April 2020 archive

Regal Cinemas makes layoffs permanent in Oklahoma

Oil and gas workers in Oklahoma aren’t the only ones losing their jobs due to the COVID-19 pandemic and the oil crisis. Regal Entertainment headquartered in Tennessee notified the Oklahoma Workforce Development office on Wednesday that it was closing its three cinemas in Moore, Broken Arrow and Midwest City and being forced to lay off …

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Chesapeake Energy said to be preparing to file bankruptcy

  Only a few days after we reported how Oklahoma City’s Chesapeake Energy Corp was on a short list of energy companies likely to fail this year and Reuters reported the company is preparing a potential bankruptcy filing. Reuters attributed “people familiar with the matter” and reorted that the company, as reported previously by other …

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Williams Cos. shareholders honor longtime director

  Kathleen Cooper                   ]     Longtime Williams director and former Chairman of the Board Kathleen Cooper was honored at this week’s annual shareholders meeting on Tuesday. Cooper, a Director since 2006, is one of a select few women to serve as an S&P 500 company …

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DEQ urges reopening OK businesses to flush water lines

With much of Oklahoma set to reopen Friday from the coronavirus pandemic, the State Environmental Quality Department is issuing some advice for businesses returning to near normal conditions as possible. The Oklahoma Department of Environmental Quality recommends Oklahoma’s businesses closed for prolonged periods of time to flush water lines. As many buildings have had little to no …

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Energy news in brief

** Venezuelan President Nicolás Maduro named a powerful ally sanctioned by the U.S. as a drug kingpin, along with a cousin of the late socialist leader Hugo Chávez, to revamp Venezuela’s oil industry amid massive gasoline shortages. Tareck El Aissami was appointed oil minister and Asdrúbal Chávez tapped to head of state-run oil giant PDVSA. ** Ford and …

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Unchanged cash distribution announced by Cypress Environmental

  Cypress Environmental Partners, L.P. announced Wednesday the board of directors of its general partner declared a cash distribution for the first quarter of 2020. The cash distribution is $0.21 per limited partner common unit. This amount remains unchanged from the fourth quarter of 2019. The distribution will be payable on May 15, 2020 to …

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Gunman wanted for shooting at oilfield workers in Colorado

It wasn’t your typical drive-by shooting. This one involved oilfield workers who were targeted by a gunman this week in Weld County, Colorado and now the gunman is on the run and being hunted by deputies. Denver 7 TV news reported the shooting happened Monday afternoon when a white man in his 30s or 40s …

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Conservative groups support biofuel blending waivers

  About two dozen conservative groups are asking President Trump to go ahead and waive the controversial biofuel blending requirements fought by at least one small Oklahoma refinery and others. The groups sent the President a letter this week pitching their request against the Renewable Fuel Standard for the rest of this year. Twenty-three groups …

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Expansion of New Mexico nuclear waste site challenged by environmentalists

  A lawsuit’s been filed by an environmental watchdog group against the government plan for more construction at the country’s only underground nuclear waste repository in the state of New Mexico. The suit was filed in the New Mexico Court of Appeals by the Southwest Research and Information Center which claims state environmental officials ignored …

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Federal judge rules against Nebraska in wind power lawsuit

A federal judge is stopping a Nebraska state agency from ending power purchase agreements with three wind farms in the state. The ruling came against the Nebraska Public Power District. Laredo Ridge Wind LLC, Broken Bow Wind LLC and Crofton Bluffs Wind LLC filed a lawsuit last year, alleging NPPD was improperly attempting to cancel …

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