March 2020 archive

PSO Joins National Campaign to Combat Scams

  The FTC’s National Consumer Protection Week is underway and as a member of Utilities United Against Scams, PSO is joining this weeklong advocacy to educate customers on how they can guard against falling victim to imposter utility scams. In 2019, PSO received more than 1,500 calls from customers reporting an attempted scam.  It is …

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Williams Cos. urges shareholders to reject mini-tender offer

Tulsa’s Williams Cos. has come out against an unsolicited “mini-tender” offer from TRC Capital Investment Corporation. It also claims the offer is really an attempt to take advantage of market volatility caused by the coronavirus fear. TRC is attempting to purchase 5 million shares or approximately 0.41% of outstanding shares at a common stock price …

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Two injured in fire at Williams gas plant in northern Colorado

A fire at a Williams natural gas plant in northern Colorado’s Weld County on Monday left two workers with non-life threatening injuries. The Williams Companies’ Mustang natural gas compressor station remained closed at last week while an investigation was under way.   Williams public relations and media specialist Erica Jones said there was no immediate …

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Energy news in brief

** A federal judge in Utah has nixed a lawsuit challenging the Bureau of Land Management’s sale of a few dozen oil and gas leases in the southeastern part of the state. Friends of Cedar Mesa and the Southern Utah Wilderness Alliance will have to wait to resolve their concerns over the environmental analyses of 43 leases …

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Mammoth Energy says government owes it $227 million over Puerto Rick storm work

While it fights lawsuits over its power restoration contracts in Puerto Rico following the 2017 Hurricane Maria, Oklahoma City-based Mammoth Energy says it is still owed $227 million by the U.S. government. It is also warning shareholders and investors of possible harm to its income-making abilities should it lose some of the lawsuits. In a …

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$82 million project to repair six I-40 bridges in Del City

Bids will go out this month on a large state Transportation Department project to replace six Interstate 40 bridges that are considered deficient in Del City. As The Oklahoman reported this week, it will mean at least three years of traffic headaches and construction for drivers. Highway contractors are preparing to replace six structurally deficient …

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ConocoPhillips expands board of directors

ConocoPhillips announced Tuesday that its board of directors has elected David T. Seaton and Al Walker to serve as board members. Seaton served as chief executive officer of Fluor Corporation from 2011 to 2019, and as chairman from 2012 to 2019. He joined Fluor in 1985 and held numerous positions both in operations and sales …

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Chevron moves to cut workforce—offers buyouts

Chevron Corporation workers are being offered buyouts as the company attempts to reduce its workforce in light of sharply lower oil and gas prices. It’s what Reuters reports about the No. 2 U.S oil producer. Company sources told the news agency that the company decided to reduce staff after reviewing operations late last year as energy …

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OGE shareholders meeting set for May

The annual shareholders meeting of OGE Energy Corp. will be held May 21 in Oklahoma City. A proxy filing with the Securities and Exchange Commission stated the meeting will be held at 10 a.m. on that Thursday in the Skirvin Hilton Hotel. “We continue to take advantage of U.S. Securities and Exchange Commission rules that …

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Energy project sparked House Bill to transfer Historic Preservation Office

The delay of an energy project is apparently behind a  state house vote this week in support of a bill to remove the Oklahoma Historic Preservation Office from the control of the Oklahoma Historical Society and put it under the state Department of Commerce. Republican Rep. Scott Fetgatter of Okmulgee authored House Bill 1710 which …

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