A Louisiana lawsuit accusing two former executives of setting up sham companies to allegedly rob Superior Energy Services subsidiary Stabil Drill Specialites of tens of millions of dollars includes a Yukon oilfield executive. The suit filed recently in Lafayette, Louisiana names longtime Stabil Drill executives Martin A,. LeBlanc and Christopher J. Russo of stealing …
An Oklahoma City battery company that works with electric car makers is creating 116 new jobs thanks to its participation in the Oklahoma Department of Commerce Quality Jobs Program. The State says Spiers New Technologies, Inc., a startup company that’s just more than one year old, will expand operations through the program and get nearly $2 million in …
Those Oklahoma exploration companies who’ve been busy in the state of North Dakota and its Bakken field find themselves facing new rules aimed at reducing spills in the oil patch. The North Dakota Industrial Commission has approved the rules despite the objections by the oil and gas industry. Among the new requirements will be …
What researchers are studying in West Texas has the attention of oil and gas people and others in Oklahoma—recycle oil and gas wastewater. Texas A & M is looking into treating the wastewater, recycling it and using it to irrigate farmland. And so far, it appears to be working according to News 9’s Alex Cameron …
In the wake of the failed merger between the Williams Companies and Energy Transfer Equity, nearly half of the Williams’ board of directors resigned Thursday afternoon following an unsuccessful attempt to remove Alan Armstrong as the company’s Chief Executive Officer. News of the board resignations spread quickly among the Tulsa business community. “We were really …
