Tulsa-based Cypress Energy Partners L.P. announced its year-end 2017 earnings report showing a more than 30% increase in net income in the fourth quarter of the year compared to a year ago. Company leaders say it’s a sign things are turning around for the company. Revenue for the fourth quarter was $69.4 million, down from …
Crude oil prices climbed above the $65 mark on Friday for the first time since early February and analysts attribute the increase to John Bolton. He’s the outspoken pick by President Trump to be his new U.S. national security adviser. Why would prices go up over Bolton’s appointment? Because many observers believe it will mean …
A report indicates at least one major wind industry company has dropped its membership in the Wind Coalition because of the claims of an Oklahoma legislator who alleges a tracking device put on his truck was put there by the wind industry. Invenergy, the company behind the project to build the largest U.S wind farm …
Saying airspace in the U.S. belongs to “we the people”, Oklahoma congressman Steve Russell reports a victory in the fight against those who wanted to privatize the FAA’s Air Traffic Control System. He made the announcement this week in a newsletter to constituents. After leading a long and hard-fought battle against proposed privatization of our …
Oklahoman David Benham’s lawsuit that accused a sand and gravel company of illegally discharge dredge and fill material into an Oklahoma Creek has been upheld by the Denver Federal Appeals Court. The U.S. 10th Circuit Court of Appeals upheld his citizen lawsuit against Ozark Materials River Rock Company in which the firm was accused of …
The latest oil and gas drilling rig counts show an increase nationally but a decline in Oklahoma. The Baker Hughes Co. of Houston reported the national count grew by 5 in the past week to reach 995. The count included 4 more oil rigs to reach 804 and the addition of one gas drilling rig …
Tulsa-based Ross Group has won a $150 million contract to do engineering work for the Navy installations in the southwestern part of the U.S. The Naval Facilities Engineering Command Southwest was one of three firms chosen to carry out engineering, procurement and construction services. The work will be performed on military installations in the …
While the weekend forecast called for possible rain, northwest Oklahoma’s drought is growing. The Oklahoma Mesonet reports the far northwest and the eastern parts of the Panhandle are in the worst category, “Exceptional Drought.” More than 8 percent of the state fits into the classification compared to zero just three months ago. From the …
Phillips 66 Partners plans to release its first-quarter 2018 financial results in about a month. The Houston company announced it will make known the results on Friday, April 27. The results will be released early in the day and the company will follow it up with a conference call later in the day after 1 …
For those taxpayers who wonder about the efficiency of their own Oklahoma state government, they have been handed yet another head-scratching incident. A SNAFU is what one state official called it. And we all know what SNAFU means. The Oklahoma Agriculture Department admits it owes $55,000 to another state agency but it can’t figure out …
