ONEOK Prepares for Q3 Earnings After Strong $841M Quarter Tulsa-based ONEOK Inc. plans to release its third-quarter earnings report on Tuesday, October 28, after markets close. The company’s management team will host a conference call the next morning, Wednesday, October 29 at 10 a.m. CST, to review results and discuss future expectations. The upcoming report …
Holtec ends New Mexico nuclear waste storage project
New Mexico Declares Victory Over Holtec Project As Oklahoma explores the future of nuclear energy, neighboring New Mexico is celebrating a decisive win. This week, Holtec International ended its long-running plan to build a temporary nuclear waste storage facility in the southeastern part of the state. Governor Michelle Lujan Grisham praised the decision as a …
Quarter of Canceled Energy Awards Issued After Biden Loss
Oklahoma Unaffected by Federal Energy Award Cancellations Energy Secretary Chris Wright announced the cancellation of more than 300 Department of Energy financial awards made under the Biden administration. None of the canceled projects were located in Oklahoma. The state, which typically leans Republican in presidential elections, did not receive any of the original awards. Last …
New Mexico Advances PFAS Protection Rules for 2026
New Mexico Pushes Forward on PFAS Rules New Mexico is moving closer to enforcing its PFAS Protection Act.The New Mexico Environment Department (NMED) has asked the Environmental Improvement Board to approve new rules that will start in July 2026. These rules carry out House Bill 212, which bans or labels consumer products containing toxic PFAS …
U.S. Oil Output Hits 13.6M Barrels, Prices to Drop
Record Oil Production Sets New Benchmark The U.S. Energy Information Administration (EIA) reported record-breaking oil output for July, reaching 13.6 million barrels per day.That figure tops the previous month’s total of 13.5 million barrels per day and marks a major milestone for the country’s energy sector. The EIA’s latest Short-Term Energy Outlook also predicted sustained …
Energy Briefs: Coal Sale Delay, Chevron Fire, China Controls
Coal Lease Sale Postponed After Weak Montana Auction The Trump administration has postponed a scheduled coal lease sale in Wyoming just two days after a disappointing turnout in Montana.An Interior Department spokesperson confirmed that the sale — which included 3,508 acres of federal coal reserves in Campbell and Converse counties — had been set for …
Buildup of US crude oil supplies but not at Cushing Hub
National Crude Inventories Climb A buildup in U.S. crude oil inventories is raising eyebrows among investors and market analysts. According to the latest “This Week in Petroleum” report from the U.S. Energy Information Administration (EIA), the nation’s oil stocks increased by nearly 3.8 million barrels in the past week. The EIA reported that U.S. crude …
Ratepayers upset about OGE request for CWIP increases
Not only did Oklahoma Corporation Commissioners get an earful of complaints from ratepayers about the prospect of paying for utility natural gas projects while they are under construction—so did Oklahoma Gas and Electric Company, the firm first in line to ask for such a rate hike. Ten ratepayers, who took the time to …
Crude oil prices grew on increased Russian oil
Growing concerns about possible increased production of Russian oil sent prices up about 1% in Wednesday’s trading and at the same time, there were more worries about increased U.S. oil consumption. Prices actually hit a one-week high, reaching the highest brent close since September 30 and the highest WTI finished since September 29. …
Oklahoma Oil and Gas Expo Brings Industry Leaders Together
Industry Leaders Converge at the Oklahoma State Fairgrounds Energy producers and executives from across the region gathered Thursday for the Oklahoma Oil and Natural Gas Expo at the State Fairgrounds in Oklahoma City.The annual event, a highlight for Oklahoma’s energy sector, celebrates innovation, community, and the people who power the oil and gas industry. Running …