Iranian Ports Blockade Fully Implemented Iran ports blockade maritime trade halted: Pentagon officials say the blockade of Iranian ports has been “fully implemented” and that the country’s maritime trade has been “completely halted.” U.S. Ends Waiver on Iranian Oil Sanctions US Treasury Iran oil sanctions waiver expires: The U.S. Treasury Department will not renew the …
Why WTI is stronger in sales compared to Brent crude
Thanks in large part to the U.S. and Israeli war on Iran over the past month, American crude oil’s value was higher than the global benchmark Brent crude. West Texas Intermediate crude, until Tuesday, had more value internationally than Brent crude. On Tuesday, Brent settled a few dollars higher than WTI’s price which are determined …
Williams starts construction of northeast pipeline in New York
A major groundbreaking ceremony has been held in Brooklyn by Williams Cos. of Tulsa for the start of construction on its Northeast Supply Enhancement project. Officials gathered at Floyd Bennett Field in Brooklyn where brief remarks were made by Williams leadership and elected officials. They spoke after a ceremonial pipe signing highlighting the start …
Oil prices plunged 8% on Tuesday
Oil prices dropped 5% to 8% on Tuesday, the second day of the naval blockade of the Persian Gulf ordered by President Donald Trump. Investors felt more optimistic that the blockade by the U.S. forced Iran to return to peace talks as the U.S. and Israel put a hold on their military attacks of …
Kansas county considers moratorium on solar farm development
Opposition to a proposed 5,000-acre solar farm in Jackson County, Kansas led to recent calls for a moratorium on solar farms in the county located north of Topeka, Kansas. The County Planning Commission held a recent meeting to consider urging the county commission to adopt an 18-month moratorium on the Jeffrey Solar project proposed by …
Energy briefs
The US Naval Blockade and what it means for the world Iran boasts of oil sales not be interrupted by blockade ** Iranian oil sales in recent weeks have been favorable and part of the revenue will be allocated to repairing damage to industry caused by wartime attacks, Iran’s oil minister said on Tuesday. Mohsen Paknejad said …
Half of proposed data centers in US face delays this year
Recent delays of data center projects in Oklahoma, many due to opposition and questions raised about energy costs and water usage, are not unusual when it comes to the AI development centers around the rest of the country. A new Bloomberg report says nearly half of the new U.S. data centers planned for 2026 are likely …
Battery disposal bill advances in legislature
When State Sen. Jack Stewart, R-Yukon introduced a battery recycling bill before the Oklahoma Senate Energy Committee, he might have thought it would be smooth sailing. Instead, he ran into some critical questions about what he called the Battery Stewardship Act which was House Bill 1907. “— what it does is it sets up …
Tankers bound for the US
The U.S. Naval blockade of the Persian Gulf to counter Iran’s own blockade of oil tankers passing through the Strait of Hormuz is already having an impact on U.S. crude exporters. One observer said Trump’s implementation of the naval blockade had the potential for an “economic obliteration” just as the US and Israeli war planes …
Expand Energy director to retire
Expand Energy says one of its members of the Board of Directors won’t stand for re-election at the company’s approaching annual meeting of shareholders. In a filing made with the Securities and Exchange Commission, the company said board member John D. Gass notified the company he intended to retire from the board. “Mr. Gass’s decision …