Unit Corporation announces dates for dividend payments

  Unit Corporation announced payment dates for its quarterly cash dividend. The Tulsa company said the quarterly dividend of $1.25 per share of common stock for the first quarter of 2026 will be paid on March 27, 2026. Payments will be made to shareholders of record as of the close of business on March 17, …

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Energy Brief: SPR call, AES deal, Venezuela oil

Strategic Petroleum Reserve and gasoline price concerns ** Senate Minority Leader Chuck Schumer (D-N.Y.) Sunday called on President Trump to release oil from the national stockpile to counter soaring gasoline prices. Electric utility leadership change at AEP Texas ** American Electric Power named Adrian Rodriguez as president and chief operating officer of AEP Texas replacing …

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Nuclear power study finished in Oklahoma

Nuclear power in Oklahoma? It’s what the Oklahoma Corporation Commission spent the past year studying as the result of a bill passed last year in the legislature. The conclusion to the question? “At the highest level, there’s a conclusion that the establishment of nuclear energy in Oklahoma is feasible, “said Mark Argenbright, Public Utilities Division …

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Mitchell talks energy with Jerry Bohnen–Harold Hamm, $90 oil and the war against Iran

https://www.facebook.com/reel/1923835145216108 What a week for energy!  $90 oil amid the war against Iran, oilman Harold Hamm reportedly wants to be a US Senator, and OGE goes to the Supreme Court. Topics probed on Scott Mitchell talks energy with Jerry Bohnen.

Energy briefs

**  President Donald Trump said he was not concerned about rising U.S. gas prices driven by the widening Iran conflict, telling Reuters in an exclusive interview that the U.S. military operation was his priority. “I don’t have any concern about it,” ‌he said, when asked about the higher prices at the pump. “They’ll drop very rapidly …

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Legislators kill bill targeting medical waste incincerators

A bill aimed at making sure facilities burning regulated medical waste are regulated failed to make it out of an Oklahoma House committee. Rep. Meloyde Blancett’s  HB 4413 failed in the House Appropriations and Budget Committee. The Tulsa Democrat’s bill was designed to combat an initiative by ReWorld Tulsa to transform a 40+ year-old municipal …

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Judge stops Wyoming drilling project of Continental Resources and Devon Energy

  A federal judge has ruled against a massive 5,000-well project in Wyoming involving two Oklahoma oil and gas companies. Continental Resources and Devon Energy, based in Oklahoma City, along with Anschutz Exploration of Colorado were involved in the  Converse County Oil and Gas Project that was nullified in a decision by U.S. District Judge …

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Ascent Resources plans expanded drilling in 2026

An expanded drilling program is the goal of Oklahoma City-based Ascent Resources. The company released its fourth quarter and full year 2025 earnings report an indicated it will increase 2026 land spending by nearly 40% up to nearly $225 million. The company wants to beef up its long-term inventory and also take advantage of the …

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Oil tax revenue dropped last month in Oklahoma

  Gross production tax revenue for the month of February in Oklahoma took a nearly 10% drop, according to the February Revenue report issued by the State Treasurer. The tax revenue from oil and gas production was $87.4 million with a decline of 9.9% in the last year, reported Treasurer Todd Russ. “February’s report reflects …

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Tulsa city council asked to implement data center moratorium

  Tulsa City Council members are being asked to consider a one-year moratorium on approval of any data centers in the city. The issue as presented by councilwoman Laura Bellis is on the agenda for Wednesday’s meeting. 6. ORDINANCES ‐ FIRST READING a. Consideration and possible approval, adoption, denial, amendment or revision of an Ordinance …

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