The Kansas Corporation Commission has denied a request from Westar Energy that would’ve cost its customers about $93 million. The request called for Westar’s customers to bear the cost of the company’s seven-month lease and subsequent purchase of an 8-percent interest in Jeffrey Energy Center (JEC), located near St. Mary’s. “Had it been approved, the …
Tulsa-based NGL Energy Partners LP has announced a quarterly distribution. The distribution will range from 56 to 60 cents, depending on the type of unit held by the owners. It will be for the quarter ending Sept. 30 and will be paid to the holders of the Partnership’s 9..00% Class B Fixed-to-Floating Rate Cumulative Redeemable …
In a nearly $5 billion deal, Tulsa’s SemGroup has been acquired by Texas-based Energy Transfer. It’s deal that will expand Energy Transfer’s crude oil and NGL infrastructure by adding crude oil gathering assets in the DJ Basin in Colorado and the Anadarko Basin in Oklahoma and Kansas. It will also expand Energy Transfer’s crude oil …
Tim Wigley, the former president of the former Oklahoma Independent Petroleum Association died this month after a brief fight with cancer. He was 56. Wigley headed the OIPA in 2016 after a long career with such groups as the Mississippi Republican Party, the Mississippi Manufacturers Association, the Republican Party of New Mexico, Pac/West Communications and …
While the funeral for the late T.Boone Pickens is to be held this week, the Texas Panhandle ranch he developed and loved is still up for grabs. All for $250 million. His Mesa Vista Ranch totaling 64,809 acres in Roberts County north of Amarillo has been for sale since 2017. Known as an oil magnate, …
Oklahoma U.S. Sen. Jim Inhofe thinks it’s a bad idea—opening an Oklahoma office in Washington. It’s what Gov. Kevin Stitt wants to do as well as hiring a lobbyist to campaign congress for issues such as Oklahoma energy, agriculture and aviation. Despite Sen. Inhofe’s opposition, Gov. Stitt’s staff is moving ahead with the D-C office …
The 30th annual Denver Gold Forum is held this week featuring an invitation-only event attended by the world’s leading specialist precious metal investors. The event is described as the “world’s most prestigious precious metal equities investment forum” and is held at the Hyatt Regency in Denver. It will continue through Wednesday. The Denver Gold Forum …
The Fort Worth energy company, Basic Energy Services, Inc. announced its president and CEO, T.M. “Roe” Patterson plans to leave the company in pursuit of other business opportunities. Basic Energy Services has operations in Oklahoma, Colorado, Texas, New Mexico, Arkansas, Kansas, Louisiana, Wyoming, North Dakota and California. The Company has begun an executive search …
Seeking more investors, Tulsa mid-stream company, Cypress Energy Partners, L.P. will take part Monday and Tuesday in a New York investor’s summit. Peter C. Boylan III, Chairman, President and Chief Executive Officer will make a presentation at this year’s Fall Investor Summit. The Summit will be held at the Essex House and feature 160 companies …
Considered to be one of the main authors of the controversial Green New Deal, New York Democratic Congresswoman Alexandria Ocasio-Cortez has made another bold prediction. She says Miami won’t exist in a few years because of climate change. Speaking at a NAACP forum last week, she continued sounding an alarm in order to push the …