Fort Sill apparently was not affected by a recent cyberattack on American Water, the largest water utility in the U.S. and one that services water distribution at the Army post and 17 other military installations across the country. The New Jersey-based company confirmed this week in a a security statement on its website that it had …
Nabors Industries Ltd., with a field office in Oklahoma City, just expanded its global drilling operations with the acquisition of Parker Wellbore. Nabors made the deal by acquiring all of Parker’s issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar. The transaction …
Another legal win for Williams Companies in its legal fight with Energy Transfer. The Federal Energy Regulatory Commission decided this week against Energy Transfer’s request to review Williams Companies’ Louisiana Energy Gateway pipeline. “We deny Energy Transfer’s petition for the Commission’s issuance of an order to Williams to show cause,” stated FERC in the recent …
ONE Gas, Inc. indicated in a filing this week it just increased its borrowing ability from $1.275 billion to $1.350 billion with Bank of America and other banks. The Oklahoma firm explained it entered into a lender joinder and commitment increase agreement related to its restated revolving credit agreement dated March 16, 2021. Bank …
Remember more than a year ago how excited Oklahoma was as it attempted to partner with Arkansas and Louisiana in the proposed creation of a hydrogen hub project. The three states had hoped to earn part of the $7 billion in federal grants to build regional hydrogen hubs. What’s happened since? Possibly, waning support for …
November 12 is the date set by NGL Energy Partners LP of Tulsa for the release of its second quarter financial earnings statement. The company announced it will make the release after the close of markets on that Tuesday. NGL’s management team will hold an earnings call later in the day at …
When it comes to being energy efficient, Oklahoma ranks in the bottom half of the states, according to the personal-finance website WalletHub. The site released its report on 2024’s Most & Least Energy-Efficient States to see which states save people the most money while also saving the environment. The report came as October is National …
The Southwest Power Pool says its stakeholders, including Oklahoma, voted this week in support of an historic portfolio of the largest transmission investments in the history of the organization. The Oct. 15 vote was in support of $7.7 billion in transmission projects that fall under the SPP’s Integrated Transmission Planning process. The group …
** The Standing Rock Sioux Tribe files a new lawsuit claiming the Dakota Access pipeline is operating illegally after the U.S. Army Corps of Engineers flouted regulations to allow the project. ** The Port of Corpus Christi and its customers moved 53 million tons through the Corpus Christi Ship Channel in the third quarter of 2024, a …
Tuesday wasn’t kind to crude oil prices as they slid more than 4% to nearly a two-week low. It also paved the way for some big losses among Oklahoma energy stocks. The fighting in the Middle Easst and reports that Israel’s Prime Minister Netanyahu told President Biden any attacks on Iran would avoid oil …