Norman oilman Robert Arrrowood has been banned from securities sales in the state after the Oklahoma Department of Securities charged him with running a Ponzi scheme. It was a scheme that allegedly netted Arrowood nearly $4 million, money cheated out o…
Just how much the energy downturn has affected state government revenue is reflected again in the latest figures released by the Oklahoma Office of Management and Enterprise Services which show February gross production tax collections were down more t…
Oklahoma City-based Chesapeake Energy lawyers have decided to drop their request to move trials over claims it cheated thousands of landowners out of royalties. Attorneys had asked Tarrant County judge Dana Womack to move the first ten trials fro…
BP will not have to pay for the economic losses suffered by other businesses when the federal government shut down deep-water drilling in the wake of the company’s huge 2010 oil spill, according to U.S. District Judge Carl Barbier in New Orleans….
U.S. Senator Jim Inhofe draws praise from the editors of the Wall Street Journal for negotiating a deal to help bring about a settlement to help residents of Flint, Michigan with their lead-contaminated water.
“Oklahoma Republican Jim Inhofe deserves …
An effort by Rep. Richard Morrissette to repeal the State’s new law prohibiting cities and towns and counties from banning certain oil and gas activity is apparently dead for this session of the Oklahoma legislature.
He amended HB 1802, a measur…
An investigation by Reuters has revealed the deep financial problems faced by former Chesapeake Energy CEO Aubrey McClendon when he was killed in the crash of his SUV earlier in March.
The news wire service says the night before his death, McClendon m…
That old ‘bugagoo’ called ‘overreach’ by critics of the Environmental Protection Agency made its way into a speech by Oklahoma U.S. Senator James Lankford this week.
But instead of talking so much about the EPA and its fingers spreading into most aspe…
“There was no brakage,” declared Oklahoma City police chief Bill Citty in releasing the police traffic investigation report into the March 2 death of energy exploration leader Aubrey McClendon, the former CEO of Chesapeake Energy.
He was commenting as…
AEP Oklahoma Transmission Company has announced plans to start construction soon on a $120 million transmission power line in western Oklahoma. AEP is an affiliate of Public Service Company of Oklahoma and will build the 60-mile long 3456-kilovolt line…
