according to the Institute for Energy Economics and Financial Analysis. ** U.S. imports of biodiesel and renewable diesel significantly decreased in the first half …
Crude oil prices tumbled more than 2% on Wednesday and Oklahoma energy stocks felt the pain as well with several firms recording losses of 4% and 5%. The oil price plunge came days ahead of the weekend meeting of OPEC+ producers who are expected to support the idea of another increase in production …
