Tulsa’s NGL Energy Partners LP opened a binding open season on Wednesday for its crude oil Grand Mesa Pipeline, LLC in Colorado and Wyoming to move product to the Cushing Hub in northern Oklahoma. The season will close on January 5, 2024 at 5 p.m. Central Daylight Time. Grand Mesa provides takeaway capacity for …
Mammoth Energy Services in Oklahoma City announced the completion of a multi-million dollar transfer from its wholly owned subsidiary Cobra Acquisitions LLC to pay down on its debt. Cobra transferred approximately $54.4 million of its outstanding receivable with the Puerto Rico Electric Power Authority to SPCP Group, LLC in exchange for net proceeds of …
** The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesday. The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer …
In case you missed the latest edition of Scott Mitchell Talks Energy with Jerry Bohnen, we’ve issued another opportunity to view the discussion of the Attorney General’s investigation of natural gas market manipulation and his subpoena to the Corporation Commission. Two veteran news observers hold a frank discussion of what prompted the investigation. Mitchell is …
While some Oklahoma legislators and major utilities are considering a legislative push in the coming months to possibly create a Right of First Refusal law, a judge in Iowa has set aside that state’s ROFR law and regulation. The ruling came from an Iowa District Court judge for Polk County and also included a …
After leaving the Oklahoma Department of Commerce three years ago to join a start-up aircraft company, Vince Howie has returned to be State Director of Aerospace & Defense for the agency. The Commerce Department announced this week that Howie will lead Commerce’s Aerospace & Defense team, also known as ACES, as they work …
ONEOK’s latest effort to attract new investors will be at the Wells Fargo Midstream and Utilities Symposium this week in New York. Company management will be there Wednesday, Dec. 6 and hold a fireside chat session at 1:10 p.m. Central Standard Time. A link to the live webcast, replay and ONEOK’s latest investor materials …
Not only did crude oil prices drop to a near five-month low in Tuesday’s trading, but Oklahoma energy stocks took a beating too. Oil fell because of a stronger U.S. dollar and demand concerns. It was the fourth day in a row for crude prices to slide. U.S. benchmark, West Texas Intermediate crude, ended the …
If any hydrogen projects are ever going to be developed in Oklahoma, developers might be faced with some green energy challenges about to be created by the Biden administration. Challenges that some contend will only result in failure of non-government funded hydrogen projects. In other words, shooting yourself in the foot before the hunt …
A filing with the Securities and Exchange Commission shows that a major investor in Tulsa-based Vital Energy is the Midland, Texas investment firm Henry TAW LP. The filing indicated Henry TAW has 7,868,933 shares amounting to 22.66% of Vital Energy’s total of 28,671,878 shares of Common Stock. The statement was filed by Richard D. …
