February 4, 2021 archive

Lankford blasts Biden’s executive orders including those against oil and gas

  U.S. Sen. James Lankford took to the Senate floor this week to question how the President’s call for unity contradicts his partisan execution actions taken during his first two weeks in office. In his first ten days as President, Biden signed 22 executive orders including those that targeted the oil and gas industry with …

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Lankford added to Senate Energy Committee

  Oklahoma U.S. Sen. James Lankford was named this week by Senate GOP Leader Mitch McConnell to join the Senate Committee on Energy and Natural Resources making him one very busy member of Congress. Lankford will remain on the Senate Committee on Finance, the Senate Select Committee on Ethics, the Senate Committee on Homeland Security and …

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Magellan Midstream suffered 36% drop in net income

  Tulsa’s Magellan Midstream Partners LP  reported its net income in the fourth quarter suffered a 36% drop because of the COVID-19 pandemic and the slashed demand for refined products. Net income for the quarter was $183.9 million compared to $286.4 million from a year ago. The company leadership blamed not only the pandemic but …

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Siemens layoffs hit Tulsa

Layoffs at Siemens Energy have hit Tulsa where the company is laying off 22 employees and closing its facility. The German-based company announced plans earlier this week that it planned to eliminate 7,800 jobs worldwide by the end of its 2025 financial year. About 1,700 of them would be in the U.S. and it appears …

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