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Quarterly cash dividend declared by Noble Energy
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 …
NGL announces quarterly distribution
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 …
Senate committee wrestles with EV subsidies
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 …
Solar power in Oklahoma to be studied by Senate committee
It would appear that only one interim study on energy will be handled in the Oklahoma Senate before the start of the 2020 legislative session. The list of 72 interim studies was released by the Senate President Pro Tempore’s Office on Tuesday. Education, health care and mental health services, criminal justice policies, and retirement issues …
Wind surpasses coal for electricity in Texas
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 …
Kinder Morgan sues Texas city over anti-gas pipeline ordinance
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 …
Writer says oil thefts in Oklahoma helped develop power of Kochs
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 CEO calls 2Q earnings “outstanding”
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 …
NGL to release earnings report
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. …
Regional haze improves around Wichita Mountains Wildlife Refuge
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 …