From CEO to Executive Chairman of Williams Cos. and now to U.S. Senator. Alan Armstrong was officially appointed U.S. Senator Tuesday to replace outgoing Sen. Markwayne Mullin, who was confirmed Monday to lead the Department of Homeland Security (DHS). Gov. Kevin Stitt introduced him Tuesday during a morning press conference and hailed Armstrong, a third-generation Oklahoman, …
Shareholders asked to advance Devon/Coterra merger
While Devon Energy and Coterra Energy work behind the scenes on their previously announced proposed merger and the transfer of headquarters to Houston, Texas, some details of the merger still await final approval by shareholders. By all indications, no publicly announced date or dates for meetings of stockholders in the two companies have been made. …
Crude oil prices dropped 11% on Trump’s announcement of Iranian talks
President Trump’s surprise announcement Monday that he is postponing any military strikes against Iranian power plants for five days sent crude oil prices plummeting about 11%. The President claimed there had been “constructive” talks to end the hostilities in the Middle East, something denied by some Iranian officials. Still, the announcement was well received by …
House gives big support to data center bill
Oklahoma’s only remaining bill targeting data centers was overwhelmingly passed in the state House Monday, sending the measure to the Senate. The House voted 92-2 in support of HB2992 by Rep. Brad Boles, R-Marlow, a bill to require large load data centers to pay their portion of infrastructure costs and to prevent the costs from …
Motorists pay $1 more for fuel than a month ago while oil prices drop
Fuel prices across the nation and Oklahoma are nearly a dollar higher after more than three weeks of war against Iran. But crude oil prices dropped 11% to 12% on Monday as they were less than $88 a barrel for West Texas Intermediate crude and under $99 a barrel internationally. Whether it translates soon …
Corporation Commissioners to meet Tuesday
Oklahoma regulators are scheduled to meet Tuesday afternoon to get updates on Transportation enforcement, agency financial activity and renovation of the Jim Thorpe building. The meeting will begin at 1:30 p.m. and the agenda shows Corporation Commissioners Kim David, Todd Hiett and Brian Bingman will get an update on Transportation Division activity. The report by …
Commissioner David named to federal advisory committees
Oklahoma Corporation Commission (OCC) Chairman Kim David has been appointed by U.S. Secretary of Transportation Sean P. Duffy to serve on two key federal advisory committees responsible for reviewing national pipeline safety regulations. Chairman David will serve as a government representative member on both the Technical Pipeline Safety Standards Committee, commonly known as the …
Lawsuit advances over wind farm operation in Southwest Oklahoma
Two years after a southwest Oklahoma farm couple filed suit against a wind farm operation they contended caused health problems for them, the case is still alive in Oklahoma City Federal Court. The case involves Randall S. Ware and his wife Susan who filed suit in March 2024 in Caddo County District Court against Caddo Wind, …
Abandoned well bill heads from House to state Senate
A bill to turn abandoned wells in Oklahoma into geothermal operations has won State House approval and is in the Senate. As OK Energy Today reported last month, HB 3173, called the “Well Repurposing Act,” could potentially create new purposes for some of Oklahoma’s estimated 20,000 abandoned oil and gas wells. “What this bill hopes …
President okays NextEra natural gas expansion
NextEra Energy Secures Federal Support for Major Natural Gas Power Expansion NextEra Energy says the President has approved of the development of up to 10 gigawatts of natural gas-powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion investment commitment to the United States as part of the U.S.-Japan trade …