January 17, 2018 archive

ONEOK Announces Increase in Quarterly Dividend

Directors at ONEOK, Inc. declared on Wednesday a quarterly increase of its dividend of 2.5 cents a share or 3 percent compared with its prior dividend, bumping the dividend to 77 cents a share. It resulted in an annualized dividend of $3.08 a share and will be payable Feb. 14, 2018 to shareholders of record …

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Icahn and SandRidge Energy Leaders to Meet

Leaders of Oklahoma City’s SandRidge Energy were scheduled to meet Wednesday with investor Carl Icahn over his demands for a shake-up of the company’s board of directors. His demands came after he publicly challenged SandRidge Energy’s proposed $746 million acquisition of Bonanza Creek Energy in Colorado. Icahn and other investigators argued it was too expensive …

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Inhofe to Meet With EPA Chief Pruitt This Week

From Politico’s Morning Energy Report: FOR YOUR RADAR: Sen. Jim Inhofe, a long-time friend and ally of EPA Administrator Scott Pruitt, told ME the two would have a catch up conversation this week. ME asked Inhofe to see if he could get any more deets on Pruitt’s forthcoming trip to Israel. SPOTTED: Pruitt met with a group of …

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SoonerPoll Gives Early Nod in Governor’s Race to OKC Mayor Mick Cornett

Whoever is elected Governor of Oklahoma later this year will have a lot to say about the impact of state government on the energy industry, whether it is oil and gas or wind. As those in the energy industry decide who to support, SoonerPoll’s latest survey of voters shows Oklahoma City Mayor Mick Cornett is …

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2017 Saw $6 billion in New Business Investments in Oklahoma

A new report from the Oklahoma Department of Commerce says the state had more than $6 billion in new investment by companies in 2017. More than 3,500 jobs are eventually expected from the announcements.  At least 22 companies were new to the state. The largest investment was Invenergy’s $4.5 billion wind farm in the Oklahoma …

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Governor Makes Assurances Over False Alarms of Missile Attacks

Oklahoma Gov. Mary Fallin is trying to assure Oklahomans that a false warning about any missile attack on the U.S., whether it is from North Korea or not, is not likely. In a statement this week, the governor said “Procedures are in place to prevent a false warning being sent by the Oklahoma Department of …

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Senate Commerce Committee Votes Thursday on Bridenstine’s Nomination to Run NASA

The U.S. Senate Commerce Committee votes Thursday on the re-nomination of Oklahoma Congressman Jim Bridenstine to be the next Administrator of NASA. The hearing will start at 10 a.m. Oklahoma time as the committee plans an executive session to discuss Bridenstine’s nomination as well as others. He previously earned committee confirmation by one vote as …

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Oil and Gas Industry Groups Support Step Up Oklahoma

Two of Oklahoma’s largest oil and gas industry groups have come out in support of Step Up Oklahoma, the newly-formed group of business and civic leaders seeking reforms in state government and an end to the state budget crisis. Both the Oklahoma Independent Petroleum Association and the Oklahoma Oil and Gas Association announced they are …

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