Williams and Williams Partners L.P. announced an agreement under which Williams will acquire all of the outstanding public common units of Williams Partners in an all stock-for-unit transaction. It’s in response to a recent government ruling affecting income tax policy. The transaction is valued at $10.5 billion including a 1.494 ratio of Williams common shares …
Former Oklahoma Attorney General Scott Pruitt had more encounters with Democratic Senators this week in Washington and one left him with a political slap in the face. Even mocking him. It happened as Pruitt, now head of the Environmental Protection Agency went before a U.S. Senate committee where he had an encounter with Sen. Patrick …
Twenty-one years after the Pentagon shut down an ammunition plant in the suburban Kansas City, Kansas area, the environmental cleanup is behind schedule. And it’s costing millions more to make sure the former Sunflower plant will be available for development. According to a report in the Kansas City Star, the Kansas congressional delegation wants to …
Despite a tigher state budget and the loss of some transportation money, the Oklahoma Transportation Commission has voted to approve $31 million in highway and bridge improvement projects. A total of 31 projects in 22 counties won approval in a recent meeting. Two were in Okfuskee County. One is a $4 million project to replace …
By a 4-0 vote on Tuesday, the city of Oklahoma City Economic Development Trust voted to recommend a $1.7 million incentive to bring an Amazon fulfillment center to the city. It’s a means of attracting Amazon to the city and the giant corporation’s commitment to create 53 new quality jobs in the coming five years. …
Leaders of Oklahoma City’s SandRidge Energy have stepped up their fight with activist investor Carl Icahn over the election of the company’s board of directors. The company announced this week it sent yet another notice to shareholders urging them to re-elect the five directors proposed by the company and not those preferred by Icahn. “We …
Tulsa’s Williams Cos. still might have a foot in the door in its legal fight with the state of New York over plans to complete the Constitution Pipeline to carry natural gas from Pennsylvania. One report indicated Williams had petitioned the Federal Energy Regulatory Commission to overturn New York state regulators who had denied a …
When it comes to working at one of the 500 best U.S. companies declared by Forbes in 2018, employees of Michelin Group have bragging rights. So do workers at some energy companies according to the recently-released list drawn up by Forbes. Energy firms on the list include NRG Energy headquartered in New Jersey, a company …
The developer of a new frac sand mine near the northwest Oklahoma town of Oakwood is moving ahead with construction. Preferred Proppants, LLC indicated the mine is expected to come online in the third quarter of 2018. As OK Energy Today reported in April, the company, also known as Preferred Sands, expects to hire more …
The Oklahoma Workers’ Comp Commission has stepped up its technology by using “Skype” for appellate deliberations. The technology allows the three commissioners and their legal counsel to communicate between Oklahoma City and Tulsa without leaving their offices. It also cuts down on travel time for staff members. The Skype technology is provided by the Office …