Senior executives of Tulsa-based ONEOK, Inc. will participate in the Tuohy Brothers Ninth Annual Energy Conference on Wednesday in New York City. ONEOK’s Walter S. Hulse III, Chief Financial Officer and Executive Vice President, Strategic Planning and Corporate Affairs, and Kevin L. Burdick, Executive Vice President and Chief Operating Officer, will direct several one-on-one meetings with …
August 6, 2018 archive
Continental Partners with Franco-Nevada for New SCOOP and STACK Mineral Subsidiary
Oklahoma City-based Continental Resources, Inc. announced a new multimillion dollar strategic alliance on Monday with Canada-based Franco-Nevada Corporation. Franco-Nevada agreed to invest $220 million for an interest in the newly-created minerals subsidiary. Both companies committed to spend up to a combined $125 million annually for the next three years to acquire minerals in Oklahoma’s prolific SCOOP and STACK plays, …
Natural gas pipeline fire leaves one worker dead in Midland County, Texas
A natural gas pipeline explosion and fires that happened last Wednesday in Midland County, Texas claimed the life of one of the injured workers. Bud Taylor worked for Navitas Midstream Partners and was fatally injured when the natural gas pipeline caught fire and exploded, injuring seven workers. Taylor was one of five workers and two …
$345 million in USDA loans to rural electric coops including one in southern Oklahoma
The Red River Valley Electric Association in Marietta is among 20 rural electric cooperatives nationally receiving more than $345 million in U.S. Department of Agriculture loans to improve rural electric service in 14 states. Red River is getting an investment of $16,326,000 according to the announcement made this week by Ag Secretary Sonny Perdue. The …
$400,000 pickups to be part of no-delay construction effort on I-235 in OKC
The Oklahoma Department of Transportation is unveiling a new project to ensure there are no traffic delays in the I-235 construction project in Oklahoma City. It involves the use of two specially-designed pickup trucks, each valued at $400,000. One stranded car inside a highway work zone can cause significant delays for thousands of drivers. The …
Nation sees highest gasoline prices in 4 years while Oklahoma holds steady
Gasoline prices have risen to their highest August averages in the U.S. since 2014 while in Oklahoma, the average is up a penny to a statewide average of $2.63 per gallon. The national average is up to $2.87 a gallon, as nationwide demand for gasoline hit 9.88 million barrels a day. The Energy Information Administration …
New poll shows Anthony with 20 point lead over challenger in Corporation Commission runoff
A new poll by Real Clear Politics shows Oklahoma Corporation Commissioner Bob Anthony with a 20 point lead in his GOP runoff race with former State Senator Brian Bingman. Real Clear Politics reported 50% of those polled on August 1 and 2 favored Anthony who is seeking his 6th term in office while 30% supported …