Inventories at the Cushing hub in Oklahoma have reached nearly a one-year high and to some, there will be more oil flowing into the delivery point for U.S. crude futures. That’s because the Sunrise oil pipeline system in West Texas was finished sooner than expected and the oil is flowing from the Permian to Cushing. …
Oklahoma’s two leaders in the state’s oil and gas industry—Harold Hamm and George Kaiser have two things in common—-they’re very wealthy and successful in the oil and gas business. But they also are diametrically opposed to how the industry should be taxed and regulated. And their differences caught the attention of Bloomberg News which recently …
Siemens, the German engineering firm with a wind-manufacturing plant in Hutchinson, Kansas and operations throughout Oklahoma’s wind farms announced it will layoff 200 workers at its gas turbines parts and components service center in Houston, Texas. The layoffs will happen next year and the company blamed a weaker global demand. The closing of the …
A grant of more than $158,000 has been made by the Oklahoma Energy Resources Board to the Oklahoma City school district as part of its continuing support of STEM programming. The presentation of the $158,392 was made by Mindy Stitt, OERB Executive Director to School District Superintendent dr. Sean McDaniel. The grant, which was conferred …
A North Dakota-based oil field service company ran into problems with the federal Labor Department and has been ordered to pay about $1.2 million in back wages to 275 current and former workers in half a dozen states. The government issued the order against Wyoming Casing Service Inc. after an investigation found violations of overtime …
As it prepares to begin construction of its $1 billion Midship natural gas pipeline in Oklahoma, Houston’s Cheniere Energy, Inc. announced the first commissioning cargo of LNG has departed its Corpus Christi liquefaction plant in Texas. It’s the first export of liquefied natural gas from the state and from a greenfield liquefaction operation in the …
Tulsa’s Corterra Energy is letting the country know that it’s been honored by The Oklahoman as a 2018 Top Workplace. The paper recently published its list which is based on employee feedback gathered through a third-party survey administered by research partner, Energage. “Top Workplaces is more than just recognition,” said Doug Claffey, CEO of Energage. “Our …
Houston’s Plains All American Pipeline, L.P., a firm with large operations throughout Oklahoma and the southwest has added a new member to its Board of Directors. Alexandra Pruner was appointed as an independent member of the Board and the Audit Committee. The 56-year old Pruner served as Partner and Chief financial Officer of Perella Winberg …
Environmentalists and Obama-era administration supporters don’t like it, but the Trump administration’s EPA is out with a newly-revised Waters of the U.S. Act. The EPA’s Acting Administrator Andrew Wheeler sees it as providing a clearer picture of what waters are regulated by the federal government and what are not. “The agency’s proposal would replace the …
The Environmental Protection Agency’s new Waters of the United States rule, the one introduced by the Obama administration and immediately drew the ire of farm groups nationally, now has the support of those groups. It also has the support of Oklahoma U.S. Sen. Jim Inhofe because it replaces what he called the “flawed regulation of …
