The House passed a bill this week to permanently ban offshore drilling off Florida’s Gulf Coast but without the support of four of the five representatives from Oklahoma. It was a party-line split in the state as Democrat Kendra Horn was among 248 Representatives who supported the measure that Democrats argued would help Florida’s tourism …
The new owner of Charles Machine Works, parent company of Ditch Witch has laid off 25 workers at the company’s operations in Perry. It was seven months ago when Toro bought the Oklahoma manufacture. Spokesman Branden Happel explained the layoffs were due to personnel restructuring and affected business and corporate functions. The 25 Oklahoma workers …
An Australian energy company has been drilling exploration wells in far West Texas in an area populated by more cattle than oil wells. The area where Helios Energy Limited claims to have found signs of oil is not in the Permian Basin but in an area of rural Presidio County, Texas. The company has drilled …
While Amazon is completing new major distribution centers in Oklahoma City and Tulsa, the company prepares to open its Regional Air Hub at the Fort Worth Alliance Airport in October. The hub is described as the first build-to-suit airport project of its kind in the Amazon Air network. It was designed to support the company’s …
Walmart announced it is donating $500,000 in cash and in-kind donations to help victims of Hurricane Dorian in North Carolina, South Carolina and the Bahamas. Headquartered in Bentonville, Arkansas, the company’s Sam’s Club is also helping with contributions for relief and recovery. The commitment will support organizations that are helping meet the needs of those …
An Oklahoma City midstream company with nearly 14,000 miles of pipeline assets took part in a Chicago conference in an attempt to attract more investors. Enable Midstream Partners, LP and members of its senior management were part of the J.P. Morgan Midwest Energy Infrastructure and MLP Conference in Chicago on Thursday. Potential investors could also …
Anytime corporate leaders at ONEOK acquire or dispose of shares in the company, they are required to report it to the Securities Exchange Commission—no matter how big or how small. This week, three corporate executives made filings with the SEC showing how each acquired 2 shares in the company. Each share was valued at $73.67. …
As much as he liked the color of oil—black—-legendary oilman T-Boone Pickens liked one other color maybe more…..orange as in Oklahoma State University orange. Pickens, the man known as the Oracle of Oil died on Wednesday at his Dallas home. He was 91 and had been ailing since suffering some strokes in 2016, but still …
A state agency is boasting of its accomplishments in creating improved conditions of lakes and streams in Oklahoma. It comes as Oklahoma is number one nationally in eliminating polluted streams. The Oklahoma Conservation Commission’s (OCC) Water Quality Division this week in delivering its 2019 Oklahoma Nonpoint Source (NPS) Success Stories to the Conservation Commission announced 12 new stories and …
Oklahoma City’s Devon Energy Corp. announced Wednesday that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2019. The dividend is payable on Dec. 27, 2019, at a rate of $0.09 per share based on a record date of Dec. 13, 2019.