CenterPoint Energy Oklahoma Gas has won a $1.9 million rate increase from the Oklahoma Corporation Commission. CenterPoint is a Houston, Texas based firm with more than 7 million natural gas and electric customers in 8 states. Its Oklahoma customer base is about 100,000 customers in northern, southern and southwestern Oklahoma. Commissioners voted in support of the …
Norman’s Commander Aircraft Corp. announced it is expanding its manufacturing operations with construction of an $8 million production facility. The new facility will allow for more manufacturing of the company’s single-engine aircraft. It will be 100,000 square feet in size and be built adjacent to the Max Westheimer airport where Commander already has two hangars …
The Cushing terminal is still growing. More and more tanks are being constructed to store crude oil coming from the rest of the nation. As Jack Money, Business Writer for The Oklahoman reported this week, analysts now believe midstream companies will have the ability by the end of next year to transport more oil out …
For the second year in a row, FFA students in Allen and Byng are the recipients of an FFA STEM Grant from Public Service Company of Oklahoma. In just its second year, the STEM (Science, Technology, Engineering, and Math) After-School Grants program is the result of a partnership between the Oklahoma FFA Foundation and PSO. …
Energy is what helped Kansas City businessman John Sherman accumulate the kind of wealth he has allowing him to become the new owner of the Kansas City Royals major league baseball team. Not just personal energy but energy involving oil and gas and electrical power. Sherman, 64, bought the team last week for a cool …
Big oil and gas companies appear to be divided over their stand on the Trump administration’s move to roll back Obama administration regulations on methane. The administration’s move on Thursday drew response for and against as Seeking Alpha, an investment analyst noted. Exxon Mobil reiterates support for the direct regulation of methane emissions for new and existing …
The slow steady decline of the number of active oil and gas rigs continues in Oklahoma and across the U.S. Oklahoma has nearly 60 fewer rigs than a year ago. Baker Hughes Co. reports Oklahoma’s count dropped by 2 more in the past week to reach 80 rigs, a far cry from the 139 reported …
Tulsa-based NGL Energy Partners LP has launched a $150 million share buy back program. The announcement came on Friday as the company’s Board of Directors of its general partner said it was attempting to repurchase its outstanding units representing limited partnership interest of NGL through September 30, 2021. NGL may repurchase units from time to …
Tulsa-based ONEOK, Inc. plans to be at this week’s Barclays CEO Energy conference in an attempt to acquire more investors and convince those it already has to invest more in the company. Management from the company will make a presentation at the conference on Wednesday, Sept. 4 at 8:05 a.m. Central Daylight Time. The presentation …
Just weeks after getting combined production of 4,900 barrels of oil a day from a four-well pad and 2,200 from a 3-well pad in Kingfisher County, Houston’s Marathon Oil Company did it again in the STACK play. Completion reports show the company had a two-well pad a mile west of the city of Kingfisher …