Attorney General Gentner Drummond commended the Oklahoma Corporation Commission (OCC)recently for supporting his effort to halt a residential utility rate increase requested by Arkansas Oklahoma Gas Corporation (AOG). In April, AOG filed a rate change application requesting a major base rate increase that would have resulted in an average monthly increase of $6.40 for …
Williams announced that it has closed its acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion. The transaction includes six underground natural gas storage facilities located in Louisiana and Mississippi with total capacity of 115 billion cubic feet (Bcf), as well as 230 miles …
Fuel cost reductions and a shift in interim utility rates will add up to savings in the new year for Public Service Company of Oklahoma (PSO) and Oklahoma Gas & Electric Company (OGE) utility customers in Oklahoma. PSO residential customers will start seeing an average fuel-cost reduction of $15.53 per month on their January bill. Additionally, PSO residential customers …
** Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. ** APA Corp. agreed to acquire Permian Basin shale explorer Callon Petroleum Co. for $2.6 billion, the latest in …
A strike that shut down Libya’s top oilfield added to growing Middle East tensions about global oil supplies and sent crude oil prices up nearly 3% on Wednesday. West Texas Intermediate crude rose $2.32 or 3.3% to close at $72.70 a barrel on the New York Mercantile Exchange. Brent crude gained $2.36 or 3.1% to …
The Southwest Power Pool, of which Oklahoma is a member, announced the naming of Felek Abbas as vice president and chief security officer. The appointment was effective Wednesday. The new position is important to safeguarding SPP’s vital role in grid operations and protecting SPP’s data and personnel. “Cyber and physical security is a very …
U.S. retail gasoline prices in 2023 averaged $0.43 per gallon (gal) less than in 2022, according to data from the U.S. Energy Information Administration’s Gasoline and Diesel Fuel Update. This decline was due, in part, to lower crude oil prices in 2023 compared with 2022 and higher gasoline inventories in the second half of …
Halliburton Company has been named to the 2023 Dow Jones Sustainability Indices (DJSI). 2023 marks the third consecutive year that the company has been named to the list. DJSI assesses the sustainability performance of companies using a transparent, rules-based process based on the annual S&P Global Corporate Sustainability Assessment (CSA). Only the top ranked …
Oklahoma Corporation Commissioners will hold their first meeting of 2024 on Thursday. The agenda includes technical conferences, a 24-hour signing agenda docket and a discussion of recent Transportation Division activity for motor carrier enforcement. The meeting will begin at 1:30 p.m.
The Oklahoma Broadband Governing Board will meet at 2:30 p.m. on Tuesday, January 9, in the First Floor Conference Room, Suite 105, of the Harvey Parkway Building, 301 Northwest 63rd Street, Oklahoma City, OK 73116. The agenda follows: 1. Call to Order, Welcome, and Determination of a Quorum 2. Compliance with Open Meeting Act …