Oklahoma U.S. Sen. Markwayne Mullin believes private industry should be the ones solving the issue of plastic waste, and not overrulgation from the federal government. It’s the message he delivered at a recent Senate Environment and Public Works Committee hearing on evaluating material alternatives for single-use plastics. Mullin is the Ranking Member of the …
Oklahoma City’s Mach Resources raised a reported $190 million on its first day of being listed on the New York Stock Exchange. The Anadarko basin oil and gas operator had priced its initial public offering on the Exchange, expecting to raise $171.7 million of net proceeds. It had proposed 10 million common units priced …
Tulsa-based Alliance Resource Partners, considered one of the major coal mining companies in the nation, reported increased total revenues in the third quarter, but also lower net income. The company released its earnings report on Friday showing total revenues of $636.5 million compared to $632.5 million a year earlier. The slight gain was attributed …
After spending $35 million for land where it hoped to build a $225 million casino in Arkansas, the Cherokee Nation Businesses was turned down in its bid for a casino license. The Arkansas Supreme Court upheld a ruling that voided Cherokee Nation Businesses’ casino license, according to Arkansas Business. The court ruled 5-2 against …
A City Councilman in the city of Piedmont is blaming oil well drilling activity around his city for messy and muddy roads and he wants the city ordinances updated to deal with the problem. Byron Schlomach, the Ward 5 Council member complained at a recent meeting about the damage to Arrowhead Road and NW …
Members of an Oklahoma Senate Committee want to know more details about what led to Michelin’s decision announced this week to close its tire production plant in Ardmore, a move that will put 1,400 employees out of work sometime in 2025. The Senate Select Committee on Business Retention and Economic Development plans a hearing …
Oklahoma’s oil and gas rig count held steady in the past week while the national total increased by one to 625. Baker Hughes Co. released its weekly Rig Count on Friday showing a pickup of 2 oil rigs to reach a total of 504 while the number of gas-drilling rigs declined one to 117. …
Public Service Company of Oklahoma (PSO) says it will distribute 122,000 free LED bulbs to Oklahoma families this year. In the past 10 years, PSO’s Shine a Light program has distributed almost 1 million energyefficient bulbs, which last longer and use less energy. For PSO customers, that has meant more than $3 million in …
While EV maker Canoo has relied on millions of dollars in incentives offered by the state of Oklahoma and the city of Oklahoma City, another strugging EV maker, Rivian is doing its best to take advantage of the Biden administration’s green energy slush fund. It was reported that Biden’s clean energy czar, John Podesta …
After being told the state of Oklahoma would offer $100 million in incentives in August, EV maker Canoo has seen its stock plummet in price. Trading closed at 26 cents a share on Friday as the car maker moved ahead with transforming a former plant in west Oklahoma City into a manufacturing plant. It …