Nearly two years after he gained a promotion amidst an executive leadership shakeup at Tulsa’s Unit Corporation, Senior Vice President and Chief Operating Officer David P. Dunham is leaving the energy company. His departure was announced this week in a filing with the Securities and Exchange Commission in which Unit Corporation stated that he …
July 7, 2022 archive
Falling Continental Resources shares make Hamm’s offer look stronger
Billionaire Harold Hamm’s $70 a share offer to take Continental Resources private might be looking more and more attractive these days. Especially since prices for a share of the company he founded in the late 1960s have fallen since he made the offer in mid-June. Three weeks later and Continental shares have dropped closer …
Canoo delays plant construction in Oklahoma
Electric vehicle maker Canoo now says its plant in Pryor in northeast Oklahoma won’t be completed until 2024 while the manufacturer deals with money issues. Canoo announced earlier in the year it intended to build the manufacturing plant in Oklahoma and also move its headquarters to Bentonville in Northwest Arkansas. Click here for KNWA …
Headlines of other energy news stories
** The Department of Energy is opening up funding to states and tribes to strengthen their power grids against extreme weather events. ** A growing number of consumers are eager to buy a battery electric vehicle, especially if certain concerns related to EV ownership are addressed, such as creating greater access to charging, extending vehicle range, and lowering purchase prices, according …
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