Oklahoma City’s Chaparral Energy, Inc. has been officially warned by the New York Stock exchange that its shares are in low trading and the firm could be removed from the exchange. The company was notified last week that the average closing price of Chaparral Energy’s shares of common stock had fallen below $1.00 a share …
A federal judge in New Mexico has dismissed a lawsuit filed by the environmental group Nuclear Watch New Mexico against the U.S. Department of Energy and its Los Alamos nuclear weapons laboratory. U.S. District Court judge Judith C. Herrera granted summary judgment to Los Alamos National Security, LLC, a firm created in 2006 for the …
Add up what the Big Oil majors are trying to sell as they attempt to end the bleeding from low oil prices and it comes to $27 billion across the world. It’s almost like a gigantic garage sale. Some of the unloading of assets is in New Mexico and West Texas. BP is trying to …
— Amazon already has two fulfillment centers in Oklahoma and now has announced plans for a second center in Mississippi. The one-million square foot DeSoto County operation will create 500 new full-time jobs. ** Montana Public Service Commission Chairman Brad Johnson admits he would have done things differently after issuing a press release about a …
The Federal Energy Regulatory Commission is expected to vote Thursday on four liquefied natural gas export terminals in Texas after more than three years of review. If approved, all four projects would take natural gas from the Permian Basin of West Texas, the Eagle Ford Shale of South Texas and other sources and then use …
The U.S. House Energy and Commerce Committee, of which Oklahoma Rep. Markwayne Mullin is a member, is to vote this week on several energy and environmental bills. One is a proposed effort to improve the safety of pipelines. The “SAFER Pipelines Act of 2019 was introduced last week. Democrats who created the bill say it …
The weekend announcement by Tulsa-based Alliance Resources means a total of about 600 coal miners in western Kentucky and southwest Indiana have lost their jobs or will lose them in the coming months. At least 184 jobs were cut in the weekend announcement by Alliance coal which said it was shutting down production at the …
HollyFrontier Corporation announced a series of strategic actions including a $1 billion share buyback program. The actions target growth, risk management and shareholder returns and include a new renewable diesel unit project for the company that operates refineries in Tulsa, Oklahoma and other sites across the U.S. The renewable diesel unit project at the compan’s …
Williams in Tulsa is scheduled to host its 2019 Analyst Day event on Dec. 5, 2019. During the event, Williams’ management will give in-depth presentations covering the company’s natural gas infrastructure strategy that helps meet growing clean energy demands. “The presentations will highlight the company’s efficient operations, disciplined project execution, strong financial position and …
Big Boy rolled into Oklahoma over the weekend. The 600-ton Union Pacific Engine 4014, one of the world’s largest steam engines visited towns in eastern Oklahoma as part of the rail line’s 150th anniversary of the transcontinental railroad. The giant engine was restored for the anniversary that celebrates the track finished in 1860 which connected …