The board of directors of Phillips 66 has declared a quarterly dividend of 80 cents per share on Phillips 66 common stock. The dividend is payable on March 1, 2019, to shareholders of record as of the close of business on Feb. 19, 2019.
Water Board seeks projects for water control in Oklahoma
The Oklahoma Water Resources Board has put out a call for groups and towns that might want help in funding wastewater projects and those for pollution control. The Board is attempting to create what it calls the Clean Water State Revolving Fund State Fiscal Year 2020 Project Priority List. “As part of the CWSRF’s …
Increased gross production tax reflects slumping oil prices
State Treasurer Randy McDaniel reports Oklahoma’s monthly Gross Receipts to the treasury are continuing to grow but also show the signs of an impact from lower energy prices. Gross production taxes on crude oil and natural gas were remitted last month but are from the November 2018 oil field production. He said they came at …
Congresswoman downplays Trump’s state of the union address
Oklahoma Congresswoman Kendra Horn indicated she didn’t think much of President Trump’s state of the union address. But she indicated her role in the nation’s energy sector will be important for Oklahomans. “With my appointments to the powerful House Armed Services Committee and influential Science, Space, and Technology Committee, and as chair of the Subcommittee …
Oil and gas leader applaud’s President’s recognition of energy sector
The head of the OIPA-OKOGA said in response to President Trump’s State of the Union message that it shows policymakers in Oklahoma and in Washington, D.C. must do everything in their power to create a stable and effective business environment. President Chad Warmington issued a statement after President Trump recognized the oil and gas industry …
Tulsa manufacturing firm expands to create 100 new jobs
A Tulsa manufacturing business is investing at least $5 million and adding about 100 jobs over the next two years. The Tulsa World reported that MST Manufacturing recently moved into a six-acre complex at 2205 E. L. Anderson Blvd. The company, whose footprint will encompass three buildings totaling about 52,000 square feet, employs CNC (computer …
Environmental activists arrested in Minnesota
Four environmental activists who attempted to shut down an Enbridge pipeline near Grand Rapids, Minnesota on Monday ended up in handcuffs. One of the four was Allyson Polman of Denton, Texas. The four called themselves the “Four Necessity Valve Turners” and are connected with the Catholic Worker movement. They stated their actions were necessary to address …
Lawsuit over lost truck moved to OKC federal court
A breach of contract lawsuit filed by Cross Oil Co. of Kay County against Rush Truck Centers of Tulsa has been transferred from Tulsa federal court to the Western District in Oklahoma City. Judge John E. Dowdell made the ruling at the request of Cross Oil. Cross filed suit over work performed on one of …
Enable Midstream announces cornerstone shipper on its Gulf Run Pipeline project
Oklahoma City’s Enable Midstream Partners, LP announced that an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project. Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil. Earlier, Golden Pass announced it had made a positive final investment decision on a $10 billion infrastructure …
Dems hold House hearing on Ocean Health
Washington, D.C. – The Water, Oceans, and Wildlife Subcommittee will hold a hearing on Thurs., Feb. 7, at 2:00 p.m. Eastern time in Longworth 1324 on climate change and ocean health. A full witness list is available below. As with all Committee hearings, the event is open to press and the public. Thursday’s hearing is …