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Energy - 06.05.2013

Chesapeake discloses compensation package for incoming CEO

In a June 5 filing with the U.S. Securities and Exchange Commission, Chesapeake Energy Corp. reported it will pay incoming CEO Robert Douglas Lawler a base salary of $1.25 million. He also will receive a $2 million signing bonus and company stock, along with additional bonuses and compensation opportunities. Read more
 
Energy - 05.30.2013

The rest of the story

Oklahoma's energy picture tainted by negative publicity

Forced resignations, divorces and shareholder battles have left some of Oklahoma’s premier energy companies in disarray – or so the news headlines would suggest. Read more
 
Energy - 05.30.2013

Energy saver

Devon Energy Center receives gold Leadership in Energy and Environmental Design designation

A lot of little things contributed to the Devon Energy Center receiving the gold designation for Leadership in Energy and Environmental Design from the U.S. Green Building Council. Read more
 
Energy - 05.21.2013

Chesapeake names new CEO

Chesapeake Energy named Robert Douglas “Doug” Lawler as the company's new CEO, effective June 17. Lawler replaces Aubrey McClendon, who was pushed out by the company's board of directors. A CEO succession plan announced Jan. 29 stated McClendon would retire by April 1. Read more
 
Energy - 05.21.2013

Gas prices spike in Oklahoma

AAA Oklahoma this week reported the average price of a gallon of self-serve, regular gasoline in the state had reached its highest point ever, at $3.963 per gallon. This breaks the previous record of $3.952 per gallon, set last weekend. Read more
 
Energy - 04.23.2013

Devon takes gold for headquarters

 The Devon Energy Center is officially one of the greenest buildings in the country. On April 22, the 50-story tower and adjoining buildings and gardens received the gold certification for Leadership in Energy and Environmental Design from the U.S. Green Building Council. Read more
 
Energy - 04.04.2013

GE plans OKC research center

Gov. Mary Fallin joined executives from General Electric April 3 at the state Capitol to announce the company’s oil and gas arm plans to build a $110 million Global Research Center in the Oklahoma City metro area. Read more
 
Energy - 01.29.2013

McClendon announces retirement from Chesapeake

The energy company's founder and CEO will step down April 1.

Chesapeake Energy CEO Aubrey McClendon announced that he will be retiring from the company, effective April 1. The announcement came in a news release issued by the company today. Read more
 
Energy - 01.16.2013

Canary Wellhead Equipment purchased by Denver company

Denver-based Frontier Energy Group purchased Oklahoma City-based Canary Wellhead Equipment Inc., and will brand the combined company Canary LLC. The company will be based in Denver with expanded operations in Oklahoma. The transaction details were not disclosed. Read more
 
Energy - 12.19.2012

SandRidge plans sale of Permian assets

SandRidge Energy Inc. has signed a definitive agreement to sell its Permian Basin properties for $2.6 billion. The buyer is Houston-based oil and gas company Sheridan Production Partners II. It is expected to close in the first quarter of 2013. Read more
 
Energy - 12.12.2012

Chesapeake plans to sell midstream assets

Chesapeake Energy Corp. entered into an agreement to sell a portion of its assets for about $2.16 billion, and expects to complete the deal by the end of the year. Read more
 
Energy - 12.12.2012

Nichols plans to retire from Devon Dec. 31

Energy, news, okc, okcbiz, devon energy, larry nichols, retirement, john richels, devon headquarters, oil and gas industry

Come January, Larry Nichols will no longer draw a paycheck from Devon Energy Corp., but he will still be a familiar face around the office. Read more
 
Energy - 11.30.2012

OnCue marks three millionth gallon of CNG sold in Oklahoma

Convenience store and gas station chain OnCue marked its three millionth gallon of compressed natural gas sold in Oklahoma on Nov. 29. The Stillwater-based company has 13 CNG stations around the state. Read more
 
Energy - 11.26.2012

Liquid savings

Oklahoma and Colorado governors team to convert state motor fleets to CNG

Vehicles that run on compressed natural gas will find more of their brethren on Oklahoma roads in the coming years, and more places to fill up. As part of a plan hatched last year, Oklahoma Gov. Mary Fallin and Colorado Gov. John Hickenlooper committed to converting their respective state motor-vehicle fleets to CNG vehicles, and got 20 other governors on board. Read more
 
Energy - 11.09.2012

Continental plans to increase production in North Dakota

Continental Resources Inc. plans to acquire properties in North Dakota for $650 million by Dec. 31. Read more
 
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