Frontier Airlines announced it plans to suspend service out of the Tulsa International Airport beginning in November. The suspension could be lifted sometime next spring according to airline spokesman Andrew Pierini. Currently, Frontier has nonstop flights to Denver and Orlando, Fla., he said. Frontier returned to the Tulsa market two years ago.
After 44 years with Trinity Industries, Inc., the rail manufacturing company with operations in Oklahoma City and Dallas, CEO and President Timothy R. Wallace is retiring. He notified the company’s board of directors of his decision and will remain on the job while the company searches for a successor. “It has been my honor and …
Holly Energy Partners, L.P., the Dallas company with refineries and storage facilities in Tulsa, as well as Kansas, New Mexico, Idaho and other states plans to release its third quarter financial results at the end of October. The company will announce the results before the opening of trading on the New York Stock Exchange on …
In a surprise decision on Thursday, the 10th U.S. Circuit Court of Appeals in Denver overturned an Oklahoma federal judge’s decision that was in favor of the Cherokee Nation in a fight with the United Keetoowah Band of Cherokee Indians in Oklahoma. The appeals court vacated the lower court decision and ruled in support of …
Oklahoma Congressman Markwayne Mullin and others on the Environment and Climate Change subcommittee of the House Energy and Commerce Committee have a hearing planned for next week. Led by Democrats, the Committee will hold a hearing Sept.11 on legislation H.R. 3256 which would extend the Chemical Facility Anti-Terrorism Standards program. The program is intended to …
Thanks to new pipelines in the Permian Basin, a record amount of 1 million barrels of oil a day on average was loaded last week onto vessels at Corpus Christi, Texas. Consultancy RBN Energy, according to Reuters indicated the record was nearly double the July average of 525,000 barrels a day. And nearly half of …
Former vice president and Democratic Presidential hopeful Joe Biden isn’t making friends with at least one group fighting the Keystone XL crude oil pipeline in Nebraska. He has yet to agree to pledge opposition to the line that will carry crude from Canada to Nebraska and eventually to the Gulf Coast refineries. The group “Bold …
A Securities and Exchange Commission filing by Tulsa-based ONEOK showed the transfer of nearly $15 million in shares owned by Board Chairman John William Gibson. The documents indicated he transferred 211,200 shares, each valued at $70.61 to a newly created, irrevocable charitable remainder unitrust of which he and his wife are beneficiaries. The total value …
Tulsa’s Helmerich & Payne, Inc. announced a quarterly dividend of 71 cents a share on Thursday and also provided an operational and capital expenditures update. The update shows company concern about its operations in Argentina and a reduction in capital expenditures for 2020. The dividend will be payable on Dec. 2, 2019 to stockholders of …
Houston’s Sourcewater, Inc., the leading provider of oilfield water intelligence, closed a $7.2 million Series A share offering led by Oklahoma City-based Bison Technologies, with major participation by Marubeni Corporation, the U.S. arm of the Japanese investment conglomerate. Bison and Marubeni were the biggest buyers in the stock offering. Joshua Adler, Founding Chief Executive of …