Calfrac Well Services Ltd. shareholders in Calgary have spurned a takeover offer from Texas-based Wilks Brothers LLC at a contentious meeting where the sparring sides put forward two different plans for the heavily indebted fracking company. Financial Post reported that shareholders owning more than two-thirds of the company’s stock voted in favour of a recapitalization …
State Rep. Trey Caldwell, R-Lawton, led a recent interim study to discuss the current systems in place for emergency management and ways to improve response time. The study was presented before the House Public Safety committee. “When a person’s health or safety is at risk, they’re not concerned with whether the emergency responders come from …
Entergy Arkansas and NextEra Energy Resources will start construction next month on what will be the state’s largest sun power array with battery storage, a 100-megawatt plant in White County, Arkansas. The project, the Searcy Solar Energy Center, will employ 250 construction workers and include 10 megawatts of storage capacity for three hours of daily …
Oklahoma City-based Panhandle Oil and Gas Inc. has become PHX Minerals Inc. The name change took effect Oct. 8. Chad L. Stephens, Company President and CEO explained the firm embarked on a new corporate strategy at the beginning of the year to become a minerals-only company. “This new strategy means we will no longer …
A Lake Charles company has embarked on an ambitious plan to create a vast repository 10,000 feet beneath the Earth’s surface for the permanent storage of up to 80 million tons of carbon gas now released into the air by Louisiana industrial plants. The repository is actually a permeable layer of rock containing saltwater — …
** Climate change is among the six topics set for discussion between President Donald Trump and Joe Biden at the final presidential debate this week. ** President Trump approves California’s request for a disaster declaration to clean up damage from six recent deadly and destructive wildfires after initially rejecting it. ** An ongoing federal criminal probe and numerous fines …
Monday’s trading did not produce the kind of turnaround that leaders of some Oklahoma and other energy companies wished would happen. As Friday prices slipped, so did those on the opening day of trading for the week. Alliance Resource Partners lost 5 cents or about 2% to slide to $2.63 a share. Blueknight Energy …
Oil futures finished Monday with a modest loss, failing to find much support as an OPEC+ committee reiterated its commitment to output cuts and said it “encouraged” some producers to fully compensate for production above their quotas. West Texas Intermediate crude for November delivery, the front-month contract, fell by 5 cents, or 0.1%, to …
The Oklahoma Energy Workforce Consortium (OEWC) is launching a new energy career cluster to promote the benefits of pursuing careers in energy. Energy is the highest-paying industry in the state, averaging more than $100,000 annually. Leaders within the energy industry initiated the OEWC to address a looming shortage of skilled workers that is expected nationwide …
The Petroleum Alliance of Oklahoma has named Adria G. Berry as its senior vice president of government affairs and public policy. In her new role, Berry will lead The Alliance’s advocacy efforts on behalf of the state’s oil and natural gas industry at the state legislature and in Washington, D.C. Berry was most recently …
