Lincoln Clean Energy (LCE), a subsidiary of Ørsted and a leading developer of U.S. renewables, announced it has acquired a 103 MW construction ready wind project in Butte County, South Dakota. LCE purchased the project from Pattern Energy Group, an independent renewable energy company with wind and solar assets in the United States, Canada, and …
With the Independence Day holiday approaching, the Oklahoma Department of Environmental Quality (DEQ) encourages Oklahomans to visit the state’s lakes, rivers, or streams. While recreating at these natural water bodies, DEQ reminds you to follow some simple tips to help keep you and your family safe while swimming, boating, canoeing, or enjoying other water activities. Natural bodies of water, …
The Mid-America Business Conditions Index suggests there will be economic growth in Oklahoma and 8 other states in the Midwest and Plains areas. The June survey by Creighton University economist Ernie Goss found “weak farm income, produced partially by tariffs and flooding, pulled regional growth below that of the nation.” But he also found in …
A report indicates the bankruptcy of White Star Petroleum, the company whose bankruptcy has stalled more than one lawsuit will remain in Oklahoma City. The Oklahoman reported over the weekend that the case will stay in Oklahoma City bankruptcy court where five creditors filed the involuntary case against the firm in May. White Star sought …
One of the latest energy companies to fall victim to struggling finances is Weatherford International. The oilfield services firm based in Houston, Texas but with a handful of offices in Oklahoma City and Yukon has filed Chapter 11 bankruptcy protection after warning in May that it might do so. Holders of nearly 79% of the …
PAE Applied Technologies, LLC, has agreed to pay $4,200,000 to settle civil claims stemming from allegations that it submitted false claims to the United States Air Force, announced Timothy J. Downing, United States Attorney for the Western District of Oklahoma. PAE is a Delaware limited liability company that provided services to the Air Force under …
Phillips 66 has published its 2019 Sustainability Report titled Purpose and Progress, making it digitally available to employees, communities and investors at www.phillips66.com/Sustainability. The publication builds on the company’s previously released sustainability report and brochures, while proactively sharing Phillips 66’s 2018 performance across its four sustainability pillars of operating excellence, environmental stewardship, social responsibility and financial performance. “Through …
Two companies, one in Kansas City and the other in Houston have announced the start of a binding joint tariff open season to solicit commitments for crude oil transportation. Tallgrass Energy, LP and Kinder Morgan,Inc. through its subsidiary Hiland Crude, LLC made the announcement to carry oil from Bakken origin points on the Hiland Crude …
Gasoline prices jumped 8 cents in the past week in Oklahoma reaching a new statewide average of $2.43 per gallon. The higher average is still below the national average of $2.72 which is six cents higher than last week at this time. AAA Oklahoma reports the average one week ago was $2.35 a gallon. Across …
Houston’s Key Energy Services, Inc. has been warned by the New York Stock Exchange it is not in compliance with the Exchange’s continued listing standards. The company revealed the notification came because over a period of 30 consecutive trading days, the average market capitalization of Key’s common shares was below $50 million. Key’s stockholders’ equity …
