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, …
January 9, 2023 archive
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 …
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 …
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 …
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
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