June 19, 2023 archive

Oklahoma regulators to meet Tuesday

  Oklahoma Corporation Commissioners meet Tuesday afternoon to handle a number of  requests to plug abandoned wells and to consider approval of a request for a protective order sought by Oklahoma Gas and Electric. The agenda showed the request by the commission’s own staff to plug 10 abandoned wells located in Garfield County. The OG&E …

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Nearly 300,000 Oklahomans still without power from weekend storms

  From one end of the state to the other, tens of thousands of utility customers remain without electrical power following the Saturday night tornadoes and straight winds of 80 to 90 miles per hour. One man in Oilton was killed when the winds toppled a large tree onto his home. Another person was killed …

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Cleanup still underway for site of $4 billion Panasonic EV plant in Kansas

  While Kansas won the race with Oklahoma to land a $4 billion Panasonic EV battery manufacturing plant, it still has some environmental problems to confront—namely the cleanup of the more than 9,000 site that once was the Sunflower Army Ammunition plant in the eastern town of De Soto. It was announced recently by the …

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KBR wins contract as part of new refinery planned for Cushing

    Houston’s KBR was awarded a feasibility study contract as part of the Southern Rock Energy Partners refinery to be built in Cushing. Southern Rock announced earlier in the month it planned to create a first-of-its kind refinery at the Cushing Hub. Southern Rock’s proposed 250,000bpd refinery will be powered by solar, wind, waste …

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Oklahoma’s Broadband Expansion council to meet

  Oklahoma’s Broadband Expansion Council meets this week in Oklahoma City to get an update on the statewide effort to expand the broadband program. The Wednesday meeting will begin at 10 a.m. when there will be a planning update on the Broadband Equity, Access, and Deployment and Digital Equity Act programs. Board members will also …

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Alliance Resources moves to redeem senior notes and reduce debt

  The major coal mining company headquartered in Tulsa, Alliance Resource Partners, L.P., announced plans to redeem $50 million in senior notes due in two years. It’s seen as a step toward reducing company debt. The redemption involves the company’s 7.500% Senior notes which represent 12.5% of the $400 million in principal of notes that …

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Oklahoma’s 3rd annual State Suppliers Expo planned for October in OKC

  Oklahoma is promoting the approaching third annual State Suppliers Expo to be held in Oklahoma City. The Office of Management and Enterprises Services says the free event will be “better than ever” when it is held Oct. 5 at the Oklahoma City Convention Center, featuring businesses of all sizes and industries “Once again, attendees …

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Rig counts continue their decline in Oklahoma and the U.S.

  Baker Hughes Co. reported the nation’s decline in oil and gas rig activity continued again in the past week as the national count fell by 8 and Oklahoma’s numbers slipped by two. In other words, more rigs were idle in the past week. The count in Oklahoma fell to 42 compared to 59 oil …

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