Coterra Energy Inc says it has closed its previously announced registered public offering of $1.5 billion in senior notes. The official closing of the offering was on Dec. 17. The offering included $750 million in 5.40% senior notes due 2035 and another $750,000 in 5.90% senior notes due 2055. The 2035 notes will mature …
** The Biden administration released a long-awaited report Tuesday that could make it harder for the incoming administration to expand U.S. natural gas exports — the latest attempt by President Joe Biden’s agencies to Trump-proof his legacy. ** The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said …
We have yet to hear from Oklahoma’s congressional delegation about the Biden-administration’s Department of Energy report on LNG exports, but a few others are speaking out and blasting what the report recommended. “The only ‘science’ driving the Biden-Harris LNG pause and study is political science,” said Sen. Bill Cassidy of Louisiana. “It’s no secret …
With less than a month to serve in office because he is term-limited, Oklahoma Corporation Commissioner Bob Anthony is again reminding Gov. Kevin Stitt and elected legislative leaders that a one-page audit of one utility’s securitization bonds is not valid—it’s not legitimate. Anthony has argued for the past few years that the Corporation Commission’s …
Crude oil prices dropped to their lowest level in a week in Tuesday’s trading, mostly because investors believe demand from China and Germany will decline following negative economic news from the two countries. Prices declined nearly 1% as investors were still cautious about of an interest rate decision coming from the U.S. Federal Reserve. West …
Invenergy, the major firm behind the other large electrical transmission line proposed to run across northern Oklahoma confirmed it had asked the Energy Department to withdraw the Delta Plains Corridor from the drawing boards. In a recent statement, Invenergy stated, “Invenergy requested that the U.S. Department of Energy withdraw the corridor designation in Oklahoma, …
Falsified reports on hundreds of oil and gas sites in Colorado? It’s the claim of Colorado regulators who have made available more information about the alleged falsification of contamination data for hundreds of oil and gas sites by a pair of consulting firms, including a map of the locations in question. Colorado Newsline reports the …
Two cities in Oklahoma are set to be the recipients of nearly $33 million in government funds for water improvement projects under the Water Resources Development Act of 2024 passed last week by the U.S. House of Representatives. Woodward and Stillwater were among the community projects that fell under the Act. Oklahoma Congressman Frank Lucas …
Do something about permitting reform—-the urgent message to Congressional leaders from a coalition of oil and gas trade groups across the U.S. The coalition “has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress,” according to the Energy Workforce & Technology …
State legislators who complained of the Oklahoma Turnpike Authority’s recent decision to raise tolls are doing more than talking and voicing criticism. Some are resorting to drawing up legislation to give the legislature a voice in increased tolls. The Journal Record reports Norman Rep. Annie Menz indicated she and others are in the …