For those in Oklahoma who want an example of how events half-way across the globe can affect us, consider the latest news from Tehran, Iran. It applies to the lifting of the oil embargo as well as the deal that Boeing, the company with large operations at Tinker Air Force base in Oklahoma City, recently …
A Williams Companies subsidiary is facing a $1.6 million fine over the October, 2015 blast that killed four workers at its Louisiana operation. The fine against Transcontinental Pipeline was proposed July 29 by the Pipeline and Hazardous Materials Safety Administration and accused the firm of failing to include relevant facts when notifying the National Response Center …
The special state commission tasked with reviewing the dozens of tax credit programs including those involving wind and oil and gas energy in the state meets again this week. The Incentive Evaluation Commission chaired by Lyle Roggow will meet Wednesday at 2 p.m. in Room 419-C of the Stat Capitol building. The agenda shows there will …
A deal worth $18.4 billion—it’s the purchase of the financially troubled Energy Future in Texas and its take in Oncor Electricity. Power producer NextEra Energy is making the purchase in a move that will allow Energy Future to emerge from the Chapter 11 bankruptcy it filed in Delaware bankruptcy court. Energy Future is the largest …
The 2016 Unmanned Systems Alliance of Oklahoma summit is set to be held August 8 in Norman. The summit and networking event will include a presentation and panel discussing and exploring the new issues of aviation law and regulations, privacy and security concerns and the federal preemption and state authority over unmanned aerial systems or …
The latest Mid-American Business Conditions Index released by Creighton University economist Ernie Goss shows his concern for what’s happened to the economy in Oklahoma and several other mid-western states. Figures from his survey of supply managers in Oklahoma and 8 other states dropped again, suggesting either slow or no growth in their economies. His Index …
Just when some Oklahoma energy producers thought they might not have to deal with federal rules and regulations covering the lesser prairie-chicken, now there’s word the government might re-list the animal under the Endangered Species Act. Oklahoma U.S. Reps. Frank Lucas, Tom Cole and Markwayne Mullin are among 14 who recently wrote U.S. Fish and …
The Army Corps of Engineers and FEMA are under criticism from the U.S. Government Accountability Office for making little progress on a levee-safety program mandated two years ago by Congress, according to a report filed with a Committee chaired by Oklahoma U.S. Sen. Jim Inhofe. The report to his Senate Environment and Public Works Committee …
Ethanol production in the U.S. dropped last week from the previous week’s historic high. Figures from the U.S. Energy Information Agency indicated production dropped 31,000 barrels a day, resulting in an average daily production of 998,000 barrels or 41.92 million gallons a day. Ethanol production had exceeded a million barrels a day in five of …
Chevron Phillips Chemical Company LP dedicated a new state-of-the-art Marlex polyethylene pilot plant at its research and technology facility in Bartlesville on Wednesday. The pilot plant enables polyethylene research, such as new catalyst and polymer development, to take place on a pilot scale prior to implementation in full-scale operations, including the company’s $6 billion investment …