The number of oil and gas rigs in Oklahoma increased in the past week as did the rig count across the U.S. according to the latest Baker Hughes Co. report. Oklahoma’s count grew by two in the past week to reach a total of 55, ten more rigs than a year ago. The …
While crude oil prices finished higher on Friday, most Oklahoma energy stocks closed down for the day. Despite the gain in crude oil prices, they still finished with a weekly drop, thanks in large part to the uncertainty around the tariff talks between the U.S. and China, reported Reuters. There was a sign …
Oklahoma’s Court of Civil Appeals has reversed a Garfield County District Judge’s ruling against Continental Resources Inc. in an 8-year legal fight over natural gas purchase agreements and attorney fees. The Court declared the ruling by District Judge Tom Newby should be reversed in favor of Continental Resources which had been in a …
Interior Secretary Doug Burgum wasn’t the only national Trump administration energy leader to attend a recent gathering of energy representatives at Oklahoma State University’s Hamm Institute for American Energy for the Powering AI: Global Leadership Summit. The one-day, high-level summit focused on solving one of the most pressing challenges of our time: how to …
A plan by U.S. Interior Secretary Doug Burgum to open federal lands to mining and drilling has already drawn fire from opponents who say it’s all about corporate profits. “This aren’t concerned about what our children lose from this,” said one in reaction to Burgum’s comments that came during the Powering AI Global Leadership …
Williams announced that Larry Larsen has been appointed Executive Vice President and Chief Operating Office, overseeing all aspects of the company’s transmission, storage and gathering and processing operations, effective May 3, 2025. Larsen will replace Micheal Dunn, who announced his planned retirement from Williams last month. Larsen currently serves as Williams Senior Vice …
AEP Texas announced it is set to build one of the first 765-kV transmission line projects in the Electric Reliability Council of Texas (ERCOT) to support the growing electricity needs of the Permian Basin. The Howard-Solstice Transmission Line Project is one of three 765-kV transmission lines to be constructed along the 765-kV import paths …
Public Service Company of Oklahoma announced the completion of an infrastructure project aimed at improving power reliability for the communities of Chelsea and Foyil in northeastern Oklahoma. The company explained that the project, part of the Distribution Automation Circuit Recovery (DACR) program, involved upgrading and rebuilding power lines between Chelsea and Nowata, which will …
The latest dividend to be declared by ONEOK, Inc. totaled $1.03 per share. The company announced it is the same amount as paid in the prevous quarter and resulted in an annualized dividend of $4.12 per share. The dividend is payable May 15, 2025, to shareholders of record at the close of …
** The U.S. Interior Department orders environmental reviews for fossil fuel and mining projects — but not wind and solar projects— to be reduced to no more than a month, leading to praise from the oil and gas industry but criticism from environmental groups. ** The amount of power used by data centers has tripled …
