US convenience stores chain 7-Eleven said that it will open Laredo Taco Company restaurants in more than 10 of its stores across the Oklahoma City metro area by early 2021. Laredo Taco Company is an authentic Mexican food restaurant, which is known for its authentic tacos that are served on handmade flour tortillas, which are […]
Commercial Metals Company, a Texas-based steel and metal manufacturer, said its fully-owned subsidiary CMC Steel Oklahoma has acquired almost all of the assets of AZZ’s Continuous Galvanized Rebar business which produces GalvaBar. GalvaBar is said to be a galvanized rebar, which has a zinc alloy coating for giving superior corrosion protection and also superior post-fabrication […]
Southeastern Trail expansion project FERC approval : The Williams Companies has been granted a certificate of public convenience and necessity for the Southeastern Trail project from the US Federal Energy Regulatory Commission (FERC). Southeastern Trail is an expansion of the Transco pipeline system aimed at giving additional pipeline capacity to cater to the Mid-Atlantic and Southeastern […]
WPX Energy acquisition of Felix Energy : WPX Energy, an Oklahoma-based natural gas liquids company, has signed a $2.5 billion deal to acquire Delaware Basin operator Felix Energy. Based in Denver, Colorado, Felix Energy was founded in 2013. The Delaware Basin operator is financially backed by EnCap Investments and JP Morgan. Felix Energy, which has […]
Energy Transfer acquisition of SemGroup : US midstream energy company Energy Transfer has agreed to acquire SemGroup for a total consideration of approximately $5.1 billion, including the assumption of debt and other liabilities. SemGroup, which is headquartered in Tulsa, Oklahoma, operates a network of pipelines, processing plants, refinery-connected storage facilities and deep-water marine terminals across […]
Insurance acquisition news : US specialty insurance brokerage company Alliant Insurance Services has acquired Oklahoma-based insurance agency Fred Daniel & Sons for an undisclosed price to strengthen its southwest presence. According to Alliant Insurance Services, the Tulsa-based Fred Daniel & Sons brings close to 100 years of experience and a legacy of excellence in commercial […]
Energy acquisition news : Alliance Resource Partners (ARLP), an Oklahoma-based natural resource company, has completed a previously announced $145 million acquisition of oil and gas mineral interests from Wing Resources and Wing Resources II (collectively, Wing Resources) in the US Midland Basin. The acquisition expands the footprint of Alliance Resource Partners in the Permian Basin […]
US wind industry news : Apex Clean Energy has offloaded the 303MW Diamond Spring wind project in Oklahoma to Allete Clean Energy, a fully-owned subsidiary of Allete, for an undisclosed price, as per the latest energy acquisition news. Diamond Spring wind project location The Diamond Spring wind project, which will be located in Johnston and […]
Encana acquisition of Newfield : Encana Corporation has successfully completed the acquisition of US oil and gas company Newfield Exploration for $7.7 billion as per the latest energy acquisition news. The deal signed last November also includes assumption of the Texas-based Newfield Exploration’s net debt of $2.2 billion by the Canadian natural gas and oil […]
Choctaw Casino and Resort expansion project: Choctaw Nation of Oklahoma has announced a new expansion project for its Choctaw Casino and Resort in Durant in Bryan County, Oklahoma to increase room capacity, gaming floor and for adding new amenities. Choctaw Casino and Resort Expansion Project The latest expansion will be the fourth for Choctaw Casino […]