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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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Industry News

Russian Takeover Creates One of World’s Largest Oil Companies

LCG, April 22, 2003Yukos will purchase Sibneft, resulting in what will be the fourth largest oil company in the world.

Yukos, the biggest oil company within Russia, will pay $3 billion cash for a 20 percent portion of Sibneft. Yukos has agreed to acquire the remainder of the company at an unspecified date in the future, and the combined companies will be YukosSibneft Oil Company.

Mikhail Khodorkovsky, chief executive and largest shareholder of Yukos, will assume chief executive status in YukosSibneft as well.

YukosSibneft will own a combined total of roughly 19.4 billion barrels of oil and gas equivalent. Oil production is estimated to become 2.3 million barrels per day. The company will also own over 2,500 gas stations.

The companies will complete the merger by the end of the year, although regulatory bodies and shareholders will have some input.

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