NBA fans will see a lot of ExxonMobil in the coming season as the giant energy company has just signed new multi-year marketing partnerships with three NBA teams. Sorry, the Oklahoma City Thunder is not one of them. The partnerships are with the Boston Celtics, Charlotte Hornets and Houston Rockets. The team deals extend ExxonMobil’s …
Energy Transfer Partners is trying to line up new and continuing business for its new nearly 1,900-mile Bakken Pipeline system. Its subsidiaries, including the Dakota Access LLC and Energy Transfer Crude Oil Company have launched a Binding Expansion Open Season to solicit shipper commitments. The line will carry crude from North Dakota’s Bakken/Three Forks oil …
With the signing by Gov. Mary Fallin into law in recent days of a 2018 budget bill that carries 2 percent budget cuts, Oklahoma’s Department of Environmental Quality is like other state agencies in dealing with the loss of some funding. How will DEQ handle it? “DEQ’s state-appropriated dollars principally fund personnel, specifically in the …
Oklahoma U.S. Sen. Jim Inhofe has urged U.S. Transportation Secretary Elaine Chao to move as quickly as possible in handing out federal money for transportation projects. In a recent hearing held by the U.S. Senate Environment and Public Works Committee, he spoke with Chao about the need for infrastructure movements and projects across the U.S. …
The last of the OGE linemen sent to restore electrical power in Puerto Rico were scheduled to arrive back in Oklahoma on Thursday. For the past 40 days, they were in the northern part of the island that lost all electricity when hurricane Maria hit in September. The linemen were slated to arrive at Oklahoma …
The latest in the state’s investigation of who put a tracking device on the pickup truck of Moore Rep. Mark McBride and the Texas political consultant subpoenaed in the case. Now the Wind Coalition’s president Jeff Clark denies hiring George Shipley or Shipley’s company to do opposition research on McBride because he opposes the wind …
We learned this week that U.S. oil production hit a record high in November 2017, thanks to the shale boom in Oklahoma, Texas, Kansas, North Dakota and other oil-producing states. U.S. crude production was 10.057 million barrels a day for the month, the highest amount on record on monthly data collected since 1920 according to …
Ever wonder just how profitable some of those big truck stop companies are? Travelcenters of America, with operations throughout Oklahoma is out with its quarterly and year-end financial results. Its total revenues for 2017 came to more than $6 billion while the fourth quarter revenues totaled $1.5 billion, up from the $1.4 billion reported in …
BNSF Railway company, the firm that recently announced plans to spend $100 million on rail improvements in Oklahoma is taking another state to court. The company wants to join a lawsuit filed by Lighthouse Resources against Washington Governor Jay Inslee and members of his administration, accusing them of violating the U.S. Constitution and other federal …
Murphy Oil in El Dorado, Arkansas announced this week the election of Louis W. Utsch to be Vice President of Tax by the board of Directors. He succeeds Tim Butler who is retiring from the company. Utsch joined the company in January as Senior Tax Director. He has more than 20 years of experience at …