The largest hydrogen transit refueling station in North America has been opened in California by a subsidiary of Oklahoma City-based Love’s Family of Companies. Trillium opened the hydrogen center in Santa Ana, California. The center has the capacity to fill a transit bus in about 10 minutes but plans call for the fleet capabilities to …
Oklahoma City’s Chesapeake Energy has been named in a second lawsuit filed over last week’s deadly oil rig fire that claimed the lives of three workers in South Texas. The latest lawsuit was filed by attorneys for Madison Hendrix whose father Brad Hendrix died as a result of the fire in Burleson County about 70 …
A joint venture involving Noble Midstream Partners LP and Greenfield Midstream LLC has become a 20% owner of a major pipeline moving oil from Colorado and Wyoming to the Cushing storage farm in Oklahoma. The $155 million deal involves the joint venture called Black Diamond Gathering LLC which now owns 20% of the Saddlehorn Pipeline. …
Conner Industries, Inc., a leading provider of lumber, industrial wood crates & pallets, and engineered packaging solutions, announced that it will open a new manufacturing facility in Tulsa, Oklahoma in February 2020. The new facility is expected to serve large manufacturing customers with industrial transport and protective packaging solutions that utilize a broad range …
Seagate Technology reported flat second-quarter fiscal 2020 earnings. With operations in Oklahoma City, the hard-disk drive manufacturer had non-GAAP earnings of $1.35 a share which were down nearly 11% from a year earlier. Revenues were $2.696 billion which were down 0.7% from a year ago. But the company’s production increased in the quarter. During …
A filing this week with the U.S. Securities and Exchange Commission shows New York investment firm BlackRock Inc. now owns nearly 8% of Devon Energy. The filing indicated BlackRock Inc. had total ownership of 29,843,172 shares. But its sole voting power was 25,647,070 shares. Its share ownership totals 7.8% of the Oklahoma City energy company. …
Completion reports filed for February 5, 2020. completions: none were processed today
Permits to drill filed for February 5, 2020. permits: none were processed today
Many of those deals cut by Amazon, Facebook, Walmart and numerous other national companies for electricity from wind farms in Oklahoma make up a new report on 2019’s Top 10 Large Energy Buyers. Two of the top-ten companies have major power purchasing contracts in Oklahoma. The report from the Renewable Energy Buyers Alliance showed …
Guymon’s Seaboard hog slaughtering plant is getting a $100 million expansion, thanks to a recent decision by the Guymon City Council to approve a second Tax Increment Finance district for the operation. It’ll result in increased energy needs, both for the plant and for the transportation of millions of animals to the operation. The expansion …
