Tulsa’s Cypress Environmental Partners, L.P. filed Chapter 11 in bankruptcy court to deal with its more than $58 million in debt. The company on Monday announced the next step in its previously announced plan to pursue a court-supervised restructuring. “Cypress will emerge as a strong, reorganized company with no debt that is focused on …
Oklahoma oilman relishes Kentucky Derby win!
Oklahoma oilman Richard Dawson celebrated his horse’s win in the Kentucky Derby on Saturday—a win that almost didn’t happen. Dawson, oil of Redsky Land in Edmond bought Rich Strike in September 2021, paying $30,000 for the eventual Derby winner. Click here for more from News 9
Friday saw more gains in crude oil prices
As the week starts, oil investors and analysts wonder whether prices will managed to post a third consecutive week of increases as Europe seriously considers sanctions on Russian oil. On Friday, prices went up 1.5% as traders shrugged off worries about global economic growth. West Texas Intermediate crude for June delivery rose 1.4% or $1.51 …
PSO hands out 64 Teacher Vision Grants to schools
Public Service Company of Oklahoma announced 64 American Electric Power (AEP) grants to underwrite innovative classroom approaches in local classrooms. Ranging from $100 to $500, AEP Teacher Vision Grants are designed to make creative projects possible for Pre-K through grade 12 teachers. Projects funded for 2022 include esports equipment for Atoka High School students, Bluetooth speakers to …
Other energy headlines
** The Colonial Pipeline could get a $1 million fine following its shutdown of the key fuel supply artery to the East Coast last year prompted by Russian-based hackers. ** Boeing Co said on Thursday it will move its headquarters from Chicago to Arlington, Virginia, as the crisis-plagued U.S. planemaker works to repair relationships with customers, …
Senate confirms EPA nominee
Oklahoma U.S. Sens. Jim Inhofe and James Lankford were among those voting recently to confirm President Biden’s nomination of Dr. Kathryn Huff to be an Assistant Secretary of Energy for Nuclear Energy. The Senate vote was 80-11 and the two senators voted to support Huff’s nomination. West Virginia Democratic Sen. Joe Manchin who chairs …
Rig numbers increase in Oklahoma and the U.S.
Rig numbers rose in the past week not only in Oklahoma but also across the rest of the U.S. according to Baker Hughes Co. The firm released figures Friday showing the national count increased by 7 to a total of 705 rigs. The number of oil rigs grew by 5 to 557 while the …
New coalition to host solar energy seminar May 10 at OKC’s Belle Isle Library
Oklahoma City residents and business owners interested in learning about the benefits of solar energy are invited to attend a free solar seminar offered by a new coalition led by the City’s Office of Sustainability and other local organizations called Solarize OKC. The seminar will be held at 6:30 p.m. May 10 at Belle Isle Library, 5501 …
Oklahoma House previews ‘Seminole Oil Boom’ painting
The Oklahoma House of Representatives was recently presented by the Oklahoma Arts Council with a preview of “The Seminole Oil Boom,” a new painting offered for consideration for the Oklahoma State Capitol Art Collection by former Rep. Weldon Watson and his wife Cheryle. Watson represented House District 79 in Tulsa as a Republican from …
Clean cars standards adopted by New Mexico
The state of New Mexico has adopted clean cars rules that will go into effect for model year 2026. The recent move was taken by the state’s Environmental Improvement Board along with the City of Albuquerque and the Bernalillo County Air Quality Control Board following public hearings held earlier in the week. The Clean …