3Q earnings report by ONEOK to be released later in October

  ONEOK, Inc. plans to release its third quarter 2020 earnings report after the close of markets on Oct. 27. The company said its executive management will take part in a conference call the following day at 10 am. Central daylight time on Oct. 28. The call will also be carried live on ONEOK’s website. …

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State Chamber of Oklahoma Celebrates Manufacturing Month

(Cosmetic Specialty Labs, a fourth-generation family company, manufactures hair, skin and body products, as well as over-the-counter drugs, at a facility in Lawton.)   The State Chamber of Commerce and its members joined Gov. Kevin Stitt to celebrate October as Manufacturing Month and promote the Oklahoma’s manufacturing industry. Stitt signed a proclamation honoring the manufacturing …

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Renewable Energy Group Announces Planned Expansion of Geismar Renewable Diesel Plant to 340 Million Gallons per Year

  Renewable Energy Group, Inc. based in Ames, Iowa announced it plans to undertake a capacity expansion of its Geismar, Louisiana biorefinery by 250 million gallons annually to 340 million gallons per year. Construction should begin in mid to late 2021 with target mechanical completion date in late 2023. The announcement came after REG announced …

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Centurion Pipeline L.P. Announces a December 1, 2020 In-Service Date for Augustus Pipeline

  Houston’s Centurion Pipeline L.P., a company with a vast array of pipelines carrying crude to Cushing, Oklahoma says its Augustus Pipeline is on schedule and expected to begin service the first of December. The company said its “20”/18″ Augustus Pipeline” will provide connectivity for WTI, WTL and WTSR from Midland, Texas to Crane, Texas. …

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Electric school bus manufacturing sees growth across the U.S.

  School bus manufacturer Blue Bird Corporation says there is significant growth in the number of school districts purchasing its electric buses. . Since their introduction in 2018, the company reports it has seen a surge in demand for their 100% electric school buses. While a majority of these buses have been sold in California, the interest …

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Chevron, Brightmark Partner on Dairy Biomethane Fuel Projects

  Chevron U.S.A. Inc. is getting into the renewable natural gas business with dairy farmers. Together with Brightmark LLC in a joint venture, the two will own projects to produce and market dairy biomethane, a renewable natural gas.   Equity investments by each company in the new venture will fund construction of infrastructure and commercial …

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McAlester to lose Spirit Aerosystems plant

  An estimated 175 workers will lose their jobs as Wichita, Kansas-based Spirit Aerosystems plans to close its plant in McAlester, Oklahoma. The company blames the aviation market downturn caused by the COVID-19 pandemic as well as the grounding of Boeing’s 737 MAX. The closing affects 177 employees, according to a source familiar with the …

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Short-line railroads receive funding in Kansas

  The South Kansas and Oklahoma short line railroad is among several in Kansas to receive $5 million in grants from the Kansas Department of Transportation. Thirteen small rail road related projects received funding awards according to an announcement by Gov. Laura Kelly and Kansas Transportation Secretary Julie Lorenz. The 13 were recipients of KDOT’s …

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Gains traded for losses by energy companies in Tuesday’s stock trades

  Monday’s gains made for Oklahoma energy firms turned to losses for the most part in Tuesday’s trading. Alliance Resource Partners dropped 4% or 11 cents to finish at $2.83 per share. Blueknight Energy Partners LP slipped 3 cents or 2% to $1.42. Chesapeake Energy finished the day ahead 3 cents for a 1% gain …

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Oil prices notch back-to-back gains on supply disruptions, hurricane fears

  Oil futures notched back-to-back gains Tuesday, building on the previous session’s sharp climb as investors focused on a strike that’s curtailed Norwegian output and Hurricane Delta, which has led to production disruptions in the Gulf of Mexico. Delta is “rapidly intensifying as it enters the Gulf and oil companies are already beginning offshore evacuations …

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