How the move will affect its flights in Oklahoma City and Tulsa is unclear, but United Airlines is furloughing more than 16,000 workers, just weeks after American Airlines announced intentions to furlough or layoff 19,000 workers because of COVID-19 and what it did to the airline industry. Furlough notices went out Wednesday to 16,370 United …
Denver-based Ovintiv Inc announced its Canadian subsidiary has ended its joint venture with PetroChina Canada Ltd., bringing an end to their 8-year partnership. Ovintiv and PCC have been in a productive joint venture in the Duvernay since 2012. Prior to this week’s agreement, the parties each held an approximate 50% interest across the entire asset with …
a Oklahoma environmental officials are urging swimmers this Labor Day Holiday to use some caution. The cautionary suggestions are from the Oklahoma Department of Environmental Quality. Natural bodies of water, especially warm and stagnant water, can contain organisms that may cause illness. Bacteria, viruses, and other microorganisms can cause skin, eye, and ear infections, respiratory …
Construction resumed on the controversial $2.3-billion Texas natural gas pipeline, a spokeswoman for pipeline operator Kinder Morgan Inc said, as authorities investigated a suspicious package found at the construction site the previous day. Construction was halted temporarily on Tuesday, and a Texas Department of Public Safety spokesman said a bomb squad neutralized the suspicious …
Exxon Mobil Corp is assessing worldwide job cuts as the global coronavirus pandemic slices into fuel demand, with the largest U.S. oil company announcing voluntary layoffs in Australia in the latest in a wave of cost cutting. Exxon and other oil majors are axing jobs spurred by a historic collapse in fuel demand because …
With only a few exceptions, most energy companies with Oklahoma connections saw their shares drop in Wednesday’s trading. Alliance Resource Partners dropped 19 cents or 5.74% to $3.12. Chesapeake Energy was one of the exceptions as it saw a 96 cent jump for a 25.84% gain to $4.70 per share. Continental Resources dropped 3.92% or …
Oil futures declined on Wednesday, with U.S. prices settling at their lowest in nearly a month, pressured by a sharp, but temporary drop in domestic crude supplies and production, as output in the Gulf of Mexico sees a strong recovery from Hurricane Laura. West Texas Intermediate crude for October delivery fell $1.25, or 2.9%, to …
A report by the Consumer Energy Alliance says expanded pipeline infrastructure and more dependency on natural gas helped Oklahoma families and businesses save nearly $19 billion between 2008 and 2018. But it also warns those savings are threatened by out-of-state activists. The greatest saving of $16.7 billion came for commercial and industrial users, reported …
** California’s State Water Resources Control Board voted this week to let four gas plants along the Southern California coast to keep operating past the end of the year followed brief rolling blackouts over two evenings last month, as a heat wave caused air conditioning demand to soar, and California found itself short on electricity supplies. …
Oklahoma has been ranked in the top 10 most competitive state for manufacturing and it has state leaders excited about what it means for the state’s ability to attract new industries. The ranking was made by Site Selection Group, a full-service location advisory, economic incentives and real estate services firm. “I am happy to …
