One of the energy websites across the U.S. is shutting down operations. Oilpro.com announced Monday it is closing. “It is with great sadness that we announce the closure of Oilpro.com,” said the firm. It will no longer operate as of Aug.2 when the website goes offline. As Oilpro.com liked to describe itself, it was a …
Oklahoma Congressman Tom Cole is one of the latest to take a stand against President Obama’s call to privatize the air traffic control system. The U.S. Representative said a privatized Federal Aviation Administration would be unfair to the American taxpayer. “It is simply wrong to take billions of dollars’ worth of assets purchased by federal …
Writing in a publication of the Aircraft Owners and Pilots Association, U.S. Sen. Jim Inhofe promoted his bill which calls for expanded investments at general aviation airports across the U.S. He touted his Forward Looking Investment in General Aviation, Hangars and Tarmacs Act of 2017, the FLIGHT Act. “This legislation will give general aviation airports …
Halliburton, with the major operation in Duncan, has agreed to pay $29 million to settle an investigation by the Securities and Exchange Commission. The investigation was into allegations that the company had violated the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act while selecting and making payments to …
Oklahoma City-based Devon Energy has taken another step in its $1 billion divestiture program with the sale of nearly 20,000 of holdings the Eagle Ford play of south Texas. The 19,600 acres was sold to Penn Virginia Corp. for $205 million cash in a deal targeted to be closed by Sept. 30. Penn Virginia officials …
When it comes to energy, Lieutenant Governor Todd Lamb not only talks with a lot of it, but believes the state must rely on other industries besides the energy industry. “Any time we’ve had a dip in the commodity price,” said Lamb in an interview with OK Energy Today, “a lot of state officials have …
The $659 billion Defense Spending bill approved the House included some issues supported by Oklahoma Congressman Jim Bridenstine. H.R. 3219, called the Make America Secure Appropriations Act not only funds national defense but what Bridenstine said were important U.S. Army Corps of Engineers projects. The measure will require the Corps to do studies which are …
Talks are reported to be underway for a possible purchase of Houston, Texas-based Calpine Corp. by Energy Capital Partners headquartered in New Jersey. Calpine has power operations in 18 states including Arkansas and Texas and in northeast Oklahoma. It opened the Oneta energy center 15 years ago. The gas-fired power plant is located in Wagoner …
It is a matter of waiting…..weeks or months for the Denver Federal Appeals Court to rule whether the federal government has the authority to regulate hydraulic fracturing on public and tribal lands. Arguments were made in the fight on Thursday before the 10th U.S. Circuit Court of Appeals as industry groups contended the Interior Department …
The STACK’s latest big producer is a well bringing in more than 1,300 barrels of oil a day. Completion reports published by OK Energy Today show the Marathon Oil Company well had production of 1,317 a day along with 2,383 Mcf of gas when it was completed in February of this year. The Strack well …