CORONAVIRUS NEWS BUSINESS SPORTS ARTS & ENTERTAINMENT FOOD THINGS TO DO OPINION MORE FROM HOMEPAGE “Lack of leadership.” Six Dallas council members say they have lost trust in police chief after protests Watch: Firefighters continue to battle massive industrial blaze in Grand Prairie Dallas County reports 550 backlogged coronavirus cases and 237 new cases, adds …
Newpek LLC leaves Texas and sells oil and gas holdings
The Mexico-based holding company Alfa announced that its Newpek LLC, a Texas-based company with operations in Oklahoma announced it has bailed out of Texas. The company divested all assets in Texas including its offices and the divestiture includes the firm’s wells and leases in the Eagle Ford Shale and Edwards Shale. At the close …
Xcel Energy names new board member
Minnesota-based Xcel Energy, the owner of 210 miles of transmission lines in Oklahoma and numerous projects in Colorado has elected a new board member. Patrick Kampling, recently retired as chairman and CEO of Alliant Energy Corporation in Madison, Wisconsin was named to the company’s board. She previously held leadership roles at Exelon Corporation and …
Sustainability report released by Concho Resources
Texas-based Concho Resources Inc. has released its 2020 Sustainability Report. The report outlines the energy company’s approach to environmental, social, governance and safety performance and includes an update to Concho’s 2019 Climate Risk Report. Click here to view the release.
Mammoth Energy Services, Inc. Regains Compliance with the Audit Committee Requirements under the Nasdaq Listing Rules
Mammoth Energy announced it has regained compliance with Nasdaq after failing to have at least three members on its company audit committee in May. In a filing with the Securities Exchange Commission, Mammoth said it won Nasdaq approval following the Aug. 12, 2020 naming of Dr. Corey J. Booker to the Board and its …
Oklahoma regulators discuss reopening headquarters in early September
Some Oklahoma regulators are ready to reopen their headquarters building to the public in order to resume in-person hearings and cases. Corporation Commissioners on Tuesday expressed their concerns about the number of cases that have not been heard because of the COVID-19 pandemic. Commissioner Dana Murphy especially pushed for a resumption of holding hearings …
U.S. benchmark ended unchanged while local stocks dropped on Tuesday
As traders awaited the latest data on U.S. crude supplies, oil futures were unchanged in the U.S. and made only a 9-cent gain overseas. They also are paying close attention to a meeting of an OPEC+ panel which has the charge of monitoring the effect of production cuts by major producers. In trading on …
Lucas Applauds U.S. Department of Commerce’s $1.2 Million Investment in Oklahoma’s Third District
Three economic development groups in western Oklahoma are the recipients of more than $1 million in CARES Act Recovery Assistance grants. Rep. Frank Lucas, in whose 3rd Congressional district the Economic Development District organizations are located said the $1.2 million in funds will be used to update plans and programs to help communities in …
Producers Alliance to hold an “in person” annual meeting this week
The Oklahoma Energy Producers Alliance is still planning to hold an “in person” annual meeting on Friday in Oklahoma City. The meeting will be at the downtown Embassy Suites and include an update from Attorney General Mike Hunter on the U.S. Supreme Court ruling that could leave nearly half of the state under tribal …
Mid-Con Energy faces survival test
After losing nearly $12 million the second quarter and a shakeup in leadership, Tulsa-based Mid-Con Energy Partners admits in a filing with the Securities and Exchange Commission that serious doubts exist as to whether the company can survive beyond 2021. The sharks in the business world are forcing company leaders to seriously wonder if …
