A fourth quarter cash distribution has been announced by Tulsa’s Cypress Energy Partners, L.P. The company declared a cash distribution of $0.21 per limited partner unit, an amount unchanged from the third quarter of 2017. It will be payable Feb. 14, 2018 to all unitholders of record on Feb. 7, 2018. Cypress is a company …
Holly Energy Partners, L.P., the Dallas company with refining and pipeline operations in Oklahoma declared a cash distribution of 65 cents for the fourth quarter of 2017. The company said the distribution compares to the 60 cents distributed in the fourth quarter of 2016. Holly Energy has increased its distribution to unitholders every quarter since …
The Oklahoma City-based Love’s Travel Stops company announced this week it intends to open more than 40 new stores this year. The first to be opened is in Alma, Arkansas located at 8060 State Route 282 which is at exit 24 of Interstate 49. It is the company’s third location along the 500-mile stretch …
Oklahoma Attorney General Mike Hunter is asking federal regulators to pass along new corporate tax savings to utility customers. In a Jan. 19 letter to the Federal Energy Regulatory Commission, Hunter urged the commission law to make sure corporate tax savings from the new law result in utility savings for customers. The corporate income tax …
World-wide operator Baker Hughes, now a GE company confirms it will close its operations in south Oklahoma as the firm pushes ahead with its merger that was announced last year. The firm’s artificial lift systems operation will be closed but it’s unclear how many jobs will be affected. Some positions from the former GE facility …
While energy groups have come out in support of the tax-hike proposals from the civic and business group called Step Up Oklahoma, at least two GOP gubernatorial candidates are against them. Former US Attorney Gary Richardson of Tulsa and Kevin Stitt, a Tulsa businessman are against what Step Up has proposed, according to a Thursday …
The latest drilling permits issued by the Oklahoma Corporation Commission revealing extensive drilling interest in several counties including eleven permits granted for Blaine County, one of three counties that make up the STACK play. Eleven were also granted to companies drilling in Kingfisher County, another of the STACK counties. As shown in the Permits to …
“I think the record shows – certainly in the last few years – we’ve been one of the safest companies in the industry.” Patterson-UTI spokesman after Quinton explosion. This week’s deadly gas rig blast near Quinton that killed 5 workers is being described as the nation’s deadliest oil and gas accident since the Deepwater …
A $150 million gas processing plant will be built in North Dakota’s Bakken by Houston’s Hess Midstream Partners LP and Targa Resources Corporation also based in Houston, Texas. Targa has extensive operations in Oklahoma. The new plant will be able to handle 200 million standard cubic feet of gas a day. It will be called …
A new survey by AAA says American drivers are beginning to embrace self-driving vehicles. The Oklahoma offices of AAA released the survey results showing 63 percent of U.S. drives report feeling afraid to ride in a fully self-driving vehicle. That’s down from 78 percent reported in early 2017. In 2016, a survey of Oklahoma drivers …
