A whistle-blower lawsuit filed in Santa Fe accuses ExxonMobil, Empire Petroleum of Tulsa and their subsidiaries of nearly $200 million in fraud over the 2021 sale or several hundred old wells. The sale involved nearly 700 oil, gas and injector wells covering 40,000 net acres of Permian Basin leasehold. In announcing the acquisition at the …
OGE joins challenge of transmission line competitive bidding
Nine utilities in the Midwest and Great Plains, including two that serve Oklahoma customers want federal regulators to suspend their policy of requiring competitive bidding for billions of dollars in new High-voltage power lines. Oklahoma Gas and Electric is one of the utilities while another is Empire District Electric Company based in Joplin, Missouri but …
Energy Briefs: Oil Falls After Iran Ceasefire
Oil Prices Drop After Iran Ceasefire Oil futures Brent WTI ceasefire Iran: Oil futures cratered on Wednesday morning after President Trump suspended a wide-ranging bombing campaign on Iran and announced a two-week ceasefire in the US-Iran war. Brent crude fell 14% and West Texas Intermediate dropped more than 16% in early trading. Tanker Traffic Hinges …
Oil tumbles more as ceasefire holds with Iran
The fragile cease fire agreement reached between the U.S. and Iran sent crude oil prices tumbling below $100 a barrel on Wednesday, giving traders and investors increased hopes that oil and gas will soon again be flowing through the Strait of Hormuz. Part of the deal included a reopening of the Strait by Iran but …
Supreme Court rules anti-ESG law is unconstitutional
A year after a state retiree died following his legal challenge of Oklahoma’s Energy Discrimination Elimination Act of 2022, the Oklahoma Supreme Court has ruled the law is unconstitutional, ruling against state Treasurer Todd Russ. The law originally allowed the state Treasurer to compile a “black listing” of financial firms that discriminated against the …
Oil closed down as Trump’s deadline approached with Iran
As President Trump’s war deadline with Iran approached Tuesday, oil prices moved lower. His deadline was an attempt to reopen the Strait of Hormuz. Trump continued to ramp up his threats against Iran, saying that “a whole civilization will die tonight, never to be brought back again.” “I don’t want that to happen, but it probably …
Balcony solar could become law in Oklahoma
At least 22 states in the U.S. are considering legislation allowing what some refer to as “balcony solar” and Oklahoma is among them. Rep. Arturo Alonso-Sandoval, D-OKC, calls it the Plug-in Solar Act and it recently won approval in the state House on a vote of 88-4. It had earlier been given a Do …
Baker Hughes connects with Argentina
Just as Continental Resources of Oklahoma City recently announced drilling projects in Argentina, Baker Hughes Company is also doing business with the South American country. And in the same rich oil play region. The Texas-based energy technology firm announced it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units …
Three years to build new Lake Texoma bridge
Team selected to deliver new US-70 Roosevelt Bridge over Lake Texoma Oklahoma’s Transportation Commission has awarded a more than $400 million contract to a firm for the design and replacement of the US-70 Roosevelt Bridge over Lake Texoma. On Monday, the Oklahoma Transportation Commission approved continuing Zachry Construction and Traylor Bros., Inc.’s contract at a …
FERC to review environmental impact of Williams NY pipeline
April 8, 2026
Environmental Impact of Constitution Pipeline to get a federal review The Federal Energy Regulatory Commission (FERC) says it will take a look into the potential environmental effects of the Williams Cos.’ Constitution pipeline planned in New York. FERC Issues Notice on Pipeline Requests FERC also issued a notice regarding the requests of Williams Cos. and …
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