September 15, 2023 archive

Challenge to ONEOK merger with Megallan Midstream

  As ONEOK shareholders prepare to vote this week on a nearly $19 billion merger with Magellan Midstream, ONEOK admits in a filing with the Securities and Exchange Commission it received a demand letter from one shareholder who believes the company has not released all relevant information. ONEOK stated that the Demand Letter asserts that …

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Energy fast reads

** California has sued five of the largest oil and gas companies in the world, alleging that they engaged in a “decades-long campaign of deception” about climate change and the risks posed by fossil fuels that has forced the state to spend tens of billions of dollars to address environmental-related damages. ** The Environmental Protection …

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Congresswoman wants to impeach Energy Secretary Granholm for lying to a House Committee

  When Jennifer Granholm went before a House Committee chaired by Oklahoma Congressman Frank Lucas, to be considered for Energy Secretary, she claimed she did not own any individual stocks. Now she faces an impeachment inquiry led by New York Republican Rep. Claudia Tenney for giving false testimony. Tenney announced her intent during a hearing …

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