Houston’s Noble Energy, Inc. announced that its Board of Directors has declared a quarterly cash dividend of 12 cents per common share payable on August 19, 2019, to the shareholders of record at the close of business on August 5, 2019. Noble Energy is an independent oil and natural gas exploration and production company committed to …
Tulsa’s NGL Energy Partners LP announced this week that the Board of Directors of its general partner declared a quarter distribution of 39 cents a share. It figured to be $1.56 per unit on an annualized basis. The company stated that the distribution,for the quarter ended June 30, 2010 will be payable on Aug. 14 …
While federal tax subsidies for the electric vehicle industry might be in trouble with a top Senate committee, there is growing support for subsidies related to the industry. POLITICO’s Morning Energy Report indicated the support might come out of a bill being shaped by Republicans and Democrats. The top Republican and Democrat on the …
The use of coal for energy in Texas is on the decline—this from the state that is the nation’s largest consumer of coal. It’s been overtaken by the wind industry. As E and E News reported this week, wind generated more electricity than coal did in the first six months of the year. Click …
The Austin, Texas suburb of Kyle has been sued in federal court by Houston pipeline operator Kinder Morgan because of an ordinance the company says is meant to keep a proposed natural gas pipeline out of town. The 22-page lawsuit was filed this week in U.S. District Court in Austin and accused the Kyle …
Alleged oil thefts from Indian reservations in Oklahoma played a big role in the political power and growth of the Koch brothers, according to a new story by business reporter Christopher Leonard. Oklahoma was at the heart of the story from the 1989 U.S. Senate investigation to the political power wielded by the brothers …
Halliburton reports its second quarter 2019 net income totaled $75 million or 9 cents a diluted share. It compared to net income of $152 million in the first quarter of the year and 17 cents a share. However, adjusted net income for the second quarter was far better than the first quarter as …
Tulsa’s NGL Energy Partners LP will issue its fiscal first quarter financial results on Aug. 8, 2019. The quarter ended June 30 and the results will be made known before the opening of markets on that Thursday. Members of the company’s management team also will host an earnings call following the release at 10 a.m. …
Despite the claims of environmentalists that environmental conditions are not improving in the nation, the Environmental Protection Agency says otherwise. In a new report, it states that air conditions are improving. The same report also states that the Wichita Mountains in Southern Oklahoma, once a concern because of growing regional haze issues caused by coal-fired …
Ten completion reports were filed this week by Oklahoma City-based Chaparral Energy—5 each in Canadian and Garfield counties. Its best venture proved to be two wells drilled on the same pad located about a mile west of Yukon’s C.E. Page Airport located south of Interstate 40. Drilled at 28 12N 6W, the Andres 1206 wells …