Military drone-maker Kratos Defense and Security Solutions, the San Diego-based company with a manufacturing plant in Oklahoma City continues to get more and more defense contracts. The latest is one for more than $19 million to build 21 jet-powered target drones to be made in Oklahoma City. The company’s Unmanned Systems Division obtained the sole-source …
Methane emissions from the Permian basin of West Texas and southeastern New Mexico, one of the largest oil-producing regions in the world, are more than two times higher than federal estimates, a new study suggests. The findings, published Wednesday in the journal Science Advances, reaffirm the results of a recently released assessment and further call …
The nation’s electric co-ops, and that includes those across Oklahoma which often must maintain miles of powerlines to support small numbers of customers, say they have been slammed by the decline in electricity consumption due to the drop in economic activity during the Covid-19 pandemic. A study released Wednesday by the National Rural Electric Cooperative …
** U.S. crude oil production is down 100,000 barrels per day from last week, to 12.2 million bpd, according to data from the Energy Information Administration. The agency also calculated crude production is down 800,000 bpd from the end of March. ** Almost three dozen oil tankers carrying 20 million barrels of oil are gathered off California’s coast, with …
It no doubt comes as no surprise that manufacturing in Oklahoma and other states that make up the Tenth District of the Federal Reserve Bank of Kansas City dropped in the past month. But what is a surprise is that the April Manufacturing Survey found results at their lowest level in 26 years. ““If the …
One northern Colorado County knows it will take an especially hard hit from the pandemic and the oil crisis. It is Weld County, the heart of the D-J Basin where Oklahoma companies like SandRidge Energy have produced some lucrative wells. But the COVID-19 pandemic has slapped the county hard, as BizWest discovered in a series …
Normally Acela Truck Company, based in Belgrade, Montana manufactures high-mobile fire and rescue trucks—brush pumpers and the like used to fight wildfires. But the company has now been asked to do something entirely different on the manufacturing spectrum—make portable morgue trailers for the federal government as it deals with the deaths from COVID-19. The …
Senators James Lankford (R-OK), Joe Manchin (D-WV), Jon Tester (D-MT), and Cindy Hyde-Smith (R-MS) called on the Federal Communications Commission to update the broadband coverage maps being used to distribute the 5G Fund’s $9 billion to expand reliable broadband access across America. During the COVID-19 pandemic, it has become increasingly clear that millions in …
More energy companies are being warned of being delisted from the Nasdaq Stock Market and the New York Stock Exchange because trading of their shares has fallen too low in the past month. One is Oklahoma City-based Mammoth Energy Services, Inc. and another is Nine Energy of Houston. Mammoth was notified last week that for …
NextEra, the company building the largest hybrid renewable project in the U.S. in northwestern Oklahoma stunned the renewable energy industry Wednesday by stating it plans to spend $1 billion next year on battery storage projects. Already building the 700 MW facility west of Enid, the company will use Skeleton Creek wind farm to serve 21 …
