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  • NEW YORK, Nov 25- A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S.

  • Oklahoma's gas price falls for 27 straight days Tuesday, 25 Nov 2014 | 12:10 PM ET

    AAA Oklahoma said Tuesday that the retail price for regular gasoline in the state has fallen for 27 consecutive days. Chuck Mai, spokesman for AAA Oklahoma, says the last time the Oklahoma average was this low was on Oct. 2, 2010. On Thanksgiving Day 2009, Oklahoma's average was $2.49, and Mai says motorists are on track to see the lowest Thanksgiving gas prices...

  • UPDATE 1-Chesapeake Energy loses in bond dispute appeal Tuesday, 25 Nov 2014 | 12:05 PM ET

    NEW YORK, Nov 25- A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S.

  • Honda admits failing to report deaths, injuries Monday, 24 Nov 2014 | 4:55 PM ET

    DETROIT— Honda is admitting that it failed to report more than 1,700 injury and death claims about its vehicles to U.S. safety regulators, a violation of federal law. The agency said at the time that Honda may have failed to report incidents related to air bags made by Takata Corp. as well as other defective parts. Honda has recalled more than 5 million vehicles in...

  • Report: Wind power saves $1.2 billion each year Saturday, 22 Nov 2014 | 1:29 PM ET

    The American Wind Energy Association analyzed hourly data from the Southwest Power Pool in 2013 and calculated when wind turbines were used to generate electricity, The Oklahoman reported. "It's very clear that new wind energy being added to the Southwest Power Pool is providing very large net benefits for consumers," said Michael Goggin, the wind...

  • Tribal head to speed North Dakota pipeline talks Friday, 21 Nov 2014 | 1:02 AM ET

    BISMARCK, N.D.— The new leader of North Dakota's oil-rich Three Affiliated Tribes is pledging to speed negotiations on a proposed pipeline through tribal land that would curb the wasteful burning of natural gas in the state by more than 10 percent. North Dakota's booming oil production has led to an unmanageable increase in the state's output of natural gas,...

  • Okla. high court finds for American Airlines Tuesday, 18 Nov 2014 | 12:37 PM ET

    OKLAHOMA CITY— The Oklahoma Supreme Court says American Airlines is entitled to sales tax refunds that could total more than $1 million. A 42- page ruling handed down Tuesday by the court overturns the Oklahoma Tax Commission's denial of the refund and orders the commission to determine exactly how much money is owed to the airline. Fort Worth, Texas- based...

  • Oklahoma court: American entitled to tax refunds Tuesday, 18 Nov 2014 | 12:09 PM ET

    OKLAHOMA CITY— The Oklahoma Supreme Court says American Airlines is entitled to sales tax refunds that could total more than $1 million. A 42- page ruling handed down Tuesday by the court overturns the Oklahoma Tax Commission's denial of the refund and orders the commission to determine exactly how much money is owed to the airline. Fort Worth, Texas- based...

  • Dropkick Murphys tour bus involved in fatal crash Monday, 17 Nov 2014 | 12:32 AM ET

    AUSTIN, Texas— The Dropkick Murphys have canceled a concert after a tour bus carrying the band struck and killed a pedestrian near Austin, Texas. The Massachusetts- based Celtic punk group announced on its Facebook page that a man darted in front of the bus early Sunday as the vehicle was headed to the Dallas airport to drop off one of the band members.

  • Keystone XL work already completed in Oklahoma Sunday, 16 Nov 2014 | 12:02 PM ET

    The current debate in Congress is centered on the proposed northern leg, which would run from Hardesty in Alberta, Canada, through Montana and South Dakota to Steele City, Nebraska. The Gulf Coast segment of the project began carrying oil earlier this year from the northern Oklahoma town of Cushing to refineries in the Gulf Coast. "The Gulf Coast segment helps...

  • Energy giant CEO's ex-wife to appeal $1B divorce Friday, 14 Nov 2014 | 7:57 AM ET

    OKLAHOMA CITY— The ex-wife of multibillionaire energy tycoon Harold Hamm plans to appeal a court ruling that awarded her nearly $1 billion in a divorce settlement, according to her attorney. An Oklahoma County judge awarded $995.4 million this week to Sue Ann Hamm, who was married for more than 20 years to Continental Resources Inc. CEO Harold Hamm before she...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE, Nov 14- Brent crude held near a four-year low just above $77 a barrel on Friday amid concerns over excess supply and uncertainty over whether OPEC would cut output at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the Nov. 27 OPEC meeting," said Mark...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE Nov 14- Brent crude held near a four-year low below $78 a barrel on Friday amid concerns over excess supply and uncertainty over whether OPEC would cut output at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the Nov. 27 OPEC meeting," said Mark Keenan,...

  • *Volatility to continue ahead of Nov. 27 OPEC meeting- analyst. SINGAPORE Nov 14- Brent crude edged above $78 a barrel on Friday but remained close to a four-year low because of concern over excess supply and uncertainty over whether oil cartel OPEC would cut production at a meeting in two weeks. "We've got a period of very heightened volatility in the lead-up to the...

  • Saudi Arabia's oil minister also appeared to rule out a cut in production by the key OPEC member when the Organization of the Petroleum Exporting Countries meets in Vienna on Nov. 27 fuelling fears of oversupply. *U.S. crude for December delivery rose to 23 cents to $74.43 a barrel by 0116 GMT on Friday after dropping $2.97 in the previous session, the lowest since...

  • *Brent hits Sept 2010 low below $78, US crude below $75. The decline compounded Wednesday's losses stemming from comments by Saudi Arabia's oil minister that showed little will by the kingdom to cut output when the Organization of the Petroleum Exporting Countries meets on Nov. 27. Brent settled down $2.46, or 3.1 percent, at $77.92 a barrel, after plumbing a...

  • July 2008- TransCanada announces plans to expand its existing 590,000 bpd Keystone oil pipeline system to the Gulf Coast. September 2008- TransCanada Corp files an application with the U.S. State Department for a presidential permit allowing construction of the project. November 2011- The U.S. State Department says it needs to assess alternative routes for...

  • The U.S. government's Energy Information Administration said stocks at the Cushing, Oklahoma, delivery hub for U.S. crude rose 1.7 million barrels for the week ended Nov. 7, while gasoline stocks surged 1.8 million barrels. Even with decent numbers like these, the market can't rally, "said Kyle Cooper, managing director at IAF Advisors in Houston.

  • *OPEC says demand for its crude will drop next year. LONDON, Nov 13- Brent crude fell to a four-year low below $79 a barrel on Thursday after Chinese data showed further economic slowdown, Saudi Arabia kept silent about a possible cut in production and crude stocks built up at a key U.S. delivery point. Brent crude for December was down by $1.40 at $78.98 a barrel by 1615...

  • Helmerich & Payne tops 4Q revenue forecasts Thursday, 13 Nov 2014 | 6:21 AM ET

    TULSA, Okla. _ Helmerich& Payne Inc. on Thursday reported profit of $168.7 million in its fiscal fourth quarter. Analysts expected $977.2 million, according to Zacks. Helmerich& Payne shares have increased roughly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 10 percent.