April 8, 2019 archive

Texas oil and gas works to end wind subsidies and Oklahomans are helping

The same kind of anti-wind movement that occurred in Oklahoma to bring an end to state-government subsidies is developing in the state of Texas. Like Oklahoma, the oil and gas industry in Texas pooled its resources to wage a fight in the Texas legislature where, using a foundation, it hired 20 lobbyists to carry out …

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President to visit Houston to announce orders to speed permitting of pipeline projects

Houston is to get a visit Wednesday from President Donald Trump where he plans to announce executive orders aimed at speeding up pipeline projects and expanding oil and natural gas production. Details of the orders have not been revealed but one senior officials has been quoted as saying the orders will streamline permitting and help …

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Patterson-UTI dropped from deadly oil rig lawsuit in Oklahoma

Houston-based Patterson-UTI has been dismissed from a lawsuit filed by the wife of an Oklahoma man killed in the January 2018 oil rig fire that killed five workers near McAlester. The dismissal of the negligence claim against the company means it cannot be refiled. Dianna Waldridge originally filed suit against Patterson-UTI and Oklahoma City-based Red …

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Eleven year old Entergy rate fight remanded back to state court in Mississippi

A Mississippi federal judge has ordered a nearly eleven-year fraud case against Entergy Mississippi back to a state court judge. The case involves claims that the state’s largest private utility defrauded customers by not buying cheaper power form other generators. The state also demanded Entergy should repay up to $2 billion to customers. But U.S. …

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Chesapeake’s annual meeting set for May 17

The annual meeting of shareholders of Oklahoma City-based Chesapeake Energy will be held May 17 at the campus of the company headquarters. A proxy statement filing by the company was made with the Securities Exchange Commission. In it, company President and CEO Robert D. Lawler and Board of Directors chairman R. Brad Martin said the …

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Environmentalists in Europe sue to force Shell to meet Paris accord climate targets

European environmentalists have gone to court to force Shell to meet climate change targets under the Paris accord. Hundreds of chanting activists staged a march to Shell’ls headquarters in the Netherlands on Friday to hand the company a lawsuit.   Shell greeted the protesters with coffee from an electric drinks van. It said that while …

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Baker Hughes to release 1Q 2019 earnings report end of April

Baker Hughes, a GE company plans to release its first quarter financial results on April 30. Management will also hold a webcast at 8:30 a.m. central time to discuss the results. The report will be released at 5:45 a.m. central time. The fourth quarter 2018 results released at the end of January 2019 showed revenue …

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Another jump in OKC gasoline prices

Oklahoma City gas prices have risen 7.1 cents per gallon in the past week, averaging $2.45/g today, according to GasBuddy’s daily survey of 669 stations. Gas prices in Oklahoma City are 22.4 cents per gallon higher than a month ago, yet stand 12.7 cents per gallon higher than a year ago. According to GasBuddy price …

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CareerTech partners honored by Oklahoma Association of Technology Centers

(Pictured from L to R) Skye McNiel, Sean Kouplen,¬†Glen Cosper, Jeanette Capshaw, ¬†John Manfred, Liz White, Jessica McAvoy, Darrell Weaver, Steve Ketchum, Chris Lange) The Oklahoma Association for Technology Centers recognized top industry partners for training and employing thousands of Oklahoma workers through CareerTech technology center programs this week at the annual Partners for Progress …

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