January 9, 2023 archive

Drone maker supplies Navy in new deal

  Kratos, the drone maker with production in Oklahoma City, completed a recent deal allowing the U.S Navy to become the newest operator of the firm’s XQ-58A Valkyrie drone. Some of the details are still classified according to a report by The Drive which said it’s part of a “killer” program. Under the now-revealed deal, …

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Corporation Commission edges closer to relocation caused by renovation project

  Oklahoma Corporation Commissioners were told that technology advancements made by the agency in the past five years will prevent a “nightmare” when the commission and other agencies will be relocated in March due to a multi-million dollar remodeling of the Jim Thorpe building at the state capitol. Brandy Wreath, Director of Administration for the …

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Phillips 66 announces investment in NGL pipelines

  Phillips 66, the company with a refinery in Ponca City, Oklahoma announced a $3.8 billion acquisition of the common units of DCP Midstream, LP. The move will make Phillips a limited partner in DCP Midstream for a cash consideration of $41.75 per common unit and increase its economic interest in DCP to 86.8%. “We …

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Energy headlines

** An alleged terror attack temporarily disables a 100 MW solar array in Nevada that provides power to 13 Las Vegas casinos. ** The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency crude oil stockpile in February, according to a …

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Company with plans for facility in St. Louis hit with major pollution fine in Israel

  An Israeli company planning a St. Louis facility to manufacture components for lithium ion batteries agreed to pay a $33.5 million fine for pollution at a site in Israel. The St. Louis Post-Dispatch reported it was the largest such penalty in Israel’s history.   Click here for St. Louis Post-Dispatch