Mach Natural Resources LP of Oklahoma City announced this week the underwriters of its previously announced public offering of more than 7 million shares partially exercised their option to buy more of the shares. The original offering was of 7,272,728 common units representing limited partner interests in Mach. But the underwriters exercised their …
ONEOK, Inc. announced it has completed its previously announced underwritten public offering of $1.25 billion in different notes. The offering included the $1.25 billion of 4.250% notes due 2027, another $600 million in 4.400% notes due 2029, $1.25 billion in 4.750% notes due 2031, $1.60 billion of 5.050% notes due 2023, $1.50 billion …
Wyoming U.S. Sen. John Barrasso accused the Biden-Harris administration of “waging war on Wyoming” through its newest oil and natural gas lease sale in his home state. The Republican Senator said the Department of Interior is offering a record low number of acres for lease at the sale. Barrasso is the ranking member of …
The state of California has filed a lawsuit accusing the nation’s top plastic maker of lying about the value of recycling. E&E News reports Attorney General Rob Bonta filed his complaint against Exxon Monday in the San Francisco County Superior Court. Bonta accuses Exxon of lying for decades about the feasibility of recycling plastics. Less …
News from the Peoples Bank of China that a package of measures are aimed at boosting the country’s economy helped oil prices advance Monday. West Texas Intermediate crude increased by 1.7% to settle at $71.56 a barrel. Brent crude for November also added 1.7% to settle at $75.17 a barrel. The price moves were supported …
A posting Tuesday of Oklahoma Supreme Court orders showed the State Justices denied a request by Corporation Commissioner Todd Hiett who wanted more time to respond to the lawsuit filed against him by three legislators. The posting only said his bid for a 14-day extension of time was denied and offered no reason. The …
For a little guy, the dunes sagebrush lizard has stirred up a big fight in west Texas. State Attorney General Ken Paxton just filed a federal lawsuit against the Biden-Harris administration for declaring the lizard an endangered species. He contended in the suit that the action by the U.S. Fish and Wildlife Service was …
** President Biden is expected to tout the progress his administration has made on climate change in remarks in New York City this week, as the issue remains an area of stark contrast between Democrats and Republicans. A White House fact sheet said the speech will focus on the administration’s “unprecedented progress in tackling the …
Here’s something that raises the question of whether green energy money from the federal government has gone to states with the most critical political influence in the presidential election. The seven swing states that will decide the upcoming election have also received nearly half of the clean energy money given through the Inflation Reduction …
Oklahoma U.S. Sen. Markwayne Mullin responded this week to a recent op-ed in the Wall Street Journal and wrote a letter to the editor pointing out the importance of hydraulic fracturing to support U.S. allies and keep energy costs low. In it, Sen. Mullin asked the question, Where are Senate Democrats on fracking? …
