Category: General

Chesapeake Manufacturing Subsidiary Lays Off 98 Employees

A Chesapeake Energy Corporation subsidiary laid off 98 employees on Tuesday as part of the continued oil and natural gas industry slowdown. Oklahoma City-based Compass Manufacturing L.L.C. designs, manufactures, installs and sells natural gas compressor equipment. The company was formed in 2007 to supply Chesapeake Energy Corporation and MidCon Compression with natural gas production equipment, …

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Oklahoma’s in Bottom Tier of States for Working Moms

  When it comes to the best states for working moms, whether it’s in the oil patch, coal mines or electrical crews, Oklahoma is in the bottom tier of the states according to a survey by WalletHub. The organization said Vermont’s number one while Oklahoma is ranked 36th based on 13 metrics including day-care, professional …

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Solar Powered Plane Set to Fly to Midwestern U.S.

The solar-powered airline that landed on the west coast of the United States just a week ago flew to Phoenix, Arizona on Monday, safely completing the 10th leg of its round-the-world quest. Solar Impulse 2’s crew will now prepare for a flight to somewhere in the Midwest. The plane, with wings stretching wider than those of …

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Reuters: Energy Transfer Taking Steps to Renegotiate Williams Acquisition

Energy Transfer Equity is taking steps that may enable it to renegotiate its $20 billion cash-and-stock acquisition of Williams Companies, Inc., Reuters reported late Monday evening. The companies are seeking to reduce the number of days specified for completing some of the deal’s administrative requirements, which would give them time to engage in renegotiation of terms …

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Broken Arrow’s Zeeco Inc. Confirms Layoffs

The slumping energy sector has claimed more local jobs, according to the Tulsa World. Zeeco Inc., a Broken Arrow-based manufacturing company with a global presence, held a round of layoffs Friday, the company confirmed Monday. The provider of combustion equipment and advanced environmental systems says that the cuts are a result of the weak state …

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Coal Demand Tumbles in Oklahoma and Rest of the Nation

Ever since the election of President Obama, the nation’s use of coal to generate electricity has tumbled 29 percent from its peak of 1,045 million short tons. The latest figures show coal use has dropped in every state including Oklahoma where the amount of coal used in the coal-fired electric generating plants is 24 percent …

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OGE Heads to Corporation Commission with $92 million Rate Hike Request

  An administrative law judge will begin Tuesday what could be a several-week long hearing into a more than $92 million rate hike request by OG&E. The request was filed weeks before the utility won approval in a controversial Corporation Commission decision on making $500 million in environmental improvements to the firm’s coal-fired Sooner Power Plant …

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May Will Bring an End to Any Remaining Drought Areas of Oklahoma

May is expected to bring an end to any remaining areas of Oklahoma still under a drought, according to the latest Oklahoma Mesonet Report. “The precipitation outlook is bullish on above-normal precipitation across all of Oklahoma, but especially the southwestern two-thirds,” said Gary McManus, State Climatologist in the Monday edition of his daily reports. “The …

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Major Traffic Headaches Coming for OKC’s I-235 Drivers

  State Transportation Commissioners will meet Monday to consider the single largest contract in the history of the Oklahoma Department of Transportation. Commissioners are expected to vote on approval of an $81 million contract with possible financial incentives for the project to reconstruct and widen I-235 and replace the NW 50th Street and BNSF railroad …

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Tulsa Federal Judge Tosses Challenge to Merger of Williams Cos. and Energy Transfer Equity

Tulsa Federal Judge Gregory Frizzell has tossed a legal challenge filed against the merger of the Williams Companies, Inc. and Energy Transfer Equity of Dallas, Texas. The judge ruled against John Bumgarner, a Williams company retiree who was a senior vice president of planning and development for the company. He contended that statements made at the …

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