The impact in Oklahoma of ATT’s plan to cut 3,400 jobs and close more than 250 stores nationwide isn’t known yet. But the job cuts are reported to be part of the economic impact of the coronavirus pandemic and the company’s efforts to focus on growth areas, according to ATT. The layoffs and store …
June 17, 2020 archive
Latest drilling permits are in Grady and Creek Counties
No completion reports on wells were filed Tuesday with Oklahoma regulators, a sign of how the dramatic plunge in drilling the state has affected the oil and gas industry. Four permits to drill were issued including two for a single pad site in Grady County. Gulfport Midcon LLC of Oklahoma City plans to …
US crude imports from Saudi Arabia approaching lowest level in 35 years
The amount of crude oil imported by the U.S. from Saudi Arabia is nearing a 35-year low, this after Saudi Arabia flooded the US with crude earlier in the year resulting in plummeting oil prices. Bloomberg reported that the kingdom has exported just one cargo to the U.S. so far in June, equivalent to …
$6 million grant for rail improvements at Port of Catoosa
Congressman Markwayne Mullin (OK-02) and U.S. Sen. Jim Inhofe (R-Okla.) announced this week that the City of Tulsa – Rogers County Port Authority will be awarded a $6.1 million grant to support the construction and improvement of rail transportation and utility infrastructure in support of a new two million square foot manufacturing and distribution …
Supreme Court likely to have final say over Keystone XL pipeline
The Trump administration has asked the U.S. Supreme Court to revive a permit program that would allow the disputed Keystone XL pipeline and other new oil and gas pipelines to cross waterways with little review. Earlier this year, a Montana judge suspended the U.S. Army Corps of Engineers’ permit program when environmental groups seeking …
Major changes underway at Schlumberger
Schlumberger began “major changes” to its organizational structure aimed at cutting $1.5 billion in costs a year at the oilfield-services giant. Whether those “major changes” will be visible at its Oklahoma operations isn’t clear. Shares of the Houston company at last check were up 1.2% to $19.56. Chief Executive Olivier Le Peuch, speaking at the …
Mississippi could be latest state to crack down on trespassing pipeline protesters
Mississippi is on the verge of becoming the 13th state in the past three years to slap new penalties on protests against fossil fuel infrastructure, a move adopted three years ago by the state of Oklahoma. A bill that cleared the Mississippi state Legislature earlier this week makes knowingly trespassing any property where …
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