After a loss electrical power because lightning struck an electrical substation, the 3,000 residents of Lindsay once again have their electricity on. Workers of the Grand River Dam Authority worked since Sunday afternoon when a storm rolled through south central Oklahoma. Power was restored Monday around 4 a.m. “About 30 minutes after we lost power …
Eight years after Robert Young fell to his death while working as a roofer for Oklahoma Roofing and Sheet Metal company in Oklahoma City, his death has led to the state Court of Civil Appeals declaring part of the Oklahoma Workers’ Compensation law unconstitutional. In a ruling this month, the court declared that the exclusive …
Some Oklahoma homeowners who filed suit against seven energy companies, blaming them for an increase in their earthquake insurance rates have lost their challenge to a judge’s dismissal of their legal action. The 10th U.S. Circuit Court of Appeals in Denver has upheld the district court judge’s ruling against Matt Meier, Sheryl Meier, Kai Bach …
The Oklahoma Water Resources Board recently approved more than $43 million in loans for water and wastewater improvements to five cities across the state. The largest totaled $28,170,000 for a water and wastewater system in Owasso. The loan was made to the Owasso Public Works Authority. The money will be used to make improvements to …
Tulsa’s Alliance Resource Partners, L.P. announced Monday the $145 million acquisition of oil and gas mineral interests in the Permian Basin. It made the purchase of holdings from Wing Resources LLC and Wing Resources II LLC. the holdings involve 9,000 net royalty acres in the Midland Basin with exposure to more than 400,000 gross acres. …
After nationwide gasoline prices fell for seven consecutive weeks, prices rose slightly in the past week in Oklahoma City, according to GasBuddy and its daily survey of stations. Prices went up 3.4 cents a gallon reaching a new city average of $2.24 a gallon with the lowest price of $2.01 a gallon found in GasBuddy’s …
Leaders of Tulsa-based Helmerich and Payne, Inc. are headed overseas this week in search of new investors. Mark Smith, Vice President and Chief Financial Officer along with Dave Wilson who is Director of Investor Relations will attend the Simmons London Energy Summit on June 25. Smith will take part in a question and answer …
Phillips 66 Partners and Phillips 66 plan to release second-quarter 2019 financial results in late July. The big question is whether the company will be able to rebound after the marked fall in earnings from late 2018 to early this year. The release will be made on Friday, July 26 followed by a conference …
With rail operations that take its trains through eastern Oklahoma, Kansas City Southern plans to release its second quarter 2019 financial results next month. The company announced the release will be made Friday, July 19 before the opening of trading on the New York Stock Exchange. Company leaders will then hold an earnings conference call …
What happens in the Strait of Hormuz has a direct impact on some U.S. companies. Take for example the announcement Monday from Chevron Phillips Chemical Company LLC based in Houston, Texas. Chevron and Qatar Petroleum are planning to develop, construct and operate a petrochemicals complex in Qatar to produce ethylene and high-density polyethylene which will …
