Aviation authorities’ grounding of nearly 400 Boeing 737 Max aircraft has had global ramifications. But a large part of the story remains local as the Tulsa World found out. At American Airlines’ Tech Ops-Tulsa, the carrier’s largest maintenance base, workers have for 10 months been babysitting more than $2 billion worth of the 737 Maxes. …
Oklahoma Congressman Markwayne Mullin joined others in his delegation in applauding the Trump administration’s repeal of the Waters of the U.S. rule. He called it the “old, harmful WOTUS rule” in responding to last week’s action by the Environmental Protection Agency and said the new rule “clearly defines a WOTUS” and “strikes the right balance …
** Oklahoma City’s Continental Resources, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.05 per share on the Company’s outstanding common stock, payable on February 21, 2020 to stockholders of record on February 7, 2020. ** Tulsa-based ONEOK, Inc. will participate in investor meetings at the U.S. Capital Advisors Midstream Corporate Access Day …
Thanks to the people of Oklahoma Oil & Natural Gas, the Oklahoma Energy Resources Board (OERB) has now trained 17,000 teachers how to use their free energy curricula, providing millions of dollars of classroom supplies and equipment across the state. The group celebrated the milestone achievement at a workshop for more than 100 teachers at Cushing …
Bankrupt Key Energy Services Inc. in Houston and its lenders have reached a restructuring support agreement that aims to reduce the company’s long-term debt by about 80 percent. The RSA was reached with lenders that hold over 99.5 percent of the principal amount of the company’s outstanding term loans, according to a Jan. 27 …
Gov. Kevin Stitt wants to consolidate the Oklahoma Department of Transportation and the Oklahoma Turnpike Authority. Combining the two state agencies makes sense because they both focus on improving transportation in Oklahoma, Stitt said in a recent radio according to the Tulsa World. “My goal is to consolidate those two agencies because really, to us, …
One of the largest coal-mining companies in the U.S., Alliance Resource Partners, L.P. of Tulsa announced its total 2019 net income grew by nearly 9%. For the 2019 Year, net income attributable to ARLP increased 8.9% to $399.4 million, or $3.07 per basic and diluted limited partner unit, compared to $366.6 million, or $2.74 …
A lawsuit has already been filed over Friday’s explosion that killed two workers at a plant in a Houston, Texas suburb. The family of one of the victims, Frank Flores, contends the Watson Grinding and Manufacturing operation knew the plant was dangerous and didn’t warn workers. Flores and another man, Gerardo Castorena were killed in …
A federal court ruling that stated the EPA exceeded its authority in exempting three oil refineries from the Renewable Fuel Standard involves a southern Oklahoma refinery and the company that owns the Holly Refinery in Tulsa. The ruling, according to some observers, could force the Trump administration to reconsider its expanded use of the exemptions. …
Landowners in the area popularly known as “Hills Country” in South have filed a federal suit against the government over a proposed major natural gas pipeline that will serve the Permian Basin oil field in Texas. The suit accuses the developers of skirting environmental law. In a lawsuit filed Friday in the U.S. District Court …