The move to assess whether improvements can be made to the way the Oklahoma Corporation Commission functions is underway. Governor Mary Fallin on Monday issued an executive order establishing a task force to undertake an organizational analysis of the commission. Her order created the Second Century Corporation Commission Task Force. It will be made up …
A strong thunderstorm packing high winds caused extensive damage around Pampa, Texas over weekend, leaving dozens of oil pumping units without power. The Amarillo Globe-News reported more than 40 utility poles were downed in the Saturday storm. Crews with Xcel Energy spent the weekend attempting to restore power, but the Pamp Regional Medical Center was …
An Oklahoma State University scientist led a study of more than 60 other experts into the increase of hot droughts globally and how they affect plants and vegetation. The study was published in Nature Ecology and Evolution and was spearheaded by Henry Adams. It explored the development of a more accurate land-surface prediction model, according …
It’s one thing to raise money for oil and gas ventures and use the money for that purpose. But it’s not when you use the money for personal purposes, such as paying for your children’s college tuition. Ask William “Gilligan” Sewell, owner of 7S Oil and Gas based in Midland, Texas. He’s agreed with the …
A Texas businessman awaits sentencing after pleading guilty to conspiring to smuggle radiation-hardened integrated circuits to China and Russia for use in their space programs. Peter Zuccarreli, 62 of Plano pleaded guilty recently to violating the International Emergency Economic Powers act. It was in 2015 and last year when he and his co-conspirators agreed to …
Final arguments for and against TransCanada Corps’ proposed Keystone XL pipeline, the one meant to eventually connect to the Keystone already in place in Oklahoma and Texas will be heard this week by Nebraska regulators. It is considered the last big hurdle for the project after President Trump gave federal approval earlier in the …
Support is growing for extending the passenger rail service from Oklahoma to Kansas City. The city of Arkansas City, Kansas recently voted in support of a resolution urging the creation of such a route and extending Amtrak’s Heartland Flyer from Oklahoma City north to Newton and into Kansas City. “The spectacular turnout of more than …
As state regulators continue their investigation into a recent spate of tremors in central Oklahoma, our neighbors to the north are reeling from a series of earthquakes over the weekend. Four small earthquakes occurred late Friday night and early Saturday morning, according to a report by The Wichita Eagle. The first quake registered 3.0 and …
After the sale of its holdings in a Geismar, Louisiana plant, Tulsa’s Williams Partners announced second quarter net income of $81 million. The Geismar sale totaled $2.1 billion in cash and proceeds were used to pay off an $850 million term loan and also prefund part of growth capex. The $81 million net income was …
Murphy Oil Corporation’s announced the offer of $550 million in Senior Notes that will mature in 2025. The El Dorado, Arkansas based independent oil and gas exploration company said it will use proceeds to redeem its 2.500 percent Notes due December 2017. J.P. Morgan Securities LLC is the joint book-running manager for the offering.