CHESAPEAKE CEO: COAL-FIRED PLANT TOO RISKY
Chesapeake Energy CEO Aubrey McClendon made a rare public appearance at the Oklahoma Corporation Commission on Monday, urging commissioners to reject the Red Rock power plant proposal. - Janice Francis-Smith

TULSA COAL PRODUCER SALES, PROFITS SURGE
Despite reduced capacity, coal producer Alliance Resource Partners recorded double-digit revenue and profit growth in its second quarter, easily besting Wall Street projections. - Kirby Lee Davis

MAGELLAN PLANS $65M BOOST FOR TEXAS PIPELINE SYSTEM
Magellan Midstream Partners will increase capacity at its Dallas and Houston terminals under a $65 million Texas pipeline system expansion. - Kirby Lee Davis

WILLIAMS PLOTS $480 MILLION GULF PLATFORM, PIPELINES
Williams plans to invest $480 million in its Perdido Foldbelt project, expanding its gathering and processing infrastructure in the deepwater Gulf of Mexico. - Kirby Lee Davis

DEVON BEGINS OFFSHORE BRAZIL PRODUCTION
Devon Energy is beginning to see the fruits of its offshore Brazil labor. Officials said production has begun from Devon's Polvo oil field, which is in block BM-C-8 in the Campos Basin offshore Rio de Janeiro. - Jerry Shottenkirk

DANISH FURNITURE STORE PLANNED
BoConcept, a high-end Danish furniture maker and retailer, is coming to Oklahoma. - Kelley Chambers

RAINMAKER PROFITS FROM DISTRIBUTION
Only eight years ago, J.C. Goodson ran Rainmaker Sales Inc. from his house. Times have changed for the president of the Shawnee polyethylene piping distribution center. In 2006, Rainmaker's sales reached $34 million. The company has 12 employees. - Jerry Shottenkirk