ONE Gas, Inc. indicated in a filing this week it just increased its borrowing ability from $1.275 billion to $1.350 billion with Bank of America and other banks. The Oklahoma firm explained it entered into a lender joinder and commitment increase agreement related to its restated revolving credit agreement dated March 16, 2021. Bank …
Remember more than a year ago how excited Oklahoma was as it attempted to partner with Arkansas and Louisiana in the proposed creation of a hydrogen hub project. The three states had hoped to earn part of the $7 billion in federal grants to build regional hydrogen hubs. What’s happened since? Possibly, waning support for …
November 12 is the date set by NGL Energy Partners LP of Tulsa for the release of its second quarter financial earnings statement. The company announced it will make the release after the close of markets on that Tuesday. NGL’s management team will hold an earnings call later in the day at …
When it comes to being energy efficient, Oklahoma ranks in the bottom half of the states, according to the personal-finance website WalletHub. The site released its report on 2024’s Most & Least Energy-Efficient States to see which states save people the most money while also saving the environment. The report came as October is National …
The Southwest Power Pool says its stakeholders, including Oklahoma, voted this week in support of an historic portfolio of the largest transmission investments in the history of the organization. The Oct. 15 vote was in support of $7.7 billion in transmission projects that fall under the SPP’s Integrated Transmission Planning process. The group …
** The Standing Rock Sioux Tribe files a new lawsuit claiming the Dakota Access pipeline is operating illegally after the U.S. Army Corps of Engineers flouted regulations to allow the project. ** The Port of Corpus Christi and its customers moved 53 million tons through the Corpus Christi Ship Channel in the third quarter of 2024, a …
Tuesday wasn’t kind to crude oil prices as they slid more than 4% to nearly a two-week low. It also paved the way for some big losses among Oklahoma energy stocks. The fighting in the Middle Easst and reports that Israel’s Prime Minister Netanyahu told President Biden any attacks on Iran would avoid oil …
The three Oklahoma legislators who filed suit in a bid to stop Corporation Commissioner Todd Hiett from voting in rate cases involving OGE, ONG and PSO say they are thrilled the Supreme Court agreed to hear oral arguments in November. Reps. Tom Gann, R-Inola, Kevin West, R-Moore, and Rick West, R-Heavener, issued statements regarding the …
ONEOK, Inc. announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the successful completion of its acquisition of Global Infrastructure Partners’ entire interest in EnLink Midstream, LLC, for a total cash consideration of approximately $3.3 billion. The acquisition consists of 43% of EnLink’s outstanding common units for $14.90 per …
The American Gas Association (AGA) Board of Directors has elected Lloyd Yates, President & Chief Executive Officer of NiSource Inc. in Columbus, OH, to be Chair of the Board for 2025. For the coming year, the AGA’s Board Officers will also include First Vice Chair Sid McAnnally, President & CEO of ONE Gas, Inc. based …
