Merger in the Works for Linde and Praxair

Linde AG and Praxair Inc. have confirmed they are in talks about a possible merger for two of the world’s largest providers of industrial gas products. Linde, based in Munich, Germany, said in a statement on Tuesday that the talks are preliminary and that “it is currently not foreseeable whether there will be any kind …

Continue reading »

Gas Pipeline Interfering With Tuttle Water Line Construction Project

A small town in Grady County is grappling with an unforeseen construction problem, according to a report published Tuesday in the Journal Record. A city water line is on hold as Tuttle’s city manager determines his next course of action. City Manager Tim Young says a gas pipeline is the cause of the delay. Prior …

Continue reading »

Warren Buffett’s Company Increases Holdings in Phillips 66

    The Oracle from Omaha is at it again. Berkshire Hathaway Inc., the firm founded and operated by investment guru Warren Buffett, is increasing its holdings in Phillips 66. The company manages a U.S. stock portfolio amounting to nearly $130 billion. A regulatory update filed on Monday with the U.S. Securities and Exchange Commission …

Continue reading »

AIRIS Completes Dust Control Support for Atalaya’s Barnett Well in Elk City

Tulsa-based AIRIS Wellsite Services, a leading expert in dust control solutions to the oil and gas industry, announced completion of another regional dust containment project, according to a company press release issued on Friday. Atalaya Resources contracted with AIRIS to provide full dust control support in order to protect the health and safety of all onsite personnel …

Continue reading »

LSB Industries Posts 2Q Loss of Nearly $8 Million

Oklahoma City-based LSB Industries, Inc. recently announced a net loss of $17.7 million, or 70 cents per diluted share for the second quarter of 2016, according to the company’s press release. The company reported sales of $110 million in the second quarter, down from $125.5 million from the same quarter a year ago. Capital spending …

Continue reading »

New Mexico Underground Waste Dump May Reopen in December

The U.S. Department of Energy is highly confident that the nation’s sole underground nuclear waste dump will reopen in December, according to a story posted on the website of News9.com. The Waste Isolation Pilot Plant is located 26 miles east of Carlsbad, New Mexico. The site, known as WIPP, is the world’s third deep geological repository …

Continue reading »

Corporation Commission to Hear Motions in Bribery Rate Case

The Oklahoma Corporation Commission has finally set an August 22 date to handle a nearly 27-year dispute over a bribed vote that gave a massive rate hike to Southwestern Bell. But Attorney General Scott Pruitt is objecting. Some consumers are asking for a refund totaling nearly 16 billion dollars. It’s a case where a handful …

Continue reading »

AG’s Lawsuit Against FCC Results in Millions in Savings for State

From Attorney General’s office: OKLAHOMA CITY – After a lawsuit brought by Oklahoma Attorney General Scott Pruitt, the Federal Communications Commission (FCC) issued an order this week that will save the state millions of dollars by partially relieving state and local agencies from the burden of unlawful federal regulations. The suit involves the FCC’s attempt …

Continue reading »

Summit Utilities Co.Takes Over Oklahoma Gas Operations and Hit With Fines in Maine

The same week that Summit Utilities took over operations of the Arkansas Oklahoma Gas Corporation, the firm agreed to pay $307,000 in fines in Maine over safety violations. One of the violations, according to the Associated Press was a potentially “catastrophic” gas leak in Augusta, Maine. Known as Summit Natural Gas of Maine, the company …

Continue reading »

Anti-Frackers aren’t Eager to Support Trump for his Stance on Voter Control

What Donald Trump says about energy gets the attention, pro or con from oil and gas people in Oklahoma, Texas and other fossil-fuel producing states, especially if it concerns fracking. His recent comments about supporting voters who want to control fracking caught the attention of the Dallas Observer and reporter Christian McPhate. He reached out …

Continue reading »