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Oklahoma

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  • Continental Resources unveils 5-year growth plan Monday, 8 Oct 2012 | 5:43 PM ET

    OKLAHOMA CITY-- Continental Resources Inc. said Monday that it plans to triple production and proved reserves of oil and natural gas liquids in the next five years on its leased properties in the U.S.

  • Tulsa commission takes no action against jazz hall Monday, 8 Oct 2012 | 2:25 PM ET

    TULSA, Okla.-- Tulsa County commissioners took no action Monday against the Oklahoma Jazz Hall of Fame after the nonprofit announced it had raised enough money to pay off its long-overdue bills.

  • Oklahoma to sell rail lines to Union Pacific Monday, 8 Oct 2012 | 10:24 AM ET

    OKLAHOMA CITY-- Oklahoma transportation officials are to conclude a deal with Union Pacific Corp. that was 30 years in the making. The Oklahoma Transportation Commission meets Monday at 11 a.m. at which the agency is to announce that Union Pacific is to take ownership of 350 miles of rail lines in the state.

  • Okla. to get $5M in child welfare services grants Monday, 8 Oct 2012 | 10:22 AM ET

    OKLAHOMA CITY-- Oklahoma is to receive more than $5 million in federal grants to help fund services for foster children and families. The Oklahoma Department of Human Services is getting $3.2 million to fund a five-year project to provide mental and behavioral health services for children, youth and families.

  • Shares in Cookson slide as much as 18 percent to a year low and lead FTSE mid-cap fallers after the group warns on full-year profits due to tough trading at its ceramics division. Morgan Crucible, which also makes industrial ceramics, was dragged 8 percent lower.

  • $1.4T in states' pension fights foreshadowed in RI Sunday, 7 Oct 2012 | 8:45 AM ET

    PROVIDENCE, R.I.-- Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. He and other retirees are challenging the pension changes in a court battle that's likely to have national implications as other states follow Rhode Island's lead.

  • $1.4 trillion in pension fights foreshadowed in RI Sunday, 7 Oct 2012 | 5:01 AM ET

    PROVIDENCE, R.I.-- Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. He and other retirees are challenging the pension changes in a court battle that's likely to have national implications as other states follow Rhode Island's lead.

  • Tulsa American Airlines plant to lay off 450 Friday, 5 Oct 2012 | 8:07 PM ET

    TULSA, Okla.-- About 450 mechanics and fleet service workers at American Airlines' Tulsa maintenance base will be laid off by February, the company and union officials announced Friday.

  • HOUSTON, Oct 5- Chesapeake Energy Corp said on Friday it has reached a settlement with the U.S. Department of Justice to resolve alleged violations of the federal Clean Water Act. As part of the deal that still requires court approval, the Oklahoma City, Oklahoma, company will pay a $600,000 fine.

  • Jazz hall organizers say they will pay $60k debt Friday, 5 Oct 2012 | 4:57 PM ET

    TULSA, Okla.-- Facing eviction, directors at the Oklahoma Jazz Hall of Fame have announced they will finally be able to pay off some $60,000 in bills the organization has owed for months. Friday's statement by the Tulsa nonprofit comes two days ahead of a special meeting set by the county to discuss what to do with the museum.

  • Ark. property owners sue over drilling waste wells Friday, 5 Oct 2012 | 3:59 PM ET

    LITTLE ROCK, Ark.-- A group of residents in Independence and Faulkner counties are suing three natural gas drilling companies, claiming that waste fluids are improperly being pumped underneath land the companies don't own or lease. Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August.

  • Property owners sue over gas drilling waste wells Friday, 5 Oct 2012 | 3:48 PM ET

    Houston- based Southwestern Energy Co. was the only company named in the original version of the suit, which was filed in August. Southwestern Energy filed a motion to dismiss the original suit, arguing the plaintiffs didn't show they had a claim.

  • Hertz extends offer for Dollar Thrifty shares Friday, 5 Oct 2012 | 11:48 AM ET

    Park Ridge, N.J.- based Hertz is in the process of acquiring Tulsa, Okla.- based Dollar Thrifty Automotive Group Inc. for $87.50 per share, or about $2.3 billion. The offer, which was previously set to expire on Friday, will now expire on Oct. 22, Hertz said. Hertz shares fell 2 cents to $14.54 in midday trading Friday.

  • Daryl Hannah arrested in Texas protesting pipeline Friday, 5 Oct 2012 | 9:22 AM ET

    HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • SAN ANTONIO, Oct 4- Actress Daryl Hannah was arrested in Texas on Thursday after she stood in front of an earth-moving machine clearing ground for the construction of the controversial Keystone XL pipeline, her representative said.

  • Okla., Colo. govs. report on 22-state CNG plan Thursday, 4 Oct 2012 | 4:45 PM ET

    OKLAHOMA CITY-- The governors of Oklahoma and Colorado say their effort to encourage manufacturers to produce compressed natural gas vehicles is gaining momentum. Mary Fallin and Colorado Gov. Fallin says dealerships representing Ford, Chrysler, General Motors and Honda have submitted more than 100 bids.

  • Drought conditions ease slightly in Oklahoma Thursday, 4 Oct 2012 | 3:39 PM ET

    OKLAHOMA CITY-- Rain that fell across much of Oklahoma last weekend helped to slightly reduce the severity of exceptional drought in the state. Drought Monitor report released Thursday shows 28 percent of the state in exceptional drought _ the worst category.

  • Chesapeake executive compensation under review -filing Wednesday, 3 Oct 2012 | 5:06 PM ET

    HOUSTON, Oct 3- Chesapeake Energy Corp extended employment contracts with certain executives through the end of the year as its board of directors reviews the oil and gas company's compensation practices, according to a regulatory filing on Wednesday.

  • Unemployment rates for Southern US cities Wednesday, 3 Oct 2012 | 3:41 PM ET
  • Canada crude-Synthetic, heavy grades weaken Wednesday, 3 Oct 2012 | 2:15 PM ET

    Light synthetic crude for November delivery last sold for $9.75 a barrel over benchmark West Texas Intermediate, compared with $12 a barrel over WTI on Tuesday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $11 a barrel under WTI, an 80- cent wider discount than on Tuesday.