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Hearings Set on Capitol Hill This Week
The U.S. House Energy and Commerce Committee announced several subcommittee meetings are set for a busy week of hearings. While the Environment, Manufacturing, and Critical Materials Subcommittee will hold a legislative hearing on Wednesday morning regarding Revitalizing American Communities: Ensuring the Reauthorization of EPA’s Brownfields Program, the Innovation, Data, and Commerce Subcommittee will hear Proposals to Enhance Product Safety …
Devon Energy Will Release 3Q 2023 Results on Nov. 7
Oklahoma City-based Devon Energy Corp. announced it will report its third quarter 2023 results on Tuesday, Nov. 7, after the close of U.S. financial markets. The earnings release and presentation for the 3Q 2023 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Nov. 8, the company will hold a conference call at 10:00 a.m. CT …
Congressman Brecheen Is Critical of Biden’s Ag Policy
In case you missed it, Oklahoma Congressman Josh Brecheen fought back against the Biden Administration’s war on America’s farmers and ranchers during a recent House Budget Committee markup on the budget for Fiscal Year 2024. “It is absolutely certain that rural communities have been greatly impacted by this Administration. Since this Administration took office, the …
I-35 Widening Projects Will Add to Oklahoma’s Traffic Woes
The drive down Interstate 35 from Oklahoma City to the Red River will take some additional time as both Texas and Oklahoma are set to begin various construction phases to widen the highway. In an article published by The Oklahoman on Thursday, writer Steve Lackmeyer indicated the construction zone is “part of a joint effort …
Michael Bloomberg Wants to be the Nail in the Coffin on the Coal Industry
Former New York City Mayor Michael Bloomberg announced on Wednesday he will release $500 million into the next phase of his energy transition campaign, aiming to shut down “every last” coal plant in the United States and slash gas-fired capacity in half by 2030, according to a published report by Reuters. The $500 million infusion …
Lucas Statement on House Committee Passage of His Agricultural Risk Review Act
Oklahoma Congressman Frank Lucas released the following statement after the House Financial Services Committee passed the Agricultural Risk Review Act, his legislation to add the Secretary of Agriculture as a permanent member on the Committee on Foreign Investment in the United States (CFIUS). “Protecting America’s agriculture security is a critical part of our national security. …
ONE Gas Files 8-K With SEC, Underwriter Exercises Option to Purchase 180,000 Additional Shares
Tulsa-based ONE Gas, Inc. filed a Form 8-K with the U.S. Securities and Exchange Commission on Tuesday acknowledging its underwriter for a recent transaction will exercise the option to purchase an additional 180,000 shares of common stock. On September 11, 2023, ONE Gas entered into an agreement with Bank of America acting as its underwriter …
Rick Muncrief Honored by TXOGA with 2023 Distinguished Service Award
Congratulations to Rick Muncrief, President and Chief Executive Officer of Oklahoma City-based Devon Energy, who was recently honored with the 2023 Texas Oil and Gas Association’s Distinguished Service Award. Often regarded as one of the oldest and most prestigious honors in the oil and gas industry, TXOGA has bestowed this honor to the great ambassadors …
Devon Energy Volunteers Help Conservation Efforts in Carlsbad
Oklahoma City-based Devon Energy volunteers and experts from the Center for Excellence recently participated in the New Mexico Bureau of Land Management’s National Public Lands Day events. National Public Lands Day is an annual celebration that unites volunteers and organizations in the preservation and improvement of the nation’s public lands. Khush Ghadiali, community relations specialist, …
Merger Approved by ONEOK Shareholders and Magellan Midstream Partners Unitholders
It’s official! Two of Tulsa’s largest energy companies are merging. ONEOK, Inc. and Magellan Midstream Partners, L.P. announced Thursday at their respective special meetings that their merger was approved. “We are very pleased with the strong support from ONEOK shareholders and Magellan unitholders, which reflects their belief in the power of our combination,” said Pierce …