Gas groups ask Supreme Court to block furnace rule Several major natural gas industry groups are asking the U.S. Supreme Court to intervene in a legal fight over federal efficiency standards that restrict the sale of certain natural gas furnaces and water heaters, arguing the rules could eliminate affordable home heating options for millions of …
Severe weather boosts crude oil prices
Crude oil prices jumped more than 3% on Tuesday as a powerful winter storm disrupted U.S. oil production and temporarily halted Gulf Coast crude exports, lifting Oklahoma energy stocks alongside the broader energy sector. Winter storm disrupts U.S. oil production The severe winter weather strained energy infrastructure across major producing regions, forcing operators to shut …
Less drilling but continued high production of oil in 2025 forecast
EIA forecasts near-term U.S. crude oil production will remain near 2025 record Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), January 2026 Data values: U.S. Petroleum and Other Liquids Supply, Consumption, and Inventories In the EIA’sJanuary 2026 Short-Term Energy Outlook, it forecasted U.S. crude oil production next year will remain near the record 13.6 million barrels per …
5% gain in latest dividend from Williams Cos.
Williams boosts dividend again as pipeline expansion advances Williams Companies has approved another increase to its quarterly dividend, extending the Tulsa-based natural gas company’s long-standing record of returning cash to shareholders. The company announced Tuesday that its board of directors approved a quarterly dividend of $0.525 per share, a 5% increase from the previous quarter’s …
RelaDyne Buys Missouri-Based Dennis Oil Company
Deal strengthens lubricant distribution across Oklahoma and region RelaDyne, the nation’s largest distributor of lubricants and a major supplier of fuels and industrial reliability services, has acquired Dennis Oil Company, a long-established Missouri-based blender and distributor of commercial and industrial lubricants. While financial terms of the transaction were not disclosed, the acquisition significantly expands RelaDyne’s …
Energy Briefs: Gulf Coast freeze disrupts U.S. gas output
Gulf Coast Freeze Disrupts U.S. Energy Output ** Oil and gas refiners on the Gulf Coast shut down refining units amid freezing temperatures, disrupting as much as 10% of U.S. natural gas production. Exxon’s XTO Looks to Exit Eagle Ford Assets ** XTO Energy, an Exxon Mobil subsidiary, aims to sell its Eagle Ford shale …
Aluminum plant proposed for Inola becomes a joint venture
Oklahoma Aluminum Project Grows With New Smelter Partnership Nearly nine months after Oklahoma announced plans for construction of a $4 billion aluminum smelter in Inola, another major development signals the project is moving into a new phase. Emirates Global Aluminium (EGA), the company that signed an agreement with Oklahoma Gov. Kevin Stitt last year, has …
Another record year for NextEra Energy
NextEra Energy posts strong fourth-quarter, full-year earnings NextEra Energy, Inc. reported a strong financial finish to 2025, posting higher fourth-quarter and full-year earnings as the company continues to expand regulated and long-term contracted energy infrastructure across the U.S., including significant operations in Oklahoma. The Florida-based energy company said its fourth-quarter net income totaled $1.535 billion, …
SWEPCO wins rate hike for Arkansas customers
Arkansas regulators approve SWEPCO rate hike for power upgrades Arkansas customers served by Southwestern Electric Power Company (SWEPCO) will see higher monthly electric bills after the Arkansas Public Service Commission (PSC) approved an $85 million rate increase for the utility. According to reporting by the Arkansas Times, the rate hike will raise the average residential …
Stardust Power makes another hire
Stardust Power names Bruce Czachor as General Counsel Stardust Power Inc., the lithium development company advancing a major battery-grade lithium refinery in Oklahoma, has appointed Bruce Czachor as General Counsel, effective immediately. Czachor will oversee legal, regulatory, and corporate governance matters for the company and will report directly to Founder and CEO Roshan Pujari, according …