natural gas news-Demand of major markets continues to grow

Oklahoma City-based Basin Environmental & Safety Technologies has opened a new office in Tulsa and hired Jason Voskuhl as the Tulsa office manager and as vice president of engineering and environmental compliance programs.

Voskuhl has 20 years of experience in environmental compliance, with strengths in oil and gas, aviation, real estate, technology and regulatory analysis. He will focus on developing the new Tulsa office by supporting the local and regional businesses of Oklahoma and surrounding states, the company said.

Basin is a Native American-owned small business that provides environmental, safety and health services.

Williams Partners to upgrade northwest pipeline

TULSA — Williams Partners LP’s Northwest Pipeline has filed an application with the Federal Energy Regulatory Commission seeking authorization for its North Seattle Lateral Upgrade project in south Snohomish County, Washington.

Northwest has executed firm agreements with Puget Sound Energy (PSE) for the project to expand the delivery capabilities of Northwest Pipeline’s North Seattle Lateral, which serves PSE customers. PSE operates Washington’s largest natural gas distribution system serving nearly 800,000 gas customers in six counties.

Construction-related activities are scheduled to begin in the second quarter of 2019 and are expected complete in the fourth quarter of 2019.

“Demand for natural gas in the North Seattle region and other major markets continues to grow as customers recognize its value as a clean, affordable and abundant energy source,” said Walter Bennett, senior vice president of Williams Partners’ West operating area. “The North Seattle Lateral Upgrade project will add important energy infrastructure necessary to meet the region’s growing demand for natural gas.”

ONEOK announces management personnel change

TULSA — Stephen W. Lake will retire as senior vice president, general counsel and assistant secretary at Tulsa-based ONEOK Inc., effective July 21, the company said.

Lake will be succeeded by Stephen B. Allen, who has been the company’s vice president and associate general council.

Allen was a shareholder at GableGotwals before joining ONEOK in 2006. He is chairman of the Oklahoma Baptist University Board of Trustees and is a board member of the Oklahoma Water Resources Board. Allen earned a Bachelor of Arts degree in political science from OBU and a Juris Doctorate from Vanderbilt University School of Law.

“We wish Steve well in his pursuit of new opportunities and thank him for his many contributions during his time at ONEOK,” ONEOK CEO Terry K. Spencer said. “But most importantly, we thank him for the high integrity and professionalism he demonstrated each and every day.”

“This new role is a reflection of Steve Allen’s excellent leadership, extensive knowledge of our businesses, outstanding performance and nearly 20 years of legal experience.”

Matrix Service has new directors on board

TULSA — John D. Chandler and Martha Z. Carnes have been named directors at Tulsa-base Matrix Service Co. The new directors will succeed Michael J. Hall and I. Edgar (Ed) Hendrix, who both are retiring as Matrix directors.

Hall has been a Matrix director for 19 years, and Hendrix has served on the board for 17 years.

Chandler most recently served as the chief financial officer and treasurer of Magellan GP LLC, the general partner of Tulsa-based Magellan Midstream Partners LP. His earlier career also included leadership positions at Williams Cos. Inc. and MAPCO Inc.

Carnes retired from PricewaterhouseCoopers in June 2016 after a 34-year career with the firm, where she served as an assurance partner for large, publicly traded energy companies. During her time at the firm, she served as managing partner of the Houston office, energy and mining leader in the United States, a risk management partner and U.S. representatives on the firm’s global communities board.

“We are pleased to welcome John and Martha to the board and look forward to the extensive and diverse leadership and expertise they bring to Matrix,” Matrix CEO John R. Hewitt said. “We are confident they will add great value to our board and look forward to their contributions as we continue to execute our strategy for growth and greater long-term value.”

Laredo Petroleum is selling Medallion Gathering

Laredo Petroleum Inc. has begun a process of selling its 100 percent ownership interests in Medallion Gathering & Processing LLC, which is the sole owner of the Medallion-Midland Basin pipeline system.


Blueknight Energy Partners LP

Directors at Blueknight Energy Partners LP’s general partner have declared a quarterly cash distribution of 14.5 cents per common unit and 17.875 cents per preferred unit. Both distributions are payable Aug. 14 to unitholders as of Aug. 4.

“The board’s decision to maintain our distributions reflects what we believe is another solid quarter,” CEO Mark Hurley said. “We look forward to discussing our results on Aug. 2.”

Magellan Midstream Partners LP

Magellan Midstream Partners LP directors have declared a quarterly distribution of 89 cents per unit, payable Aug. 14 to unitholders as of July 31. The payout is 2 percent higher than the payout of 87.25 cents in the first quarter and 9 percent higher than one year ago.

The EnLink Midstream companies

The EnLink Midstream Partners LP has declared a quarterly distribution of 39 cents per common unit, payable Aug. 11 to unitholders as of Aug. 1. General Partner EnLink Midstream LLC said it will pay a quarterly distribution of 25.5 cents per common unit, payable Aug. 14 to unitholders as of Aug. 1.



The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.