Denver’s Whiting Petroleum Corporation comes out of its Chapter 11 bankruptcy reorganization with a new $750 million borrowing base. The company announced it successfully completed its financial restructuring and emerged from Chapter 11 protection. It completed all required actions and satisfied the remaining conditions of its reorganization plan. “We are excited to begin our …
Oklahoma legislators were cautioned by Lt. Gov. Matt Pinnell during an interim study on Oklahoma tourism they should be prepared for increased tourism once the state spends its money attracting it. “If we are going to talk about how great this industry is and we’re going to talk about how great our 77 counties are, …
State regulators fined two natural gas companies a total of $7.3 million for emitting excess air pollution at their plants in southeastern New Mexico. The state Environment Department fined Denver-based DCP Midstream $3.3 million for emitting more than 1.6 million pounds of pollutants at four of its New Mexico facilities between May 2017 and …
The operator of a hazardous waste disposal operation in the Nebraska panhandle agreed to pay a $790,000 fine to end allegations it violated federal and state environmental laws. The case involves alleged violations dating back years at the Clean Harbors Environmental Services incinerator and hazardous waste storage site at Kimball, one of 13 such facilities in …
Prime Air? It’s what Amazon.com Inc. gets approval to create and now is one of only a handful of companies certified by the federal government to operate as a drone airline. The Federal Aviation Administration designated Amazon Prime Air an “air carrier,” the company said Monday reported the Houston Chronicle. That allows Amazon to …
Oklahoma Congressman Frank Lucas joined an effort this week to save regional airline operations across the country including at the Stillwater Regional Airport where American Airlines is cancelling its flights. Rep. Lucas and others made the effort as Congress faces a Sept. 30 deadline to extend the Payroll Support Program which provided funding to …
Oil futures made their first gain in four sessions in Tuesday’s trading and analyst attributed the increase to a rise in the U.S.manufacturing index in August. The increase in the index lifted expectations for energy demand as West Texas Intermediate crude for October delivery rose 15 cents or 0.4% to settle at $42.76 a …
Tuesday’s trading resulted in a mix for oil and gas and other energy firms with connections to Oklahoma. Some were up. Others saw declines in their shares. Alliance Resource Partners dropped 2 cents for a 0.60% decline to $3.31 a share. Chesapeake Energy fell 6.39% or 26 cents to $3.74. Continental Resources dropped a dime …
It took 10 months but the Tulsa Public Schools recently completed efforts to safely dispose of unwanted, outdated and hazardous chemicals from laboratories across the school district. Working with the Oklahoma Department of Environmental Quality and its School Chemical Disposal Program, the school district started disposing of the old chemicals in November of 2019. …
Schlumberger sold its fracking unit to Denver-based Liberty Oilfield Services. In an announcement this week, the two companies said they were combining hydraulic fracturing operations to form a combined company. The two announced they reached an agreement in which Schlumberger contributes its onshore hydraulic fracturing business in the U.S. and Canada to Liberty in …
