** President Donald Trump has raised tariffs on Indian imports to 50% as part of an ongoing row with New Delhi over its purchase of Russian oil, Forbes reported. The move came the same day that special envoy Steve Witkoff met with Russian President Vladimir Putin. ** Fallout from the One Big Beautiful Bill will curb rooftop solar …
Crude oil prices fell again Tuesday on growing worry over OPEC+ increased production
The OPEC+ decision to increase crude oil production resulted in another drop in crude oil prices on Tuesday. Adding to the momentum was a matter of growing concern about weaker global demand. Then there is the question of when President Trump will follow through with tougher sanctions on Russia over its war in …
Summer returns
The summer heat returns. It’s not a surprise, is it? You knew it was coming, again. Gary McManus, State Climatologist with the Oklahoma Mesonet writes that “we’ve been pretty darned lucky thus far.” In his Tuesday Mesonet update, he explained that the normal statewide average high temperature for June 1 throuogh Aug. 4 is …
Williams 2Q earnings reflect nationwide demand for more natural gas
With a growing demand for natural gas nationwide, you would expect improved earnings for Tulsa-based Williams and that’s just what happened. Not just “improved” earnings but very improved earnings as the company released its second quarter earnings report. As company President and CEO Chad Zamarin said in releasing the figures, “Williams delivered another outstanding …
Coterra reports steady earnings in 2Q and will maintain current operations in Oklahoma
Houston’s Coterra Energy Inc., a firm with significant operations in Oklahoma, reported second quarter financial operating results that were nearly equal of a year ago. The company declared a dividend of $0.22 per share based on $511 million in net income or $0.67 per share. It compared to the first quarter net income …
Houston energy firm chooses ConocoPhillips for its liquefaction technology
Coastal Bend LNG announced it has selected ConocoPhillips’ Optimized Cascade Process liquefaction technology for its planned natural gas liquefaction and export facility on the Texas Gulf Coast. Coastal Bend LNG’s planned development includes multiple liquefaction trains, cogeneration, LNG storage tanks and export facilities. “ConocoPhillips’ technology and expertise provides us with the confidence that …
SandRidge Energy’s 2Q report to be released this week
The second quarter 2025 operational and financial results for SandRidge Energy, Inc. will be released on Wednesday, August 6. The release will be made after the close of trading and company leaders will followup with a Thursday afternoon conference call to discuss the financial results. The call will begin at 1 p.m. Central …
Bosch takes over Norman HVAC plant in more than $8 billion acquisition
Germany’s Bosch company, known for its engineering and technology, recently finished an $8.6 billion acquisition of Norman’s Johnson Controls heating, ventilation and air conditioning plant. It is considered the largest acquisition ever made by Bosch, a move that puts the 1,300 workers at the former Johnson Controls plant under new employment. The deal …
Quarterly dividend announced by ONE Gas
The board of directors of ONE Gas, Inc. (NYSE: OGS) today declared a quarterly dividend of 67 cents per share of common stock, payable Sep. 3, 2025, to shareholders of record at the close of business Aug. 18, 2025. ONE Gas announced previously that it expects the quarterly dividend to be 67 cents per …
Report shows drop in energy employment in July in Oklahoma and nearby states
A new report from the Energy Workforce & Technology Council for July showed another slight drop in energy employoment in Oklahoma as well as other states in the region. A cooling in the U.S. labor market? It’s what the council suggests as it explained total jobs in the sector declined slightly to 633,938, a month-over-month …
