Category: General

OGE to release 2Q earnings report Wednesday following big 1Q report in March

The second quarter earnings of Oklahoma Gas and Electric will be released early Wednesday morning before the opening of the markets. It comes as the company continues seeing customer growth and some of it is coming from industrial growth in the state. The company intends to hold a conference call at 8 a.m. Oklahoma time. …

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Williams announces quarterly dividend with a more than 5% improvement

    Less than a week before Williams plans to announce its quarterly earnings report, the Tulsa-based natural gas company also approved a regular dividend and an increased amount. The dividend, as approved by the Company’s board of directors, total $0.50 per share or $2..00 annualized on the company’s common stock. It will be payable …

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Petroleum Storage Tank Division to host Industry Roundtable

    The Oklahoma Corporation Commission plans an industry roundtable on Wednesday, July 30 to discuss rules and potential issues in the area of Petroleom Storage Tanks. The agency’s Petroleum Storage Tank Division will hold the annual roundtable at 2 p.m. “The purpose of the meeting is to continue engagement with stakeholders, have open conversations …

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Hotter weather means greater demand for electricity and higher prices in Oklahoma—critical event at OGE

    Hotter weather in Oklahoma means not only higher electricity prices from Oklahoma Gas and Electric Company but a change in an advisory from the Southwest Power Pool. OGE notified customers Monday that the Tuesday rate would be 32 cents per kilowatta hour from 2-7 p.m. but it was followed by a Special Notice …

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Crude oil jumped 2% on Monday following President Trump’s stronger message to Russia

    The weekend trade deal between the U.S. and the European Union sent crude oil prices climbing by 2% on Monday and some Oklahoma energy stocks grew by 5% to 7%. Adding to the increased crude prices was the announcement by President Trump that he will shorten the deadline for Russia to end the …

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Federal land crude oil production grew in 2024 and New Mexico gets a lot of the credit

    A new study by the U.S. Energy Information Administration finds that crude oil production from onshore federal lands has increased in recent years as a result of significant growth in drilling activity and operations and much of it came in New Mexico’s share of the Permian Basin. According to data collected by the …

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Energy Transfer fights Greenpeace and a counter suit over North Dakota Access pipeline

(Amy Dalrymple/North Dakota Monitor)   The fight between the developer of the Dakota Access Pipeline and Greenpeace took another recent step when Energy Transfer asked a North Dakota judge to stop the environmental group from counter-suing it in the Netherlands. Energy Transfer argues Greenpeace is trying to undermine a March jury verdict that ordered the environmental …

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Energy briefs

** Out of nowhere as far as many were concerned, the U.S. Department of Agriculture canceled an important application window for its Rural Energy for America Program, which could send thousands of small farms and business owners scrambling. Canary Media reported that this wasn’t some scheduling hiccup; it was the last chance many had to finance clean energy projects …

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Nation’s utility bills to climb over growth of data centers

  The rush of data centers and manufacturing around the U.S., including in Oklahoma, is resulting in growing energy prices. When the Oklahoma Corporation Commission approved an acquisition of the Green Country natural-gas powered plant in the Tulsa area, part of the decision was based on the ability to meet the growing need of electricity …

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Mitchell talks energy with Jerry Bohnen—bad politics affecting your utility rates

  More examples of bad politics impacting your utility rates. They are discussed in the latest podcast of Scott Mitchell talks energy with Jerry Bohnen. But what about the Oklahoma impact of the President’s latest tariff agreement with the European Union?