A bill that would allow companies to keep pollution secret and out of public knowledge is being fought by environmental groups at the State Capitol. The measure is the Oklahoma Environmental, Health and Safety Audit Privilege Act which Secretary of Energy and Environment Ken Wagner is defending. SB1003 won approval in the Oklahoma Senate on …
Tulsa’s Empire Petroleum Corporation has made a nearly $6 million acquisition of assets in the Bakken play in Montana and North Dakota. The company paid $5.6 million for the assets from EnergyQuest II, LLC in a previously-reported deal included in a filing with the Securities and Exchange Commission. The new assets are in Billings, Bottineau, …
Arkansas-based Murphy Oil Corporation announced a quarterly dividend this week. Based in El Dorado, the company declared a quarter cash dividend on the common stock of 25 cents a share or $1 a share on an annualized basis. The dividend will be payable June 3, 2019 to stockholders of record as of May 20, 2019.
A Houston pipeline company with major operations throughout Oklahoma says it has achieved its 2017 deleveraging plan. Plains All American Pipeline, L.P. and Plains GP Holdings also announced an update to its financial policy and an increase to its common unit and Class A share distributions. Key elements of today’s announcement include: Successful achievement of …
Oklahoma City’s Continental Resources, Inc. is preparing for its 2019 annual meeting of Shareholders to be held May 16 in Oklahoma City. A Securities and Exchange Commission filing of a proxy statement by the company showed the agenda includes the election of six members to the board of directors including company founder Harold Hamm. He’s …
Tulsa software development company owner Earenest Grayson has been indicted by a federal grand jury on charges he failed to pay payroll taxes withheld from his employees’ wages. The grand jury also indicted him on charges of failing to pay his individual and corporate income tax returns. “Earenest Grayson is an alleged dishonest employer who …
One worker was killed and two others were critically injured in a massive explosion at a chemical plant near Houston on Tuesday. The fire at the KMCO chemical processing plant in Crosby was ignited by a flammable gas called isobutylene. Some employees working at the plant narrowly escaped danger. Contractors Brian Balcerowicz and Cesar Mendoza …
Canadian County Commissioners find themselves considering their next step after learning a recently-drilled oil and gas well reduced the value of county property. A lawsuit is a possibility. The matter came to light after three appraisers indicated the well drilled on 3 and three-quarters acres adjacent to the County Children’s Justice Center caused $55,000 …
Oklahoma U.S. Sen. Jim Inhofe and James Lankford think alike when it comes to the Democrats’ Green New Deal. Both contend it is really about ‘socialism’ and not so much about protecting the environment and fighting climate change. Sen. Lankford made the claim last week in an interview with OK Energy Today. This week, Sen. …
Oil prices rose for a fourth day on Wednesday, pushing Brent towards a nearly five-month high of$70 a barrel on OPEC-led supply cuts and U.S. sanctions, but a surprise increase in American inventories capped the gains. Brent futures moved up 31 cents, or 0.45 percent,to$69.68 by 1045 GMT. They earlier reached $69.96 – the highest …