“We must be cautious to ensure we don’t regulate into extinction one of the most important energy sources for this country.”
Oklahoma U.S. Senator Jim Inhofe continued his criticism Wednesday of the Obama administration and its environmental eff…
Chesapeake Energy to Release 4th Q Results in 3 Weeks.
Another energy company to watch regarding its financial challenges is Oklahoma City-based Chesapeake Energy and the company announced this week it will release its 2015 fourth quarter and year-end operational updates and financial results on Wednesday,…
Layoffs Underway at SandRidge Energy?
Oklahoma City-based SandRidge Energy reportedly started making more layoffs on Tuesday as many reports indicate the firm is on the verge of filing for bankruptcy over its $4 billion in debt.
Social media is filled with comments of SandRidge work…
Greens Sue EPA over Oil Refinery Loopholes
Greens have gone to court, suing the Environmental Protection Agency in a challenge of the EPA’s regulatory loopholes on oil refinery emissions that they contend expose communities to unnecessary levels of cancer-causing pollution. Represented by…
Matrix Service Expands with Purchase of Australian Firm
Tulsa-based Matrix Service Company has wrapped up its purchase of Baillie Tank Equipment, a company based in Australia with manufacturing operations in Seoul, South Korea.
No financial details were made available but the acquisition will mean a major …
Love’s Buys Chicago Company and Expands CNG Fueling Effort
The Chicago-based Trillium CNG company has been purchased by Oklahoma City-based Love’s Travel Stops and Country Stores and it means Love’s will add 37 public-access CNG fueling locations.
Neither company is talking about the financial terms of the de…
Love’s Travel Shops Expands CNG Network
Love’s Travel Stops is making a move to more than double its public access CNG locations by agreeing to purchase Trillium CNG. Love’s network of CNG filling locations will grow to 65 locations nationwide once Trillium’s 37 stations are added to the mix…
WTI Slips Below $30 a Barrel on Tuesday
As the specter of a production cut by OPEC and other global producers fades, U.S. crude slipped below $30 a barrel on Tuesday. March West Texas Intermediate crude lost $1.74 to end trade at $29.88 on the New York Mercantile Exchange. April Brent crude …
Lawmakers Want to Close Budget Gap by Closing Internet Sales Tax Loophole
To help bridge the funding gap left behind by dwindling oil and gas tax revenues, two Oklahoma lawmakers want to close an Internet sales tax loophole. Rep. Chad Caldwell and Rep. Jason Dunnington have filed House Bill 2925, the Oklahoma Retail Protecti…
Iran Sanctions Bill Gains Support from Congressman Lucas
As Iran readies its oil supplies to join the global markets, Congress is working to keep certain long-held sanctions in place. Congressman Steve Russell has led the effort through his bill, The Iran Terror Finance Transparency Act. In effect, it would …