SPP hires former WECC executive to lead state regulatory strategy The Southwest Power Pool (SPP) has created a new executive position to support its westward expansion and appointed a veteran regulatory and grid-policy leader to fill the role. SPP, which operates the electric grid across 14 states including Oklahoma, announced the hiring of Kristine Raper …
Category: Oil & Gas
Devon Energy’s 4Q earnings to be released in mid-February
Devon Energy Sets Feb. 17 Release for Fourth-Quarter Earnings Oklahoma City-based Devon Energy is preparing to release its fourth-quarter and full-year 2025 earnings following what company leaders described as their strongest performance of the year during the third quarter. Devon announced it will report fourth-quarter 2025 financial and operational results after the close of U.S. …
Crude oil hit 7-week high in trading on Monday
Oil Prices Hit Seven-Week Highs as Iran Unrest Fuels Market Crude Advances as Geopolitical Risks Rise Crude oil prices climbed to seven-week highs on Monday, supported by growing geopolitical concerns tied to Iran’s oil exports and broader unrest in the Middle East. Natural gas prices also surged, posting a nearly 7% gain in the session. …
Virginia—-Data Center capitol of the U.S.—Oklahoma’s trailing far behind
While Oklahoma confronts efforts to expand the construction of data centers, Virginia remains the king of data centers nationwide—-an astounding more than 600 in operation while the state prepares to house nearly 1,100. The state is clearly leading the country when it comes to data centers — both the number already operational and the tally …
Harold Hamm Not Alone in Doubts Over Venezuela Investment
U.S. Oil Leaders Express Reluctance on Venezuela Investment Despite President Donald Trump’s push to involve American energy companies in Venezuela following the U.S. capture of the country’s president, Oklahoma oil executives and major U.S. producers signaled deep skepticism about returning to the South American nation. Oklahoma City oilman Harold Hamm, founder of Continental Resources, stopped …
Anadarko Basin drilling unphased by lower oil prices
While Oklahoma’s Anadarko Basin might not have great oil and gas rig numbers compared to other shale play areas of the US, such as the Permian Basin, its drilling activity remains firm and unchanged. The latest Baker Hughes Rig Count showed Oklahoma’s total rig count unchanged at 43 and the Cana Woodford and the …
Boles Files Bill Protects Ratepayers From Data Center Costs
Marlow State Rep. Brad Boles says he is moving to protect Oklahoma utility customers from paying higher power bills tied to the explosive growth of data centers across the state. Boles, a Republican who is also running for the Oklahoma Corporation Commission, announced he has filed legislation designed to stop utilities from passing the electricity …
Oklahoma Reps. supported agency funding for EPA and others
The U.S. House voted overwhelmingly in support of funding three agencies including Energy and Water Development, Interior and Environment and Commerce, Justice and Science and Oklahoma’s Representatives were in the majority. Oklahoma’s entire delegation, Reps. Stephanie Bice, Josh Brecheen, Tom Cole, Kevin Hern and Frank Lucas were among the 419 Representatives who voted for the …
Energy Briefs: U.S. + World Policy, Oil and Renewables
U.S. Politics and Policy ** President Trump said he may block Exxon Mobil from investing in Venezuela after Exxon CEO Darren Woods called the country “uninvestable” during a Friday meeting at the White House. ** The U.S. Supreme Court will hear arguments connected to more than 40 Louisiana lawsuits seeking to hold energy companies responsible …
OGE creates new division for “more personalized service”
OG&E Appoints John Laws as Chief Commercial Officer Utility creates new Commercial Division to support growth and customers Oklahoma Gas & Electric (OG&E) announced the creation of a new Commercial Division and the appointment of John Laws as Chief Commercial Officer, a move the utility says will help deliver more personalized service, innovative energy solutions, …