May 14, 2018 archive

Oklahoma Firm One of 2 Cited Over 2017 Fatal Gas Pipeline Fire in Colorado

OSHA has cited Oklahoma City’s Complete Energy Services Inc. and DCP Midstream L.P. of Denver and proposed  more than $79,000 in fines over the deaths of two workers in a fire at a gas pipeline. The U.S. Occupational Safety and Health Administration in Denver announced the $79,004 fine following the deadly incident which happened November …

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Contractors PAC Reaches Ethics Commission Agreement

The Oklahoma Ethics Commission  says it has reached a settlement agreement with the Associated General Contractors Oklahoma PAC after the PAC self-reported violations of state laws. The Commission voted recently to approve the agreement after the PAC admited it deposited more than $12,000 of contributions into the wrong account. The PAC also admitted to receiving …

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Key Energy Loses President—-Begins Search for Successor

Houston-based Key Energy Services announced the sudden resignation this week of President and Chief Executive Officer Robert Drummond. He notified the company on Friday of his designation to resign to pursue another opportunity. Key Energy, a company with regional offices in El Reno, Oklahoma and operations throughout Oklahoma named current Senior Vice President and Chief …

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SandRidge Energy Continues at Odds with Carl Icahn

In the battle of the boards between Oklahoma City’s SandRidge Energy and activist investor Carl Icahn, Icahn has made the latest move. He has nominated two more directors to the energy company’s board. After the Board rejected his nomination of five board members, Icahn threw in the names of Nancy Dunlap and Jonathan Christodoro as …

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OKC Considers $1.7 million Incentive for Amazon

The Oklahoma City Economic Development Trust meets Tuesday to consider a $1.7 million incentive to bring Amazon’s fulfillment center to the metro area. The $153 million center would create an estimated initial 53 jobs with a starting annual salary of $60,000 but eventually, total employment would be close to 1,750. Plans call for the 2.6 …

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Rep. Mullin Focuses on Opioids and Nuclear Waste

The U.S. House Energy and Commerce Committee recently voted to send two bills by Oklahoma Congressman Markwayne Mullin to the floor of the house. Both focus on the opioid crisis. House Resolution 3528 is the Every Prescription Conveyed Securely Act which will require e-prescribing for prescription drugs recognized as  controlled substances under the Medicare Part …

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Energy Skeptic Predicts Permian Basin’s Production will End in 7 years

When it comes to the massive oil production in the Permian Basin, “The best years are behind us,” claims former Amoco scientist Arthur Berman. It’s what he recently told engineers, geologists, lawyers and financiers who gathered for the annual meeting of the Texas Energy Council. “The growth is done,” he proclaimed. This is the same …

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Drought Tightens Grip on Northwest Oklahoma

Oklahoma’s drought is growing and the U.S. Drought Monitor now has more than 23 percent of the state in an exceptional drought. The Panhandles of Oklahoma and Texas have the worst conditions according to experts at the National Drought Mitigation Center in Nebraska. Three months ago, Oklahoma had no exceptional drought listed areas. But the …

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Enel Green Power Partners with 3 Osage County School Districts

Enel Green Power, operator of the Osage Wind Farm in Osage county has announced it is partnering with Osage County school districts to support educational resources in the classrooms. The partnership involves school districts at Shidler Public Schols, Woodland public schools and the Pawhuska public school district. Enel Green, described as the largest wind-farm operator …

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Governor Vetoes Energy-Related Bills

Oklahoma Gov. Mary Fallin vetoed at least two energy-related bills over the weekend that had been sent to her by the legislature including one that would have put more oil and gas money into a “Vision Fund.” House Bill 1401 called for 5% of all receipts from gross production taxes on oil and gas to …

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