Category: General

LSB to be part of two investment conferences in NYC

  Oklahoma City’s LSB Industries, Inc. will take part in two conferences where it hopes to acquire more investors. The company’s EVP & Chief Financial Officer, Cheryl Maguire will take part in both conferences to be held in the coming week in New York City. On Wednesday, September 4, she will attend the Jefferies Industrials …

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Barclays Energy-Power Conference to include Oklahoma firms

  Two energy companies based either in Oklahoma or with extensive projects in the state will take part in the coming 2024 Barclays CEO Energy-Power Conference in New York City. Both Williams and Coterra Energy executives will be on hand with an interest in presenting company information that might attract more investors. Williams President and …

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Oklahoma Transportation Department has a lot of Labor Day traffic advisories

It isn’t just a brief list of highway projects in Oklahoma that might affect Labor Day motorists this weekend—-it’s a lengthy notification from the Oklahoma Transportation Department and the state Turnpike Authority. And it’s not just projects in Tulsa and Oklahoma City, but all over the state—-so beware. The following construction projects will impact travel …

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ONEOK’s operations just ballooned with $6 billion acquisitions

  In nearly $6 billion of two deals, ONEOK, Inc. has acquired more ownership of Enlink Midstream, LLC as well as Medallion Midstream, LLC. It’s an acquisition that just made ONEOK owner of one of the largest midstream operations in the Permian Basin. ONEOK acquired Global Infrastructure Partners’ 43% of EnLink’s outstanding common units and …

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Energy briefs

** Jobs in the renewable energy sector grew at twice the rate of overall U.S. jobs last year, the Energy Department said Wednesday in its annual U.S. Energy and Employment Report (USEER). ** An internal watchdog criticized the Environmental Protection Agency’s (EPA) top air official for participating in the development of a rule that regulates an industry …

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Crude oil prices slid 1% in Wednesday’s trading

Wednesday was a second straight day of losses for crude oil prices as they settled 1% lower, mostly because of a smaller-than-anticipated drawdown in U.S.. crude stockpiles, including those at Oklahoma’s Cushing Hub. There were also worries about Chinese demand. The latest tumble in prices came after a 2% decline on Tuesday. West Texas Intermediate …

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Another drop in crude oil stocks reported at Cushing and the US

  The amount of crude oil in storage in the U.S. took another dip in the past week, reported the U.S. Energy Information Administration. The drop included a slide of crude oil stocks also at the Cushing Hub in northern Oklahoma. The EIA reported a fall of 1.2 million barrels of crude oil at storage …

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Labor Day weekend begins celebration to end of long, hot summer

    The unofficial end of summer, i.e. Labor Day holiday weekend, is about here and it means Oklahomans will join millions of others across the country in traveling on the highways or in the air to celebrate. One good thing—gasoline prices are cheaper and down this week to $2.92 a gallon. AAA reports that …

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Energy Department funds more research into hydrogen

  The latest handout of government funds for alternative sources of energy involves nearly $9 million from the Department of Energy to 11 universities conducting research and developing projects to improve the performance of hydrogen-fueled turbines. None of the universities are in Oklahoma. The Department’s Office of Fossil Energy and Carbon Management stated it is …

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AG goes after contractor over alleged fraud

The Office of the Attorney General has charged an Oklahoma City man with defrauding clients out of more than $39,000 for construction work that was never done. Prosecutors allege Paris Bilbro 29, contracted with customers in Lawton, McLoud and Tuttle for roof repairs over a two-month period last year. His company, AMG Construction Group, failed …

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