May 9, 2023 archive

Oklahoma Corporation Commission makes temporary move

  A lot of changes are being made by the Oklahoma Corporation Commission as its headquarters at the Jim Thorpe Office Building undergoes millions of dollars in renovation. The commission is relocating the Oklahoma City office to the Will Rogers Memorial Office Building at 2401 N. Lincoln Blvd in the Capitol Complex. The agency intends …

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Groundbreaking for Tesla’s lithium refinery in South Texas

  Construction vehicles roared and beeped this week as Tesla’s CEO Elon Musk and Texas Gov. Greg Abbott formally opened Tesla’s $375 million lithium refinery in south Texas. It was seen as another effort by Musk to control more of the supply chain for the growing production of electric vehicles. The refinery is located in …

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Oklahoma Commerce Department Executive Director resigning

  Oklahoma Commerce Executive Director Brent Kisling says it’s time for him to focus on new challenges. It’s why he is resigning from the post he first took when Gov. Kevin Stitt took office in his first term. The Tulsa World reported Kisling submitted his resignation in a May 1 letter to the governor. Click …

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Nine Energy records $6 million loss in first quarter

  Houston’s Nine Energy Service, Inc., a company with operations throughout Oklahoma’s STACK play, reported a loss of more than $6 million in first quarter revenues but it didn’t surprise company President Ann Fox. “First quarter results were as expected, with revenue within our original guidance, “said Fox in a statement after the company shows …

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Helmerich and Payne leaders seek more investors

  Helmerich & Payne, Inc. leaders plan to be part of an investor conference this week and next. John Lindsay, President and Chief Executive officer along with Mark Smith, Senior Vice President and Chief Financial Officer and Dave Wilson, Vice President of Investor Relations will be part of a Citi 2023 Energy and Climate Technology …

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Congressional GOP leaders want investigation of Biden’s use of Petroleum Reserve

  Congressional Republican leaders are calling for the government to investigate President Biden’s depletion of the nation’s Strategic Petroleum Reserve. Leaders of the House Energy and Commerce Committee, Cathy McMorris Rodgers of Washington and Senate Energy and Natural Resources Committee ranking member John Barrasso of Wyoming made the request in a letter to the Government …

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