A single-engine propeller aircraft piloted by Oklahoma Sen. Jim Inhofe was forced off the runway at South Grand Lake Regional Airport on Sunday night due to severe weather conditions, according to the Associated Press. Severe thunderstorms were present during Sunday afternoon and evening. No injuries or damage to the privately-owned Harmon Rocket aircraft were reported. …
An Oklahoma City battery company that works with electric car makers is creating 116 new jobs thanks to its participation in the Oklahoma Department of Commerce Quality Jobs Program. The State says Spiers New Technologies, Inc., a startup company that’s just more than one year old, will expand operations through the program and get nearly $2 million in …
In the wake of the failed merger between the Williams Companies and Energy Transfer Equity, nearly half of the Williams’ board of directors resigned Thursday afternoon following an unsuccessful attempt to remove Alan Armstrong as the company’s Chief Executive Officer. News of the board resignations spread quickly among the Tulsa business community. “We were really …
With nearly $500 million in debts, the estate of the late Oklahoma City energy mogul Aubrey McClendon is the focus of a legal move before the Oklahoma State Supreme. The Wilmington Trust wants oversight of the estate transactions and has gone to the supreme court for help, according to the Journal Record. In a filing …
The settlement in the U.S. of the emissions scandal surrounding Volkswagen apparently won’t affect the lawsuit filed against the company by the state of Oklahoma. VW reached a settlement with 44 other states and federal agencies but not with Oklahoma. “The VW Group reached several settlements yesterday, but none will have an …
Compared to years ago, the Illinois River in eastern Oklahoma is cleaner these days, thanks to the work of Ed Fite and the Oklahoma Scenic Rivers Commission. As of Friday, the Commission will no longer exist and Fite will instead become an employee of the Grand River Dam Authority. Ron Hays at the Oklahoma Farm …
Oklahoma’s Incentive Evaluation Commission met on Wednesday afternoon to set its evaluation schedule, with several energy-related tax credits identified for review over the course of four years. The Commission is expected to review at least 11 incentives this year and recommend whether each should be replaced, repealed or reformed before the start of the 2017 …
OGE Energy Corp. will implement a $69.5 million interim rate increase as it awaits a decision from state regulators in its pending rate case, according to a news report published late Wednesday by The Oklahoman. The increase is effective Friday. The move comes over six months after the company filed for a $92.5 million increase with …
Things just became more challenging for Utah coal companies planning to ship their coal of Oakland, California’s shipping terminals and send it to Asia. The Oakland City Council voted unanimously this week to kill a plan to use a proposed marine terminal for coal shipments, calling them public health and safety hazards. Environmental activists broke …
Texas-based Tesoro Corporation picks up another oil refinery, this time in southwestern North Dakota. Headquartered in San Antonio and with more than 6,000 employees, the company acquired the refinery in Dickinson. The operation started selling fuel last year but lost more than $7 million in the first three months of the year. It was owned …