A former El Reno legislator who later became a spokesman for the Oklahoma Association of Electric Cooperatives, Harold Hale died this week. Before serving as Director of Legislative and Regulatory Affairs for the OAEC, Hale was a member of the State House of Representatives from District 3 and served from 1981 to 1990. After …
After this week’s failure to win approval of its tax hike plans in the Oklahoma House of Representatives, the group Step Up Oklahoma apparently is taking a wait and see approach. “For now, the group is taking a break and waiting to see what alternative plan (if any) comes out of the State Capital,” said …
The Oklahoma Transportation Department Commission met this week and awarded more than $102 million in contracts for improvements of highways, roads and bridges in 34 counties. The $102 million represented 46 contracts as the commission also approved 20 contracts for pavement rehabilitation or resurfacing. One was a $24.5 million contract to resurface and improve five …
While the head of the U.S. Department of Veterans Affairs faces calls to be fired for the cover-up of $120,000 in taxpayer financed air trips, EPA director Scott Pruitt’s defending his own high-priced trips. In an interview with the Manchester Union Leader in New Hampshire, Pruitt said security decisions were behind his use of first-class …
State regulators indicate most of the destroyed oil rig that blew up last month near Quinton, Oklahoma killing 5 men has been dragged from the site as the probe into the cause remains underway. A report from the Oklahoma Corporation Commission was released this week. “Rig has been skidded out of the way of BOP,” …
The site of the abandoned BlackFox nuclear power plant in eastern Oklahoma is about to become the location for a $350 million paper plant. An Italian-based firm, Sofidel America has announced plans to locate a new plant near Inola. And this week, demolition crews were busy removing foundations of buildings that were never built at …
A merger of two water construction companies was announced this week involving firms from Texas and California. Granite Construction Incorporated based in California has entered into an agreement with Layne Christensen Company of Houston, Texas. Granite is acquiring all of the outstanding shares of Layne in a stock-for-stock transaction valued at $565 million. The Boards …
Tulsa’s Williams Companies Inc. announced it not only had a net income off $1.687 billion in the 4th quarter of 2017 but it increased its adjusted earnings to $1.160 billion for the entire year. The unaudited fourth-quarter 2017 net income attributable to Williams was $1.687 billion, an improvement of $1.702 billion from fourth-quarter 2016. For …
Oklahoma’s ONEOK just got another major investor this week. State Street, the world’s 3rd largest investment firm based in Boston, Massachusetts made a significant purchase of ONEOK shares. State Street, with $2.8 trillion in assets and investments acquired 19,435,989 shares in ONEOK, giving it 5.07% ownership. The purchase was revealed in a filing made by …
Oklahoma City’s Chesapeake Energy has become the target of two major U.S. investment firms with each just acquiring 6 to 7 % of the shares in the company. Filings made by Chesapeake Energy with the U.S. Securities Exchange Commission show State Street, the 3rd largest investment advising firm in the world purchased 55,212,444 shares of …
