Tulsa’s NGL Energy Partners LP is making an offering of its company units as it attempts to raise money. The company said the public offering is of Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests in NGL. NGL said it will also grant the underwriters a 30-day option to purchase …
Refinery operator HollyFrontier Corporation announced it has finished first quarter maintenance at its refinery in El Dorado, Kansas. The company said it anticipates crude oil throughput for the first quarter of the year to average 395,000 and 405,000 barrels a day. The crude unit is back online and the refinery is in the process of …
Energy Transfer and Phillips 66 Partners say the second phase of their Bayou Bridge Pipeline is complete and ready for service in Louisiana. The 163-mile, 24-inch line will move crude oil from Lake Charles, Louisiana to terminalling facilities outside of st. James, Louisiana beginning April 1. Energy Transfer of Dallas owns 60 percent of the …
Wednesday is Water Lobby Day at the State Capitol as environmentalists gather to not only learn about the state’s water problems but educate legislators about them. The Oklahoma Chapter of the Sierra Club, Oklahomans for Responsible Water Policy, Green Country Spring Creek Guardians and STIR (Save the Illinois River) are sponsoring the event that includes opening …
An endangered federal program that has helped preserve the historic Route 66 Highway for two decades has issued its last call for grants aimed at saving aging buildings and landmarks. The Route 66 Corridor Preservation Program is accepting grant applications until April 12, and it’s not clear if Congress will continue the project after that. …
A former CIA Director was in Tulsa this week warning about cyber security. The Tulsa World had the story about John Brennan’s visit. Former CIA Director John Brennan contends a key to navigating cyber minefields isn’t worrying about today. It is preparing for tomorrow. “That digital environment is not a static environment,” Brennan said Monday …
New Mexico’s new “mini-New Green Deal” law is raising some questions about just how effective it will be. Gov. Michelle Lujan-Grisham signed the Energy Transition Act into law last week. High Country News followed this week with a breakdown of the pros and cons of the massive green demands. On March 23, New …
A new man’s in charge of the Ross Perot fortune in Dallas. The Wall Street Journal reported this week that the Dallas’ billionaire Perot family hired veteran hedge fund trader Boaz Sidikaro to be the new investment chief. The 44-year old Sidikaro took over after being a part of the Perot Investments since March. He …
An Oklahoma City federal judge hearing the legal fight over construction of a Fairfield Inn Hotel in downtown Oklahoma City has approved a request to transfer the lawsuit to the Western District of Arkansas where the contractor is headquartered. U.S. District Judge Charles B. Goodwin denied a move by the CR Crawford Construction to have …
We’ve reported over the past few years how dismal the solar industry is in Oklahoma. Some projects stand out such as OGE’s solar efforts at its Mustang plant and a solar farm in northwest Oklahoma. Far larger efforts have been made in West Texas where massive solar farms have been constructed and others are on …