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More Entergy solar operations coming to Arkansas
Louisiana-based Entergy is expanding on its solar power developments in Arkansas. A report by Arkansas Business indicated Entergy already has three major solar plans in operation in Arkansas and two more are on the way. Click here for Arkansas Business
Lankford reminds Democrats who is really responsible for high gasoline prices
While Democrats plan a House committee hearing this week continuing their accusations that the oil and gas industry is reaping huge profits and gouging Americans at the gas pumps, Oklahoma Sen. James Lankford accuses Democrats of avoiding their own responsibility for high prices. It’s what he wrote about in a recent column entitled: Democrats …
Hilliary named to State Regents for Higher Ed
Governor Kevin Stitt announced the appointment of telecommunications industry executive Dustin Hilliary to the Oklahoma State Regents for Higher Education. Since 2005, Hilliary has served as managing partner for Lawton-based Hilliary Communications, which provides telephone and broadband service to more than 15,000 customers in Oklahoma, Texas and Iowa …
Oil leaders to face the heat Wednesday before Congress
This is the week that Devon Energy’s Richard Muncrief is to join other oil and gas industry leaders in facing the heat from Democrats on the House Energy and Commerce Committee. The Democrats plan a Wednesday morning hearing entitled “Gouged at the Gas Station: Big Oil and America’s Pain at the Pump,” a hearing …
Additional energy headlines
** Exxon Mobil Corp on Monday said its first-quarter production results could top a seven-year quarterly record, with operating profits from pumping oil and gas of up to $9.3 billion according to Reuters. ** JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it …
Lawsuit blames Excel Energy for deadly Colorado wildfire
Yet another claim has surfaced about what caused the December 2021 wildfire that destroyed more than 1,000 homes in suburban Denver, Colorado. A class-action lawsuit filed in recent days now puts the blame on Excel Energy, alleging sparks from a power line lit the deadly and destructive blaze reported the Associated Press. Click here …
Creation of new jobs in Oklahoma
New jobs, new government contracts and a new industrial park make up some of the news from the Oklahoma Office of Workforce Development. Bill Hancock, the Business Services & and Rapid Response Coordinator at the Office issued a weekly report on Monday. A New Industrial Park OKC Logistics Park, by Flint Development and marketed by Newmark Robinson …
Patterson-UTI works to return to higher active rig count
Patterson-UTI indicated in a recent report it is still working on fully recovering to its 2019 active rig count, one that includes at least 20 working rigs in Oklahoma as of the end of 2021. The Houston-based company stated its average active U.S. rig count for the fourth quarter of 2021 was 106 rigs, …
Future of Cypress Environmental hangs in the balance
Tulsa-based Cypress Environmental Partners, L.P. admits it continues to struggle financially and might be approaching operational collapse if it cannot reach a new credit agreement. The company says because it has yet to get a new credit agreement, its filing the annual 10-K report with the SEC has been delayed. The company filed a …
Fiber optic training to be financed by Pandemic Relief Funds
Some Pandemic Relief Funding received by Oklahoma will go toward training of fiber optic technicians at two vocational-technical schools in the state. Rep. Logan Phillips, R-Mounds announced the Joint Committee on Pandemic Relief Funding-Transportation, Infrastructure & Rural Development Working Group approved the proposal last week. He said the full committee will be tasked with development …