In a cold weather update, OG&E indicated its customers experienced very few power outages in the most recent frigid weather that gripped Oklahoma. The utility said its system performed 99.96% of the time and onlly 2% of customers experienced an outage for a brief length of time before OG&E crews were able to restore …
The more than 100-year fight over water between Nebraska and Colorado is moving into another stage as Nebraska is not letting dust gather on its plan to spend $628 million on construction of a major canal to move water from Colorado’s northeastern plains to reservoirs in western Nebraska. The water will come from the …
NGL Energy Partners LP and its subsidiary announced plans for a new seven-year $700 million senior secured term loan facility to use the funds to refinance existing debt. It also said it will release its third quarter earnings report in early February. Along with NGL Energy Operating LLC, it also intends to pay related …
ONEOK, Inc. announced it will release fourth quarter and year-end 2023 earnings after the market closes on Feb. 26, 2024. ONEOK’s executive management will participate in a conference call the following day. What: ONEOK fourth quarter and year-end 2023 earnings conference call and webcast When: 11 a.m. Eastern, Feb. 27, 2024 10 a.m. …
Attorney General Gentner Drummond is commending the New York Stock Exchange for listening to him and his fellow attorneys general by withdrawing a proposed rule change that would have allowed the listing of “Natural Asset Companies” (NACs) on the exchange. Drummonded described NACs as a “novel corporate structure” designed to take land off the …
The U.S. Geological Survey admits it is not in the business nor the practice of predicting where and when earthquakes will occur in the U.S. But the agency that is familiar to Oklahomans because of the number of oilpatch-related earthquakes in the past several years, recently issued new maps of the U.S. showing areas …
A recently-announced $70 million grant from the Biden administration is expected to result in the first hydrogen fuel stations at Texas truck stops within five years. The plan by the North Central Texas Council of Governments, which includes Dallas-Fort Worth, calls for the hydrogen stations will be located at existing truck stops within the …
**A Virginia lawmaker introduced a bill last week that, if passed, would prohibit the utilities Dominion Energy and Appalachian Power from charging customers for many of their political activities. The bill, HB 792, would bar Virginia’s investor-owned electric utilities from charging their customers for their dues to trade associations, lobbying of government officials, advertising and other …
Thursday brought higher crude oil prices after the IEA joined OPEC in predicting strong growth in global oil demand and there was a big weekly draw in crude oil inventories in the U.S. and the Cushing Hub. Crude oil traders also expressed more concern about the risks in the Middle East. West Texas Intermediate …
Oklahoma City sent out an alert late Thursday asking for its city water users to begin conserving water because of continued higher-than-normal demand on the water system over the past five days. The request came from the Utilities Department which indicated that during the winter season, when overall water demand is lower, it takes …
