Energy news in brief

**  Baker Hughes  announced that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on February 14, 2020 to holders of record on February 3, 2020.

** North Dakota regulators signal they will not impose conditions beyond those required by the federal government on a plan to double the capacity of the Dakota Access Pipeline. 

** Speaking at the World Economic Forum in Davos, former US vice president Al Gore is again attacking the oil and gas industry. In Friday comments, he warned  the world cannot allow oil companies to encourage plastic production in order to make up for lost revenue.

** SandRidge Energy’s SANDRIDGE MISSISSIPPIAN TRUST I and II  announced  quarterly distribution for the three-month period ended December 31, 2019. The Trust I had a distribution of $0.5 million or $0.0163 per unit while Trust II had a distribution of approximately $0.7 million, or $0.014 per unit.  The distributions are expected to occur on or before February 28, 2020 to holders of record as of the close of business on February 14, 2020.

** A company stops production at an Indiana coal facility, citing “weak market conditions.”

** The Trump administration proposes a $3.7 million settlement with the owner of an oil and gas well that was leaking air pollution near an Ohio Boy Scout camp. 

** correction**  Marathon Petroleum Corporation is the Ohio based firm that is expected to report lower quarterly revenues next week,not Marathon Oil, the firm with operations in Oklahoma.

** A report warns that Wyoming and other states may not be able to hold coal companies accountable for reclaiming land as the industry declines.

** Colorado regulators find more than 100 pollution violations at a refinery near Denver.

** ConocoPhillips is preparing to deploy a massive rig known as “The Beast” on Alaska’s North Slope with the help of an Alaska Native corporation and state logistics experts.

** Experts believe oil production and development in Wyoming’s Powder River Basin will continue to grow, but at a slower rate than in recent years.