BNSF Railway Company announced it intends to spend $105 million this year on making improvements to its operations in Montana. Most will be spent on planned maintenance such as replacing and upgrading rail, rail ties and ballast. The $105 million is on top of the $800 million BNSF has spent in the past five years …
The Williams Cos. will reach out to potential investors at the upcoming 40th Annual Raymond James Institutional Investors Conference in Orlando, Florida. President and Chief Executive Officer Alan Armstrong will make a presentation on Tuesday, March 5, 2019 at 3 p.m. Central Time. A link to the live webcast of Mr. Armstrong’s presentation, along with …
Chesapeake Energy reported its earnings for 2018 and the fourth quarter of the year were both slightly lower than a year earlier. While also reducing some of its debt by nearly $2 billion, the company reported 2018 net income available to shareholders totaled $775 million or 85 cents a share but the adjusted earnings were …
A report states that new test results from Public Service of Oklahoma show groundwater near the company’s Oologah power plant contains high levels of the chemical lithium. But PSO maintains it is not in the drinking water sources for the nearby city of Oologah. The company told News on 6 in Tulsa that it is …
The Oklahoma Energy Producers Alliance is fighting a request by Devon Energy to create a new rule at the Oklahoma Corporation Commission. The rule would require vertical well operators to take responsibility for preventing pollution caused by horizontal fracking operations that damage nearby older wells. The OEPA in a statement called it “no coincidence” that …
A lawsuit filed in 2017 by seven landowners challenging an Oklahoma Water Resources Board decision to allow Oklahoma City to draw water out of the Kiamichi River is still alive. A recent filing made several allegations over the OWRB decision according to an article published by the State House of Representatives. Oklahoma City …
The Oklahoma Corporation Commission issued a statement this week explaining an oil spill cleanup near Okemah Lake has been ongoing since December when workers removed a long-unused oil pipeline. Matt Skinner, a spokesman for the Commission stated that the oil spill in question is contained in Buckeye Creek and is noyt in the lake. “Precautions …
As refineries gear up for spring gasoline production and maintenance, gasoline prices have gone up across the U.S. including in Oklahoma. The State’s new average this week is $2.20 a gallon, at least 7 cents higher than a week ago. The national average is $2.40 a gallon or 8 cents more than last week. The …
After reading a Bloomberg News report that the Democrats’ Green New Deal has a $93 trillion price tag, Oklahoma congressman Markwayne Mullin was stunned. “The price tag for radical Democrats” #GreenNewDeal? A whopping $93 TRILLION. But we can’t fund the wall at our southern border for $5.7 billion?” he tweeted this week, referring followers to …
Water is the new oil in West Texas where a 37,000-acre ranch just sold for $32.5 million. Because of the need for water to be used in fracking in the Permian Basin, drilling operations are already underway on the ranch bought by El Paso billionaire Paul Foster. He put in a bid for the ranch …
