Kansas City-area based Tallgrass Energy LP has announced an increased second quarter dividend as it also plans to release its quarterly earnings report. The pipeline company with operations carrying crude oil from Wyoming to Cushing, Oklahoma said the second quarter cash dividend of $0.4975 per Class A share is an increase of 2.1 percent …
Plains All American Pipeline, L.P. , a Houston based firm with pipeline operations and offices in Norman and Cushing, Oklahoma announced a 30-cent a share distribution for the second quarter of 2018. The distribution, which amounts to $1.20 on an annualized basis is unchanged from the first quarter of the year. The company’s Series A …
Houston’s Enterprise Products Partners, L.P., a company with natural gas storage operations in Oklahoma, Texas, Kansas and other states has declared an increase in the quarterly cash distribution paid to limited partners for the second quarter of 2018. The board of directors declared the increase to 43-cents per common share or $1.72 on an annualized …
In a move that might boost optimism among executives at Tulsa’s Williams Companies, federal regulators have overturned the state of New York’s denial of approval of Millennium Pipeline’s request to start service on the Valley lateral natural gas pipeline project. The Federal Energy Regulatory Commission approved the small pipeline that New York state rejected last …
The Oklahoma Corporation Commission plans a special meeting this month to consider a $325 million consumer savings plan proposed by Empire District Electric Company which wants to become more dependent on wind power in southwest Missouri. The company also serves far northeast Oklahoma and the Corporation Commission has regulatory jurisdiction over the company’s utility service. …
The debate is already underway among Oklahomans whether Scott Pruitt might still have a political future in the state now that he has resigned as Environmental Protection Agency Administrator following ethics scandals. Here is how the Associated Press considered whether Pruitt might have success once he leaves Washington, D.C. and returns to Oklahoma. Scott Pruitt’s …
Both Oklahoma and the U.S. reported increased oil and gas rig activity over the past week. Oklahoma’s count grew by one to reach 141 while nationally, the count increased b6 5 to reach 1,052 rigs. The national count included 5 more oil rigs to hit 863 while the number of gas drilling rigs remained at …
A review of earthquakes in Oklahoma in the past year shows their numbers are declining while the number of those quakes measuring 4.0 magnitude or greater are growing. The review by the Tulsa World showed there were at least six quakes magnitude 4.0 or greater midway through 2018. In 2017, the largest was a 4.6 …
The state of Texas has reached a $166,592 settlement with dozens of gas stations that charged $4 gas following Hurricane Harvey. It means customers who paid $3.99 per gallon or more can claim restitution from 48 gas stations including 42 in the Dallas-Fort Worth area. The settlements were reached by the state’s Consumer Protection Division …
Oklahoma City-based Ascent Resources has signed agreements to spend nearly $1.5 billion on natural gas and oil lease and mineral rights in Ohio’s Utica Shale field. The deal was signed with Hess Corp., CNX Resources, Utica Minerals Development and a fourth seller who was not named, according to a report in The Oklahoman. The company …
