Starbucks in Texas to be powered by solar energy

Starbucks stores in Texas will get their electricity from solar farms under a deal announced this week. Starbucks, Cypress Creek Renewables and U.S. Bank have teamed up on a portfolio of solar farms across the state. Cypress is one of the nation’s leading solar companies and will provide enough energy for the equivalent of 360 …

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Tulsa’s Frontier Energy creates joint venture in Midland Basin

The latest effort to improve oil gathering and transportation service in the Permian Basin is a joint venture involving Tulsa’s Frontier Midstream Solutions IV, LLC. The Oklahoma company reached an agreement with Concho Resources Inc. of Midland, Texas to create Beta Crude Connector LLC. Each will own a 50 percent equity interest in BCC with …

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Alliance Resource to release earnings April 29

  Alliance Resource Partners, L.P., one of the largest coal mining companies in the U.S. plans to release its first quarter 2019 financial results on April 29. The release by the Tulsa-based company will be made before the markets open on that Monday. Company management will discuss the results during a conference call at 9 …

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Roan Resources starts search for new chairman after resignation

The President of Oklahoma City-based Roan Resources, Inc. has resigned. Tony Maranto who was President, CEO and chairman of the board of directors resigned effective April 12 “for personal reasons” according to a company statement. Board member Joseph A. Mills was named to replace him as Executive Chairman of the board and will assume the …

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Williams to release earnings report May 1

Tulsa’s Williams Cos. plans to announce its first-quarter 2019 financial results on May 1. The results will be released after the market closes on that Wednesday. The earnings conference call and webcast with analysts and investors will be held the next day at 8:30 a.m. Central Time. The Tulsa-based company reported a loss of $572 …

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ConcoPhillips concludes sale of holdings in Timor Sea

  ConocoPhillips says it’s wrapped up its $350 million sale of its holdings in the Timor Sea. The government of Timor-Leste bought the firm’s 30 percent interest in the Greater Sunrise Fields. “We are pleased to complete this transaction with the government of Timor-Leste,” said Matt Fox, executive vice president and chief operating officer. “ConocoPhillips …

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Tinker Air Base projects up in air while Congress leaves town

Members of Congress have left Washington, D.C. on a two-week break without taking action on storm repairs to Air Force Bases, thereby endangering construction projects at Oklahoma’s Tinker Air Force Base. The Air Force indicated in March it needed $5 billion dollars over three years to repair flood and storm damage to Offutt Air Force …

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Members of Congress ask President not to grant oil exceptions for Iran

Oklahoma’s Representatives were not among them, but more than 30 House members sent a letter to President Trump urging him to keep up the pressure on Iran and not to renew exceptions for the import of Iranian oil. House Republican Conference Chair Liz Cheney led the effort in sending the April 12 letter. “Your maximum …

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State regulators to meet Tuesday

The request of OGE for a fuel adjustment from the year 2017 will be considered Tuesday by the Oklahoma Corporation Commission. The request, noted at No. PUD 201800084 was filed last fall and on Tuesday, the Commission will review the recommendations of Brandy Wreath, Director of the Commission’s Public Utility Division. By law, there must …

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Stormy weather in Oklahoma predicted for Wednesday

Spring severe weather is in the forecast this week in Oklahoma and that means energy workers, whether they’re on an oil rig, wind farm or coal mine should be alert. Most of the state will feel the impact of possible storms as a cool front triggers activity. As State Climatologist Gary McManus put it in …

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