October 25, 2018 archive

OKC to be home to I-T firm bringing 150 new jobs

Governor Mary Fallin today welcomed the announcement by Rural Sourcing, the leading provider of U.S.-based information technology outsourcing services, that it will open a development center in Oklahoma City. The center will create 150 software development jobs that will provide solutions to Real Sourcing’s Fortune 1000 and technology clients. This decision equates to a more …

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PSO Crews returning home from Florida after Hurricane Michael

Public Service Company of Oklahoma crews are on their way home after spending the past two weeks helping restore electrical power to residents hard hit by Hurricane Michael in the Florida Panhandle. The 120 PSO employees left Thursday. They represent the company’s Tulsa, Lawton and McAlester Districts and left Oct. 9 for Pensacola, Florida. There, …

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Judge orders government to talk with environmentalists

  A Federal judge in Colorado has ordered the U.S.  Bureau of Land Management to renew negotiations with environmental groups who filed suit to stop the government from opening hundreds of thousands of acres of federal land in Colorado to oil and gas exploration. U.S. District Judge Lewis T. Babcock recently ruled in a lawsuit …

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Small earthquake recorded near Coyle in Logan County

Oklahoma’s latest earthquake was Thursday morning near the Logan County town of Coyle and measured 2.7 magnitude. The U.S.  Geological Survey recorded it at 5:26 a.m. and was only about a mile in depth. The epicenter was .3 mile west of Coyle and about 12 miles northeast of Guthrie. The quake is in the area …

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Showing off McClellan-Kerr Waterway

A little P-R effort will be undertaken Friday in an effort to show off the state’s major waterway system in eastern Oklahoma. The Tulsa Port and the Port of Muskogee are joining together to host elected officials for a luncheon and barge excursion.    Local, state and federal officials, as well as other area business leaders will …

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Southwestern State to offer program on cleanup of streams affected by mining

            A program on remediating streams that have been affected by mining activity will be held this Wednesday, October 31, at Southwestern Oklahoma State University in Weatherford.             Dr. Robert W. Nairn, professor in the School of Civil Engineering and Environmental Science at the University of Oklahoma, will speak at 4 p.m. in Room 212 …

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Tulsa sees big jump in airport use

Tulsa International Airport saw its busiest September in 11 years as a total of 120,448 passengers boarded planes. It surpassed the 2008 September when enplanements were 115,400. The airport reported passenger volume was up 12 percent compared to September 2017 according to a report in the Tulsa World. “Airlines have continued to invest in Tulsa …

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Big jump in earnings reported by ConocoPhillips in 3Q

  ConocoPhillips reported third-quarter 2018 earnings of $1.9 billion or $1.59 a share. The earnings saw a major improvement over the third-quarter 2017 earnings of $0.4 billion or 34-cents a share. The adjusted earnings, excluding special items came to $1.6 billion or $1.36 a share compared to $0.2 billion and 16-cents a share for the …

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Forbes’ Global 2000 biggest and best companies includes some with Oklahoma connections

Sorry to say no Oklahoma-based energy industries made the Forbes Global 2000 list of World’s Best Employers. However, the list of 500 did include some firms with operations in Oklahoma including General Electric which was ranked 31.  GE’s Oil and Gas Technology Center, which opened in 2016 is located in Oklahoma City. Noble Energy was …

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Oklahoma City’s LSB Industries reports $26 million net loss in 3Q

  Oklahoma City’s LSB Industries Inc. reported a net loss of $26 million for the third quarter of 2018. It was an increased loss from the $17.1 million reported for the third quarter of 2017.  The 2018 loss figured to be  $1.22 a share compared to 91-cents a share a year earlier. The company said …

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