Tulsa-based Helmerich & Payne announced it had priced an offering of $1.25 billion in senior notes to help pay for its recent acquisition of an international oil and gas operation headquartered in the United Kingdom. The acquisition, announced in late July, totaled $1.9725 billion in cash as Helmerich & Payne took over KCA …
Category: General
Lobbyists for and against EVs pour millions into Capitol Hill
(Photo by Jonathan Raa/NurPhoto via Getty Images) A review of the amount of money dumped into lobbying efforts, both pro and con when it comes to EVs, shows the eventual total for 2024 will surpass what was spent last year. Open Secrets found intense lobbying efforts came from supporters of electric vehicles and those who …
Ceremony marks broadband expansion into Oklahoma’s Creek County
Two high-speed internet expansion projects worth $4.8 million were launched Tuesday afternoon in the town of Slick in Creek County by the Oklahoma Broadband Office and ecoLINK fiber services. The projects, funded through $2.9 million in federal grants administered by the OBO coupled with $1.9 million in matching funds from ecoLINK, a subsidiary of …
Halliburton sets date for release of 3Q earnings report
Halliburton Company is already planning for the release of its third quarter financial results. The company announced it will make the release before the start of a conference call scheduled for Thursday, Nov. 7, 2024. The call will begin at 8 a.m. Central Time. The Company will issue a press release regarding the third …
ONEOK offers $7 billion in notes to pay for acquisitions
ONEOK, Inc. announced that it has priced an offering to sell $7.0 billion of senior notes, consisting of: $1.25 billion of 3-year senior notes at a coupon of 4.25%. $600 million of 5-year senior notes at a coupon of 4.40%. $1.25 billion of 7-year senior notes at a coupon of 4.75%. $1.60 billion of 10-year senior notes at …
Northern Arkansas Electric Cooperative drops one CEO and hires another
A northern Electric Cooperative has quietly removed its CEO Jeremiah Sloan and replaced him with a new interim boss. The change in leadership put Jeremiah Sloan out of a job as head of the Craighead Electric Cooperative. He’s been replaced by Mel Coleman, CEO of the North Arkansas Electric Cooperative and Coleman is pulling …
Oil and gas groups angry over federal judge’s ruling against Gulf of Mexico oil and gas operations
The Maryland Federal Judge’s ruling to vacate approval of some oil and gas drilling operations in the Gulf of Mexico has angered several oil and gas and energy groups. Six of them came out Tuesday opposing U.S. District Judge Deborah Boardman’s recent decision to vacate the 2020 Gulf of Mexico Biological Opinion, a ruling they …
Status unknown of investigation into Corporation Commissioner
Exactly where the investigation stands into allegations of drunkeness and sexual groping of a man by Oklahoma Corporation Commissioner Todd Hiett is a tightly held secret. Melvin C. Hall and and Don Bingham of the Oklahoma City law firm of the law firm of Riggs, Abney, Neal, Turpen, Orbison, & Lewis were hired last month …
AARP Town hall to focus on latest rate hike requests of OGE and PSO
Just as we reported this week about the expanding growth of utililty rate hikes around the country, AARP Oklahoma announced it intends to host an interactive telephone town hall and focus on rate hike proposes from two of the state’s largest utilities. The September 17 townhall, starting at 10 a.m. will take aim …
Mitchell Talks Energy puts the spotlight on growing electric rates
Electricity bills are growing, not just in Oklahoma but across the country. They got the attention of Scott Mitchell and Jerry Bohnen in our latest podcast of Mitchell Talks Energy with Jerry Bohnen.