When the coronavirus pandemic caused businesses to shutter their offices in favor of telecommuting, many students in the University of Oklahoma Mewbourne College of Earth and Energy lost summer internships. With internships a graduation requirement for some majors, students’ graduation tracks were in jeopardy. That’s when the college’s Ronnie K. Irani Center for Energy …
Oklahoma’s initial jobless claims made during the pandemic are falling but still remain high according to the Oklahoma Employment Security Commission. Initial claims for the week ending May 16 dropped by nearly 16,000 from the previous week. They totaled 23,880 compared to the 39,079 filed in the previous week. The Tulsa World’s Randy Krehbiel wrote …
While battling opponents in a Montana federal court, Canadian company TC Energy reports it has completed the first piece of its controversial Keystone XL pipeline across the U.S. border and started work on labor camps in South Dakota and Montana. Work finally started in April on the $8 billion project at the border crossing in …
Schlumberger, the world’s largest oilfield services firm, will reshuffle top executives and operations in coming months to deal with this year’s historic decline in the oil industry, according to a memo to employees. The changes will be implemented in phases and are designed to forge “a leaner, simplified and more responsive organization,” Chief Executive …
Oil futures climbed again in Thursday’s trading on the New York Mercantile Exchange, rising more than 1.2% for the day, reaching their highest level in more than a month. Analysts say it’s a sign of continued optimism as crude supplies continue falling, especially at the Clinton hub in Oklahoma. West Texas Intermediate crude prices were …
Laredo Petroleum, Inc. announced the appointment of William Albrecht as independent Chairman of the Board of Directors succeeding Randy Foutch upon the expiration of Foutch’s term on May 14, 2020. Albrecht, is currently an independent member of the Board and will continue to serve on the Compensation Committee and Nominating and Corporate Governance Committee. “Bill’s appointment as Chairman …
With the Memorial Day holiday approaching, the Oklahoma Department of Environmental Quality (DEQ) encourages Oklahomans to visit the state’s lakes, rivers, or streams. While recreating at these natural water bodies, DEQ reminds you to follow some simple tips to help keep you and your family safe while swimming, boating, canoeing, or enjoying other …
OGE Energy Corp. held its 2020 Annual Meeting of Shareholders Thursday virtually via the internet in support of the health and well-being of all company stakeholders, including shareholders, company personnel and local communities. Chairman, President and CEO Sean Trauschke began the meeting by thanking first responders and the company’s employees for their diligent efforts to keep people …
Oklahoma Gov. Kevin Stitt is promising there won’t be any surprises that might disrupt Tulsa’s high hopes of landing the new Tesla truck manufacturing plant. The city is one of two finalists for the plant and business leaders want nothing to interfere at the last minute for the city’s chances. Tulsa’s bid for a …
The government’s approved a $120 million loan to Oklahoma so work on the Gilcrease Expressway in west Tulsa can be finished and President Trump made the announcement this week. “The Tulsa, Oklahoma area has been approved for a transportation loan from the @USDOT of up to $120M to help expand highway on the Gilcrease Expressway …