A collection of pro-biofuels and agriculture groups has sued EPA over a provision of its E15 rule that they say has effectively prohibited the sale of ethanol blends ranging from 16 to 50 percent, below the threshold to be classified as the E85 used in flex fuel vehicles according to POLITICO’s Morning Energy Report. The groups have …
A day after filing a prospectus with intentions to offer notes, Tulsa’s ONEOK made a a filing with the Securities and Exchange Commission detailing a $2 billion offer in notes. The company’s SEC filing laid out what notes will be offered, their due dates and how much value the notes will have. The offering includes …
With no background in government or politics, Oklahoma Gov. Kevin Stitt has leaned on his business background to find people to serve in his administration according to a report by Oklahoma Watch. And like many business leaders, he’s turned to both personal and formal networks. One of those got noticed in some circles: YPO, formerly …
The EPA will not identify the 31 refineries that received renewable fuel stand waivers announced last week. The waivers were from annual renewable volume obligations and created more bipartisan pressure from corn and oil states on the Trump administration. EPA’s announcement included the rejection of six other exemption applications, along with a statement of intent …
CorEnergy Infrastructure Trust, Inc., the Kansas City-based real estate investment trust that owns pipelines and storage terminals reports it has closed a previously announced offering of $120 million in senior notes. The closing involved 5.875% convertible senior notes due 2025. The offering resulted in nearly $116 million net proceeds to CorEnergy after deducting the initial …
Oklahoma City’s Enable Midstream Partners, LP is seeking more and new investors. Leaders of the company intend to take part in the 2019 Citi Midstream and Energy Infrastructure Conference on August 14, 2019 in Las Vegas. Enable’s President and CEO Rod Sailor and other members of the company’s senior management team will meet with investors …
(From News 9 in OKC) U.S. Senator Jim Inhofe (R) of Oklahoma made a stop in Oklahoma City at Kratos Defense Monday, August 12, to push a bill, he said, will encourage workforce development. Senator Inhofe’s bill would help to pay for high tech and high paying jobs like those at Kratos. Inside the 100,000 …
Newfield Exploration Mid-Con Inc. reported four series of multi-well pads in Kingfisher County including one pad with 5 wells producing combined production of more than 3,300 barrels of oil a day. The 5-well pad, located at 19 17N 8W or about 3 miles southeast of the town of Loyal had completions of 696, 338, 750, …
Earnings and income were down in the second quarter 2019 for OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company. The company reported earnings of 50 cents per diluted share for the three months that ended June 30,2019 compared to 55 cents a share a year ago. OG&E, a regulated electric utility, …
With summer heat expected to top 100 degrees, electric grid operators are asking Texas residents to help ease power demand during peak times on Monday and Tuesday. The Houston Chronical reported that the Electric Reliability Council of Texas indicated that Lone Star State residents set another new record for weekend peak demand late Sunday afternoon. Statewide electricity …