Ovintiv Inc. announced that NMB Stock Trust, a Delaware statutory trust, intends to offer for sale 15,000,000 shares of the Company’s common stock, par value $0.01 per share, pursuant to the Company’s shelf registration statement previously filed with the Securities and Exchange Commission. The Offering consists entirely of secondary shares to be sold by …
A heart to heart talk about energy. It’s the latest episode of Scott Mitchell Talks Energy with Jerry Bohnen. Sometimes it’s a direct explanation of the people, events and things that affect the energy industry, whether it’s oil and gas, wind, solar, electricity or even how regulators apply their standards.
Nearly a year after Oklahoma City filed suit against the Oklahoma Corporation Commission, challenging the agency’s decision allowing utilities not to collect franchise fees under the 2021 winter storm law, the Oklahoma Municipal League recently joined forces in the suit. In a recent filing, the Municipal League also argued against the Commission’s Public Utilities …
The EPA’s internal watchdog, the office of inspector general, issued a new report saying the agency should increase actions to address emissions of cancer-causing benzene from oil refineries nationwide. Oklahoma refineries were among those reviewed in the report but none were found to be releasing excess benzene emissions. The office of the EPA’s inspector …
The nation’s oil and gas rig count reversed itself in the past week, growing by one to reach 632, according to the latest report released Friday by Baker Hughes Co. It was the first gain in rig activity in the past several weeks. Oklahoma held steady with a count of 39 rigs, compared to …
State leaders in Oklahoma say the recent groundbreaking for a nickel/cobalt refinery in Lawton marks a significant step toward reducing the nation’s reliance on foreign countries for its raw material supply chain. A 480-acre tract in the OK SW Rail Industrial Park by Westin Elements will be the site of the company’s pilot refinery …
The Oklahoma Broadband Governing Board will meet at 3:00 p.m. on Tuesday, September 12, in the First Floor Conference Room, Suite 105, of the Harvey Parkway Building, 301 Northwest 63rd Street, Oklahoma City, OK 73116. The agenda will be posted prior to 3:00 p.m. on Monday, September 11, on this page: https://oklahoma.gov/broadband/board/meetings.html. The public may observe the …
Oklahoma Congressman Frank Lucas will get a chance in the coming week to question Energy Secretary Jennifer Granholm about her agency’s policies. Rep. Lucas, chairman of the House Science, Space and Technology said Granholm will testify Thursday, September 14 during a morning hearing. The hearing will examine the U.S. Department of Energy goals and …
ONEOK, Inc. announced that the two leading proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co. , have recommended that ONEOK shareholders vote in favor of all proposals related to ONEOK’s pending acquisition of Magellan Midstream Partners, L.P. at ONEOK’s upcoming Special Meeting of Shareholders. In making the recommendations, ISS and Glass Lewis …
Gasoline prices in Oklahoma are up at least 7 cents a gallon while Oklahoma City prices rose by 9 cents in the past week, accoding to a weekend update by AAA. The national average for a gallon of gas dipped a bit following the long Labor Day weekend, falling a penny since last week …