ONEOK Reports Strong Earnings Growth in 2025 While consumers complained of higher rates, ONEOK, Inc. reported double-digit earnings growth in 2025 as announced Monday by the company. “ONEOK delivered another year of double-digit earnings growth in 2025, with increased volumes and continued synergy capture from a multi-year acquisition plan highlighting the value created by our …
Category: Oil & Gas
Buyer revealed in Ovintiv’s $3 billion sale of Oklahoma assets
Ovintiv revealed this week in a filing with the Securities and Exchange the identity of the company that acquired Ovintiv’s Anadarko Basin assets in Oklahoma as part of a $3 billion sale. The buyer was MidCon II BuyerCo, LLC, according to the filing. MidCon II BuyerCo., LLC is a newly-formed Texas LLC that will hold …
Oklahoma’s most active oil and gas no change in rig numbers
Drilling in Oklahoma’s most active oil and gas plays remained the same last week compared to the previous week, according to the latest Baker Hughes Rig Count. The Cana Woodford remained the most active play in the Anadarko Basin with 22 rigs, same as the prior week. It was followed by the Granite Wash …
Oil prices slip but hold near six-month high
Oil Prices Ease Slightly, Remain Near Six-Month High Despite losses of a quarter of a percent on Monday, crude oil prices were still at a six-month high as a third round of nuclear talks between the U.S. and Iran was set to be held later in the week. Energy markets continue to closely monitor developments …
Energy Briefs: Solar Tariffs, Coal Rules, Nuclear Deal
U.S. Commerce Department Solar Tariff Decision The U.S. Commerce Department will announce whether it will impose tariffs on solar cell and panel imports from India, Laos, and Indonesia. Trump Administration Eyes $25B Nuclear Contract The Trump administration is considering awarding a $25 billion contract to little-known nuclear power company Entra1 Energy, which has fewer than …
$58 billion oil and gas economic impact in Oklahoma in 2024
The people of Oklahoma Oil and Natural Gas are driving the economy of our state—OERB A new report issued through the Oklahoma Energy Resources Board shows the economic impact in the state totaled more than $58 billion in 2024. “Oklahoma’s oil and natural gas sector remains a crucial pillar of the state’s prosperity and is …
Hearings conclude into PSO’s $1.2 billion in CWIP projects
After three days of six separate hearings into the $1.255 billion energy expansion projects of Public Service Company of Oklahoma, the case is under consideration by a Corporation Commission judge. It’s a critical case because the cost would be borne by customers of PSO and they will be paying for the projects eve as construction …
Williams seeks fast start on Transco pipeline expansion
Williams Cos. wants to begin work as quickly as possible on its FERC-approved Southeast Supply Enhancement project, an effort to expand the company’s existing Transco natural gas transmission system along the east coast. The Tulsa-company recently applied for permission from the Federal Energy Regulatory Commission to begin work and hopes to have bulldozers and other …
ONE Gas announces annual shareholders meeting date
ONE Gas, one of the largest natural gas utilities in the United States and parent to natural gas operations in Oklahoma, Kansas and Texas, plans its 2026 annual meeting of shareholders in a few months. The Tulsa-based company said the virtual meeting will be held Thursday, May 21 at 9 a.m. central daylight time. …
Record increase in construction of battery storage systems in US
Electrical grid batteries, such as those planned by Oklahoma Gas and Electric near Enid and Ponca City, are breaking records nationwide….their development that is. Canary Media reported that more than 13 gigawatts of energy storage was installed last year across the nation. It cited the information in a new report from the Business Council for Sustainable …








