The coronavirus pandemic has taught companies worldwide one thing—their employees can work remotely. And in many cases perhaps more efficiently. It largely depends on whether it is office work or field work. To some employees, it is clear that working at home remotely can make them more efficient without the usual office interruptions. Many workers …
An Oklahoma City federal grand jury has indicted three men on charges of diverting royalty proceeds to fictitious companies. One of the men, Casey Jobe of Edmond was a former division order analyst at Continental Resources. He along with Anthony Hilbers of Edmond and Brandon Colbert of Oklahoma City were named in the …
Oklahoma was one of nine states that saw an increase in its unemployment rate in July compared to the prior month, according to a government report. The U.S. Labor Department reported Friday that the state’s unemployment rate in July increased to 7.1%, a 0.7% increase from June’s rate, according to seasonally adjusted data. The …
Any Tesla employees relocating to Austin for the company’s upcoming Cybertruck factory won’t be met by the same reprieve in real-estate prices that’s hit many other areas of the country. Business Insider reports home prices in the Texas Capital are still surging, despite some markets seeing a dip due to the COVID-19 pandemic and associated …
Thousands of oil and gas operations, government facilities and other sites won permission to stop monitoring for hazardous emissions or otherwise bypass rules intended to protect health and the environment because of the coronavirus outbreak, The Associated Press has found. The result: approval for less environmental monitoring at some Texas refineries and at an …
** The bodies of two missing crew members of a dredging boat were found Saturday following an explosion a day earlier in the Port of Corpus Christi in Texas, according to the U.S. Coast Guard.The explosion happened at about 8 a.m. Friday when the vessel struck a submerged pipeline, according to the Coast Guard, and Port …
Oil was down at Friday’s close and so were most energy companies that operate from Oklahoma or in the state. Devon Energy dropped 25 cents in Friday’s trading for a 2.34% decline to settle at $10.44. SandRidge Energy plunged nearly 6% or 10 cents to end the day at $1.58 per share. Alliance Resource …
Oil futures finished lower Friday, under pressure from continued worries over prospects for demand as the COVID-19 pandemic undermines economic growth. West Texas Intermediate crude for October delivery lost 48 cents, or 1.1%, to finish at $42.34 a barrel on the New York Mercantile Exchange, while the global benchmark, October Brent crude shed 55 cents, or …
A Virginia federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly 1.6 million late payments it made over a period of about eight years to 53,000 royalty owners in wells across Oklahoma. The case involved a lawsuit brought by a farmer from Perry in northern …
Skydweller Aero, a company developing a solar-powered “ultra-persistent” high altitude drone will be getting $275,000 in job-creation incentives from the Oklahoma City Economic Development Trust. Skydweller wants to open its production in Oklahoma City and one in Ardmore with projections of hiring 75 people at an average wage of $87,000.. Its drone, one that …