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Williams announces $2.75 billion in senior notes offering
Williams Cos. Prices $2.75B Senior Notes Offering to Refinance Debt Tulsa-Based Energy Firm Targets Near-Term Maturities Williams Companies announced the pricing of a $2.75 billion public offering of senior notes, a move designed primarily to refinance near-term debt maturities and strengthen the company’s long-term balance sheet. The offering, which spans three separate tranches, allows the …
$500,000 damage caused by illegal truck load
The damage to six Oklahoma turnpike bridges from an illegal load carried by a trucker last month totaled nearly $500,000 and this week the Turnpike Authority approved the repair costs. The governing board of the Authority approved spending $491,700 to Built-Right Construction, the firm that carried out the emergency repairs to the six …
Lithium company hires DC Public Relations Firm
PR firm to guide federal strategy for Muskogee lithium plant As construction planning advances for its lithium development facility in Muskogee, Stardust Power Inc. has hired a Washington, D.C.-based public policy and government relations firm to support its federal engagement, funding strategy, and critical-minerals initiatives. The Connecticut-headquartered company announced it has retained 38 North Solutions, …
Taiwan battery company to locate plant in southwest Kansas
Taiwan-based firm launches first North American manufacturing site Apogee Power, a Taiwan-based energy technology and advanced battery manufacturer, has selected Liberal, Kansas, as the location for its first U.S. manufacturing and assembly facility — marking a major expansion into the North American energy storage market. The new facility, located at 1600 W. Pancake Blvd. in …
Celebration of cheap gasoline in Oklahoma—under $2 in OKC
Some of the cheapest gasoline in the U.S is in Oklahoma and it’s cause to celebrate. Especially when it’s well under $2 a gallon. GasBuddy reported some Oklahoma City stations are pumping gasoline for $1.84 per gallon. Tulsa’s cheapest gasoline is $1.93. AAA reported the state average is $2.26, a penny more than a week …
Federal Court Upholds $103 million Judgment Against Sunoco
Tenth Circuit affirms liability for late oil payments under Oklahoma law A federal appeals court has largely upheld a $103 million judgment against Sunoco over claims that the company failed to pay required interest on late oil royalty payments to tens of thousands of Oklahoma mineral owners. The U.S. Court of Appeals for the Tenth …
Continental Resources makes another Argentina oil play buy
Calling Argentina’s Vaca Muerta shale play “one of the most compelling shale plays in the world”, Continental Resources in Oklahoma City confirmed it made a second buy in the South American country’s oil production zone. The company, founded by chairman Harold Hamm and now led by President and CEO Doug Lawler, announced …
Crude oil prices dropped Tuesday amidst Venezuelan oil discussions
The sharp gain in crude oil prices recorded on Monday was reversed as prices fell 2% a day later in Tuesday’s trading as the market remained unsure how to react to the U.S. capture of Venezuelan President Nicolas Maduro during a weekend raid in which no U.S. military personnel lost their lives. Government officials …
Luther residents rally against a proposed data center
One thing is clear following a Monday meeting in Luther….many of the residents have serious and heart-felt opposition to a proposed data center we first reported about last year. As News 9 TV reported, residents gathered to coordinate their opposition to the proposed data center that would cover about 400 acres between North Triple X Road and North Luther …
Nuclear study to take center stage for regulators—not firings
Oklahoma Corporation Commissioners will attempt a return to normal business on Wednesday after removing two of its top officers over the past week. It was last week when the three regulators fired Brandy Wreath as Director of Administration and this week when Communications Chief Trey Davis was also removed from his position at the …