While Oklahoma City-based Chesapeake Energy returned to court Wednesday morning in a fight over natural gas royalty payments to the city of Fort Worth while the city reached a $6 million settlement with Chesapeake’s partner, Total, a branch of th…
$25 million in Trolleys for MAPS 3 Bought by OKC
The city of Oklahoma City made the leap this week, committing to a nearly $25 million purchase of five trolleys for a proposed downtown streetcar system as part of a MAPS 3 project. It was a unanimous vote by the council on Tuesday to make the purchase…
Wind Group Boasts of $10 million Paid Annually to Oklahomans
While an oil and gas group is in the midst of a billboard campaign against wind industry tax credits in Oklahoma, the American Wind Energy Association is out with a report showing that more than $10 million a year is paid by wind farm operators t…
Iran Vows to Increase Oil Exports
As if things weren’t bad enough in Oklahoma’s oil patch, now comes word that Iran plans to hike its oil exports by nearly a quarter in the first few months of the Persian New Year which started last weekend, acording to Genscape.
Iran’s producti…
Oklahoma Gasoline Prices Hold Steady
While U.S. gasoline prices climbed higher for two straight weeks, prices in Oklahoma held steady in the past week, increasing only a penny to an average $1.83 a gallon, according to the Fuel Gauge Report from AAA Oklahoma.
The cheapest gasoline is sti…
Tulsa’s Williams Partners Sued Over Energy Transfer Equity Deal
A second California law firm is challenging Tulsa-based Williams Partners, L.P. over investors who purchased or publicly traded securities of the company last year as the company considered its ongoing merger with Williams Companies, Inc. The San Franc…
Quarterly Results to be Released Wednesday by Tulsa’s Cypress Energy
Tulsa-based Cypress Energy Partners, L.P. plans to release its fourth quarter 2015 financial results on Wednesday. The release will be made after the close of trading on the New York Stock Exchange. It will also hold a conference call at 4 p.m. o…
Montana Indian Tribes Fight Over Mineral Leases
Two Indian tribes and the Bureau of Indian Affairs in Montana are in a legal fight over the control of mineral leases. At stake, according to the Eastern Shoshone Tribe’s business council, are more than 600 contracts.
The Shoshone Tribe was sued by th…
State-Sponsored Job Fair Set for Friday in OKC
No doubt that many of the thousands put out of work in Oklahoma’s energy downturn will be at the upcoming job fair sponsored by the Oklahoma Employment Security Commission.
It will be held Friday, March 25 at the Chevy Bricktown Event center in downto…
SandRidge Sets Release Date for Quarterly Report
Faced with huge financial problems and challenges, SandRidge Energy has finally announced a date to release its 2015 fourth quarter and full-year financial results.
The Oklahoma City-based energy company says the results will be release after th…