Senator Lankford says Oklahomans are being hurt in trade war

Start settling some of these agreements. It’s the advice Oklahoma U.S. Sen. James Lankford is telling the Trump administration as the tariff war waged by the President is harming businesses in Oklahoma and the rest of the country. “I can’t tell when it will end,” said the Senator in an interview with OK Energy Today.  …

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Permian Basin pipeline demand prompts company to change plans

Trying to take advantage of the massive crude oil production in the Permian Basin, another West Texas pipeline and storage company is expanding a pipeline that’s already under construction. Oryx Midstream Services II, based in Midland, Texas announced it will add 180 miles to the regional crude oil system that’s being built. When it’s finished, …

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ONEOK to release earnings report end of July

ONEOK plans to release its second quarter 2018 earnings on July 31. The release will be made after the closing of the markets.  Then the next day, Aug. 1 at 10 a.m. Central Time, company executives will take part in a conference call. The company’s first-quarter 2018 financial results saw growth as the company credited …

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ConocoPhillips expands board of directors with new appointee

The board of directors at ConocoPhillips has been expanded with this week’s election of Jeffrey A. Joerres to the board. He was chief executive office of Manpower Group Inc. from 1999 to 2014 and was chairman of the board from 2001 to 2014. Joerres joined Manpower Group in 1993 and was vice president of Marketing …

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Quarterly dividend reported by ConocoPhillilps

  ConocoPhillips is reporting a quarterly dividend of 28.5 cents a share. The company said it will be payable Sept. 4, 2018 to stockholders of record at the close of business on July 23, 2018.  

Williams to release 2nd Quarter earnings report Aug. 1

Tulsa’s Williams and Williams Partners plan to announce their second-quarter 2018 financial results in a few weeks. The release will be made after the close of markets on Wednesday, Aug. 1. Company leadership plans to hold a joint Q and Q live webcast the next morning at 8:30 Central Time. The focus will be on …

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Frack sand trucker on cellphone at time of deadly crash near Yukon

Police in Yukon, Oklahoma indicate the frac sand truck driver killed in a crash last week was talking on her cellphone at the time of the July 5th incident. Paula Jo Black of Sulphur Springs, Texas was killed when the Tex-Sand Inc.  truck crashed into a ditch off State Highway 4 just north of Yukon …

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OIPA names David Le Norman as Member of the Year

 David Le Norman, president and CEO of Le Norman Operating, has been named Member of the Year by the Oklahoma Independent Petroleum Association. The association recognized Le Norman as one of the most prominent donors to the Oilfield Services Fundraising Auction, for his work to boost the association’s political fundraising efforts, and for steadfast leadership …

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Iowa Judge rules against Tulsa’s NGL in continuing biofuels fight with EPA

An Iowa federal judge has ruled against Tulsa’s NGL Crude Logistics in a biofuels fight with the EPA that involved allegations made against a company later purchased by NGL. But part of the case is going to trial. U.S. District Judge Linda R. Reade granted summary judgment this week to the Environmental Protection Agency which …

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NGL wraps up sale of retail propane business to Superior Plus

Tulsa’s NGL Energy Partners LP announced this week it wrapped up its $900 million sale of its Retail Propane business to Superior Plus Corporation. The sale was announced in May when the company said it planed to exit the retail propane business and focus its capital on the Water Solutions and Crude Logistics businesses. NGL …

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