Two years after a natural gas pipeline ruptured under the Arkansas river between Little Rock and North Little Rock, a replacement line is going to be installed. And the developer maintains the new line will be much safer. The 3,100-foot line will replace the 63-year old pipeline that ruptured May 231, 2015 near the Clinton …
May 2017 archive
Drone Bill Passed by State House and Returned to State Senate
The bill requiring utility companies to obtain permission before flying drones over private property was back before the Oklahoma State House on Saturday during the rare weekend meeting. House Bill 1326, authored by Rep. Casey Murdock (Felt-R) had been changed in the Senate but Representatives rejected them and approved the measure a second time on …
Dakota Access Pipeline Protesters Set up New Camp in Iowa
Neighboring farmers in Iowa don’t like it, but some of the protesters who tried to block the final construction of the Dakota Access Pipeline in North Dakota have created a new settlement. They moved onto a 14-acre site near Williamsburg, Iowa to create a permanent pipeline protest encampment they call the Little Creek Camp. It …
Texas Panhandle Energy Group Wants President’s Recognition of Industry
Oil and gas leaders in the Texas Panhandle who formed a group called the Panhandle Import Reduction Initiative three years ago are asking President Trump to correct what it claims are unfair trade policies hurting the U.S. oil and gas industry. They also want the President to recognize oil and gas among core industries in …
Special Meeting Date Set for ONEOK Merger Vote
Tulsa-based ONEOK Inc. has announced a special meeting of its shareholders will be held in June to vote on the proposed merger with ONEOK Partners. The merger agreement was announced Jan. 31, 2017 and at the June 30 special meeting in Tulsa, ONEOK Partners unitholders will vote on the merger agreement. Under the proposed merger, …
Chesapeake Energy Offers $750 million in Notes as It Struggles in 2017
Oklahoma City-based Chesapeake Energy announced Monday the offering of up to $750 million in its outstanding senior notes as the company continued with its economic struggles. The offering includes no more than $200 million of 6.625% Senior Notes due 2020 and 6.875% Senior Notes due 2020 and no more than $200 million of 6.125% Senior …
Former Mayor Defends Lawsuit Over 1989 Bribed Oklahoma Corporation Commission Vote
While the State Supreme Court is reviewing a challenge of a bribed Corporation Commission vote from 1989, the former Nichols Hills Mayor leading the challenge defends the lawsuit. In a letter to the editor in the recent Friday edition of the Oklahoman, Sody McCampbell Clements said the lawsuit was not a waste of time as …
WTI and Brent Crude Surge Over $50 a Barrel on Friday
Crude oil futures made an abrupt departure from losses, breaking the $50 a barrel benchmark and reaching their highest levels in a month, according to Bloomberg MarketWatch. June West Texas Intermediate crude added 98 cents, or 2%, to settle at $50.33 a barrel on the New York Mercantile Exchange. The settlement was the highest in over …
New Chairman Named at Williams Companies in Tulsa
A new chairman of the Board has been named at The Williams Companies, Inc. Stephen W. Bergstrom was elected to replace Dr. Kathleen B. Cooper who will become Chair of the Board’s Nominating and Governance Committee. Cooper has been on the Williams Board since 2006. Bergstrom joined the Williams Board in August of 2016 and …
$5 million EPA Grant to Help Quapaw Tribe with Tar Creek Cleanup
A $5 million grant has been made by the U.S. Environmental Protection Agency to help the Quapaw Tribe of Oklahoma in its continued cleanup of the Tar Creek Superfund site in northeast Oklahoma. The grant actually totaled $4,896,088 and the money will be used in continuing the remediation of contaminated soils from tribal lands. “I …