The SpaceX launch was scrubbed Wednesday only 16 minutes away from launch at Cape Canaveral where the U.S. was prepared to launch an American rocket from U.S. soil to the International space Station as part of NASA’s Commercial Crew Program. NASA Administrator Jim Bridenstine, the former Republican congressman from Tulsa called the capsule and …
Age credit issue prompts another SEC filing by Devon Energy
Devon Energy wants to make sure its shareholders understand it does not make a regular practice of awarding age credits to its executives. In a second proxy filing made this week with the Securities and Exchange Commission, the Oklahoma City energy company also defended the age credits given last year to two of its …
Feds assume investigation of unemployment fraud in the state
The Oklahoma State Bureau of Investigation (OSBI) and the Unemployment Fraud Task Force (UFTF) has found evidence many fraudulent claims for unemployment benefits in Oklahoma were generated over the state line and possibly out of the country. Because of that, the U.S. Department of Labor’s Office of Inspector General and the U.S. Secret Service has …
OGE Energy Corp. reports results of annual shareholders meeting
OGE Energy Corp. reported the results this week of its recent annual shareholders meeting showing the election of 10 members of the Board of Directors and the company’s proposed executive officer compensation. A filing with the Securities Exchange Commission showed that shareholders did not approve an amendment of the restated certificate of incorporation to …
More wells completed in Oklahoma
Completion reports filed this week with the Oklahoma Corporation Commission show there is still some drilling interest in the state, including one well completed just days before the advent of the coronavirus pandemic. Gulfort Midcon LLC reported completion of two sister wells at 32 5N 5W, a site about 2 miles southwest of the …
The people of Oklahoma Oil and Natural Gas are offering free online classes for displaced industry professionals
The people of Oklahoma Oil & Natural Gas are offering free online classes to industry professionals who are out of work in an effort to help them add skills to their resumes. Four classes, Excel Levels 1-3, SQL, Python and Resume & Writing, are being offered virtually through the Oklahoma Energy Resources Board’s (OERB) PetroTech …
More jobs are being lost in pandemic in Oklahoma
More people are losing their jobs because of the coronavirus pandemic. The 21C Hotel in downtown Oklahoma City notified the state Office of Workforce Development last week that it intended to begin the layoff of 109 employees this week. However, there are no plans for the hotel to shut down operations. This week, workers …
Energy news in brief
** India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India’s plan could be similar to a move by Australia, which last month said it would build up an emergency oil stockpile initially by buying crude to store …
Oil/gas leases thrown out by Montana federal judge
A federal judge in Montana has thrown out hundreds of federal oil and gas leases after determining the Interior Department failed to protect sage grouse habitat. Chief Judge Brian Morris of the U.S. District Court in Montana in a Friday ruling struck down 440 oil and gas leases across 525 square miles in the West. Morris …
Biofuels battle isn’t finished for small refinery operators
Efforts by the Wynnewood Refining Company and Holly Refinery operations to obtain biofuel waivers from the EPA are far from over, even though the 10th U.S. Circuit Court of Appeals ruled against the small refinery operators. A U.S. biofuel trade group asked the Trump administration on Friday to deny requests from refiners seeking retroactive biofuel …