June 22, 2025 archive

Acquisition of PHX Minerals to be final this week

  The estimated $187 million acquisition of Fort Worth-based PHX Minerals Inc. by WhiteHawk Income Corporation is about to be finalized this week. WhiteHawk, a  natural gas mineral and royalty company  headquartered in Philadelphia, Pennsylvania announced that a majority of its outstanding shares of common stock, par value at $0.01666 per share were validly tendered …

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Commissioner points to “troubling trends” in electricity generation challenges

  Oklahoma Corporation Commission Chair Kim David says there’s a strong reason why she and other regulators recently received recommendations from two major utilities and an electric grid regarding the future of the state’s electricity generation challenges. “Recent load shedding events, or forced power blackouts, in Louisiana, New Mexico and even across the Atlantic in …

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Legislature failed again to tighten Oklahoma’s water use monitoring

Despite the efforts of some legislators, the Oklahoma legislature failed to take steps to control commercial groundwater use inthe state. An investigation by The Frontier showed there continues to be water users taking advantage of the lack of legal enforcement on water use, such as reporting how much water they use. The journalism group found …

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Iran remains defiant—votes to shut down Strait of Hormuz

  Instead of coming to the peace table following the U.S. attack on its nuclear weaponization plants, Iran on Sunday defiantly ordered the closing of the Strait of Hormuz, a shipping channel that is considered vital for at least 20% of the world’s daily oil flows. Sunday’s decision by Iran’s parliament is sure to have …

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