Houston based Key Energy Services, Inc. reported second quarter 2018 consolidated revenues of $144.4 million and a pre-tax GAAP loss of $16.7 million, or $0.84 per share. The results for the second quarter include expenses of $0.3 million, or $0.02 per share, associated with certain equity awards and gains on sale of assets of $0.7 …
Some red faces no doubt exist at at least one or maybe two federal agencies after they learned a North Dakota rancher wrongly was allowed to build a bridge over the Little Missouri River. The problem with rancher Wylie Bice’s bridge northwest of Killdeer? One end sits on public land. The other sits on …
After the Texas Public Utility Commission denied an application for the Wind Catcher Energy Connection project, Tulsa-based Public Service Co. of Oklahoma conceded victory and filed to withdraw a similar application for the wind farm before the Oklahoma Corporation Commission on Tuesday. Last week, the Texas Public Utility Commission rejected the certificate of convenience and …
A blockbuster move by a Senate bipartisan coalition will require Amtrak to provide $3 million in rail-repair funds to assist with continuity of the Southwest Chief passenger service, according to a recent report published in the Pueblo Chieftain. Six senators from Kansas, Colorado and New Mexico placed an amendment into a national transportation appropriations bill …
NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported a net loss for the quarter ended June 30, 2018 of $169.3 million, compared to a net loss of $63.7 million for the quarter ended June 30, 2017. The net loss for the current quarter includes a loss on the disposal and impairment …
Temporary relief is in store for Oklahoma this week as the dog days of Summer are quenched by some much-needed rain and cooler temperatures. Gary McManus, State Climatologist with Oklahoma Mesonet, reported Monday that the jet stream’s northwest flow should interact with Gulf moisture to produce overnight precipitation, particularly on Tuesday and Wednesday nights. Tuesday …
The Oklahoma Corporation Commission will meet on Tuesday morning for a signing order session. The meeting will be held at 9:30 a.m. at the Jim Thorpe Building in Room 301. One item is Cause No. PUD 201800061, an application of Public Service Company of Oklahoma for an order of the Commission determining if CKEnergy Electric Cooperative, …
A natural gas pipeline explosion and fires that happened last Wednesday in Midland County, Texas claimed the life of one of the injured workers. Bud Taylor worked for Navitas Midstream Partners and was fatally injured when the natural gas pipeline caught fire and exploded, injuring seven workers. Taylor was one of five workers and two …
The Red River Valley Electric Association in Marietta is among 20 rural electric cooperatives nationally receiving more than $345 million in U.S. Department of Agriculture loans to improve rural electric service in 14 states. Red River is getting an investment of $16,326,000 according to the announcement made this week by Ag Secretary Sonny Perdue. The …
The Oklahoma Department of Transportation is unveiling a new project to ensure there are no traffic delays in the I-235 construction project in Oklahoma City. It involves the use of two specially-designed pickup trucks, each valued at $400,000. One stranded car inside a highway work zone can cause significant delays for thousands of drivers. The …