September 6, 2019 archive

Port Aransas sued by Port of Corpus Christi

A fight is underway in court between the Port of Corpus Christi and the City of Port Aransas in Texas. The Port filed suit this week against the city in an attempt to break a 30-year lease of th Marina at Pork Aransas. The Marina sits on the Port of Corpus Christi property. The termination …

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Growing concerns in the big shale plays

Oklahoma’s slide in the number of oil and gas rigs isn’t the only reflection of what’s happening in the energy industry. Investors are losing faith in oil and gas despite the massive output of crude oil from such plays as the STACK and SCOOP in Oklahoma as well as the Permian Basin in Texas and …

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Koch seeks approval for expansion of Enid fertilizer plant

If a permit is approved, Koch Fertilizer plans a major expansion of its Enid fertilizer plant in northern Oklahoma. The company applied for a construction permit to carry out the expansion. If okayed, the construction would begin at the end of 2020 and take two year for completion. Koch wants to increase its ammonia production …

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Decline continues in Oklahoma’s oil patch

Oklahoma’s oil and gas industry continues its slide in oilfield drilling activity as the state dropped another 5 rigs to reach 75 this week compared to a week ago. A year ago, Oklahoma had 137 working oil and gas rigs but the drop in oil prices has taken its toll on oilfield activity. Nationally, the …

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DEQ board meets Tuesday in Ardmore

Members of the Environmental Quality Board  of the Oklahoma Department of Environmental Quality encourage residents of southern Oklahoma to attend a public forum scheduled for Tuesday, September 10, 2019. The public forum will be held following the regular business meeting of the board.  There is no way to estimate how long the business meeting will …

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Frontier to suspend Tulsa flights in November

Frontier Airlines announced it plans to suspend service out of the Tulsa International Airport beginning in November.  The suspension could be lifted sometime next spring according to airline spokesman Andrew Pierini.   Currently, Frontier has nonstop flights to Denver and Orlando, Fla., he said. Frontier returned to the Tulsa market two years ago.  

Trinity Rail’s leader announces retirement

After 44 years with Trinity Industries, Inc., the rail manufacturing company with operations in Oklahoma City and Dallas, CEO and President Timothy R. Wallace is retiring. He notified the company’s board of directors of his decision and will remain on the job while the company searches for a successor. “It has been my honor and …

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Holly Frontier announces 3Q announcement date

Holly Energy Partners, L.P., the Dallas company with refineries and storage facilities in Tulsa, as well as Kansas, New Mexico, Idaho and other states plans to release its third quarter financial results at the end of October. The company will announce the results before the opening of trading on the New York Stock Exchange on …

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