Oklahoma regulators delayed a decision on whether to develop an emergency rule to determine where crude could be stored in off-lease sites. In a meeting on Thursday, members of the Corporation Commission heard testimony then decided to put off a decision, favoring more testimony in the matter. Of those who testified Thursday, Terry Stowers of …
Activist investor Carl Icahn has picked one of the directors of some of his other companies to be nominated to serve on the board at Oklahoma City-based SandRidge Energy, the company he managed to take control of two years ago. Oklahoma City’s SandRidge Energy has filed an amended proxy statement with the Securities and …
Williams in Tulsa announced that it has placed in service Phase II of the Hillabee expansion project, an important Transco expansion that provides clean-burning natural gas to meet the needs of Florida’s rapidly growing power generation market. The incremental expansion of the company’s existing Transco pipeline provides capacity to Sabal Trail Transmission via a capacity …
Phillips 66 is urging shareholders to vote against an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation, a private Canadian-based investment company. TRC is attempting to purchase up to 2 million shares of Phillips 66 common stock at an offer of $57.50 a share, which according to PHillips 66 is nearly 5% below the …
The end of April marked the end of an era for the Oklahoma Department of Commerce – the Charles Kimbrough era. On April 30, after more than 20 years of service, Kimbrough, Director of Business Development, officially retired. Kimbrough joined Commerce in 1997 as a business recruiter and remained in that role for 11 …
As Oklahoma’s second-largest industry continues to grow, the University of Oklahoma is launching new graduate programs in aerospace and defense through the Michael F. Price College of Business to meet a nationwide workforce shortage head-on. The college will offer two graduate-level programs through its Gene Rainbolt Graduate School of Business, located in Oklahoma City, …
