Scott Pruitt’s problems are mounting at the EPA, the giant agency he’s run ever since President Trump appointed him Administrator last year. The latest report indicates one of his longtime supporters at the Environmental Protection Agency has resigned over the growing ethical allegations leveled against the former Oklahoma Attorney General. On Thursday, it was revealed …
Shareholders of Continental Resources Inc. in Oklahoma City got the alert this week that the annual meeting will be held May 17. It has been set to be held on that Thursday at the Skirvin Hilton Hotel beginning at 10 a.m. This week’s notification included proxy materials to be sent over the Internet, a move …
Nearly two years after an Oklahoma City man used his credit card to make a utility bill payment, police have arrested a former OGE worker with credit card fraud. Felony charges were filed this week in Oklahoma County District Court against Sang Thanh Le. He worked in the call center at OGE from the fall …
With final approval from the Federal Energy Regulatory Commission, Dallas-based GridLiance Holdco, L.P. has taken over operation of the electric transmission assets of the city of Nixa, Missouri and expanded its operations through the Midwest. Nixa is a suburb of Springfield and the acquisition includes a 10 mile, 69 kV transmission line between the city …
Murphy Oil Corporation’s Board of Directors announced this week it has declared a quarterly cash dividend of 25-cents a share or $1 a share on an annualized basis. The dividend on the Common Stock of the El Dorado, Arkansas-based company will be payable June 1, 2018 to stockholders of record as of May 14, 218.
The new and improved Mustang Energy Center owned by Oklahoma Gas and Electric went into full commercial operation in Oklahoma City on March 31. Siemens was a technology partner for the project and supplied seven aeroderivative gas turbines and generators to boost output for the Mustang Plant to nearly 462 megawatts. The new turbines and …
Tulsa’s Midstates Petroleum Company, Inc. announced this week it has sold its Anadarko Basin producing properties in western Oklahoma and the Texas panhandle in a $58 million deal. The identity of the buyer was not revealed. The divested properties, according to Midstates, had fourth quarter 2017 net production of 3,900 barrels of oil equivalent. Anticipating …
Scott Pruitt’s move to correct pay raises given through a loophole in federal law to some EPA employees turned into an embarrassing interview for the former Oklahoma Attorney General. Interviewed this week on Fox News, it appeared Pruitt just dug himself into a deeper hole about using a little known aspect of a law …
Oil prices dropped in Wednesday’s trading but the slide could have been greater had it not been for a turnaround in the U.S. stock market and a draw on U.S. crude supplies. West Texas Intermediate crude fell 14 cents and settled for the day on the New York Mercantile Exchange at $63.37 per barrel on …
First quarter results for oil refinery operator Holly Energy Partners, L.P. will be released May 1. With refineries in Tulsa and El Dorado, Kansas and other sites around the country, Holly Energy plans to announce the results before the opening of trading on the New York Stock Exchange. It will hold a webcast conference later …
