Coterra Energy Inc., an energy firm with oil and gas exploration in the Anadarko Basin, the Permian Basin and Marcellus Shale, announced this week the pricing of a $1.5 billion in senior unsecured notes. The breakdown of the total includes $750 million of senior unsecured notes due 2035 with an interest rate of …
Utilities in Oklahoma and other states have long been hesitant to fully endorse switching from power poles to buried power lines. They contend, that even thought buried lines are more reliable and less affected by severe weather, it is too costly. The very subject is being studied by the University of Houston as …
Politics can be a rough and tumble business—just ask Ken McQueen who was sacked this week as Oklahoma Secretary of Energy and Environment. He was fired by Gov. Stitt after the governor learned Tuesday that McQueen had joined Attorney General Gentner Drummond in appearing at a Tulsa federal court hearing in the nearly …
** Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to take interest in atomic power amid an expected boom in electricity demand. ** Donald Trump said Monday (Dec 2) he is opposed to Nippon Steel’s planned $15 …
He might be President-elect Donald Trump’s go-to energy guy but what do we really know about Denver oilman Chris Wright, the leader who once drank a glass of fracking fluids to prove they are safe? “To your health and the longer lives and healthier lives of billions of people around the world from oil …
LSB Industries, Inc. announced the publication of its 2023 Sustainability Report, highlighting the Oklahoma City company’s progress in advancing its sustainability efforts. LSB remains focused on its vision of being a leader in the clean energy transition through the production and delivery of low carbon products to multiple end markets. Additionally, the company prioritizes …
Fears that the truce between Israel and Lebanon might collapse sent crude oil prices higher by more than 2% in Tuesday’s trading. Prices rose as Israel threatened to respond with an attack if Hezbollah continued sending rockets and artillery blasts into Israel. At the same time, OPEC+ might announce an extension of its supply …
A portfolio company of EnCap Flatrock Midstream, a company headquartered in San Antonio and with offices in Oklahoma City and Houston, announced it closed on the previously announced acquisition of the Sinco Pipeline System and the Colex East and Colex West Terminals in the Houston refining corridor. The portfolio firm, Edgewater Midstream LLC made …
Nearly 8 months after wildfires burned more than 1 million acres of land in the Texas Panhandle and western Oklahoma, Xcel Energy, hit with numerous lawsuits over the deadly fires, announced it has increased wildfire detection and mitigation efforts in the Panhandle. It is using AI or artificial intelligence to spot fires early and …
A new government report indicates the U.S. will enter the 2024-2025 winter with the most natural gas in storage since 2016. The U.S. Energy Information Administration’s Weekly Natural Gas Storage Report released in November showed the working natural gas in storage in the Lower 48 states ended the natural gas injection season with 3,922 billion …
