** Tulsa’s NGL Energy Partners LP is attending the Wells Fargo 18th Annual Midstream and Utility Symposium in New York, New York , which concludes tomorrow. Members of NGL’s management team will be participating in a series of one-on-one meetings with members of the investment community at the conference.
** Kansas City’s Tallgrass Energy, LP , through its affiliate Tallgrass Pony Express Pipeline, LLC announced a binding open season soliciting shipper commitments for crude oil transportation from Pony Express’ Sterling origin to destinations in Cushing, Okla., in exchange for volume incentive tariff rates. The open season will run from Dec. 10, 2019, to Jan. 29, 2020.
** The U.S. could produce just over 24 billion barrels of oil equivalent over the next five years, according to a report by two environmental groups, the Global Gas and Oil Network and Oil Change International, which analyzed projection data from research firm Rystad Energy. This works out to be roughly 13.2 million barrels of oil equivalent per day, a figure that includes both oil and natural gas. For context: The U.S. currently producing about 12 million barrels of oil a day.
** The Board of Directors of Xcel Energy Inc. based in Minneapolis, Minnesota declared a quarterly dividend on its common stock of 40.5 cents per share. The dividends are payable January 20, 2020, to shareholders of record on December 26, 2019.
** The city of Detroit will receive $4 million as part of a settlement in a case against a California company’s faulty LED streetlights.
** The University of Iowa receives nearly $1.2 billion under a deal to privatize its electric and water utilities.
** The 800-mile Trans-Alaska Pipeline hits a milestone of 18 billion barrels pumped from Prudhoe Bay to Valdez.