The nation’s oil and gas rig count reversed itself in the past week, growing by one to reach 632, according to the latest report released Friday by Baker Hughes Co. It was the first gain in rig activity in the past several weeks. Oklahoma held steady with a count of 39 rigs, compared to …
State leaders in Oklahoma say the recent groundbreaking for a nickel/cobalt refinery in Lawton marks a significant step toward reducing the nation’s reliance on foreign countries for its raw material supply chain. A 480-acre tract in the OK SW Rail Industrial Park by Westin Elements will be the site of the company’s pilot refinery …
The Oklahoma Broadband Governing Board will meet at 3:00 p.m. on Tuesday, September 12, in the First Floor Conference Room, Suite 105, of the Harvey Parkway Building, 301 Northwest 63rd Street, Oklahoma City, OK 73116. The agenda will be posted prior to 3:00 p.m. on Monday, September 11, on this page: https://oklahoma.gov/broadband/board/meetings.html. The public may observe the …
Oklahoma Congressman Frank Lucas will get a chance in the coming week to question Energy Secretary Jennifer Granholm about her agency’s policies. Rep. Lucas, chairman of the House Science, Space and Technology said Granholm will testify Thursday, September 14 during a morning hearing. The hearing will examine the U.S. Department of Energy goals and …
ONEOK, Inc. announced that the two leading proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co. , have recommended that ONEOK shareholders vote in favor of all proposals related to ONEOK’s pending acquisition of Magellan Midstream Partners, L.P. at ONEOK’s upcoming Special Meeting of Shareholders. In making the recommendations, ISS and Glass Lewis …
Gasoline prices in Oklahoma are up at least 7 cents a gallon while Oklahoma City prices rose by 9 cents in the past week, accoding to a weekend update by AAA. The national average for a gallon of gas dipped a bit following the long Labor Day weekend, falling a penny since last week …
A grant that could revolutionize aerospace education by integrating drone technology into high school classrooms has been acquired by Port Muskogee. The grant was from the Oklahoma Aeronautics Commission Aerospace and Aviation Education fund and is described as helping the Port make a significant lead toward advacing aerospace education and innovation. It will also …
Oil prices and Oklahoma energy stocks wrapped up the week’s trading on Friday with gains for the day. Crude rose 1% to a nine-month high on increasing diesel futures and continued concern about tight oil supplies. West Texas Intermediate crude rose 64 cents or 0.7% to settle at $87.51 a barrel on the New York …
** General Motors Co. made a counteroffer to the United Auto Workers union, proposing a total 16% pay raise for the top wage earners in its plants and a 56% hike for newer employees who make less, the company said in a statement. UAW President Shawn Fain reacted quickly saying the proposal is “insulting.” ** …
Texas grid operators are learning their wind power has some issues. They faced a dilema this week when record heat resulted in a major demand for electricity to run air conditioners. The problem? The electricity generated by wind power in South Texas. Click here for Bloomberg
