Oklahoma Congressman Markwayne Mullin professes it’s time to make upgrades to Oklahoma’s McClellan-Kerr Arkansas River Navigation System. In his latest “Mullin’ it Over” column, the U.S. Representative warned the entire system is at risk due to crumbling and outdated infrastructure. “Throughout the country, our road, waterway, and rail infrastructures are in desperate need of repairs …
Halliburton declared a 2018 second quarter dividend of 18 cents a share on the company’s common stock during its recent annual shareholders meeting. Stockholders also elected as 12 nominees to the board of directors but rejected the executive compensation proposed by the board. “Our Board of Directors has structured our program to align executive compensation …
Tulsa’s WPX Energy apparently is in the process of moving offices. As News on 6 reported, the energy company is under contract to purchase a building in the downtown area for possible expansion of company headquarters. WPX is purchasing a former Spaghetti Warehouse restaurant in the 200 block of East Matthew B. Brady street in …
All eight members of the board of directors at Chesapeake Energy were re-elected at Friday’s annual meeting of shareholders, but the shareholders didn’t go along with the naming of executive officer compensation. Directors elected by the shareholders were Gloria R. Boyland, Luke R. Corbett, Archie W. Dunham, Leslie Starr Keating, Robert D. “Doug” Lawler, r. …
Drilling activity in the U.S. and Oklahoma held steady over the past week with the national count increasing by only one to reach 1,046 rigs. Oklahoma’s count remained the same as last weeks at 138 active oil and gas rigs. Figures from Baker Hughes Co. and the Independent Oil and Gas Association show the U.S. …
Former Tulsa congressman Jim Bridenstine, now administrator of NASA clarified his stance on climate change at a recent first town hall for him as the space leader. During the event, Bridenstine claimed his position on climate change has “evolved” and used the impact of tornadoes in Oklahoma as an example. “I don’t deny the consensus …
U.S. Sen. James Lankford chaired his first hearing as the new chairman of the Financial Services and General Government Appropriations Subcommittee. The hearing concerned the fiscal year 2019 budget requests of the Federal Communications Commission and the Federal Trade Commission. Lankford took over the leadership of the subcommittee after the resignation of former Chairman Senator …
XTO Energy, a firm with a Mid-Continent office in Oklahoma City is closing its corporate headquarters in Fort Worth, Texas and relocating business activities to Houston. XTO is a subsidiary of ExxonMobil Corp. and announced the move this week, one that will affect a total of 1,200 workers. The company informed the Texas Workforce Commission …
An investigation by NBC News came up with a fascinating finding that shows how some environmental groups aren’t exactly all revealing when it comes to their investments in—–oil and gas! While such groups have urged universities to divest themselves of investments in fossil fuels, the NBC investigation discovered some have quietly maintained such investments. The …
While solar power development is only in occasional use in Oklahoma, it’s growing in some states to the southwest. Intel reports it now has enough solar panels to cover 52 regulation football fields or 47 full-size soccer fields. In a recent announcement, Intel estimated it has installed 3 million square feet of solar arrays at …
