May 21, 2017 archive

WTI and Brent Crude Surge Over $50 a Barrel on Friday

Crude oil futures made an abrupt departure from losses, breaking the $50 a barrel benchmark and reaching their highest levels in a month, according to Bloomberg MarketWatch. June West Texas Intermediate crude¬†added 98 cents, or 2%, to settle at $50.33 a barrel on the New York Mercantile Exchange. The settlement was the highest in over …

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New Chairman Named at Williams Companies in Tulsa

A new chairman of the Board has been named at The Williams Companies, Inc. ¬†Stephen W. Bergstrom was elected to replace Dr. Kathleen B. Cooper who will become Chair of the Board’s Nominating and Governance Committee. Cooper has been on the Williams Board since 2006. Bergstrom joined the Williams Board in August of 2016 and …

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$5 million EPA Grant to Help Quapaw Tribe with Tar Creek Cleanup

A $5 million grant has been made by the U.S. Environmental Protection Agency to help the Quapaw Tribe of Oklahoma in its continued cleanup of the Tar Creek Superfund site in northeast Oklahoma. The grant actually totaled $4,896,088 and the money will be used in continuing the remediation of contaminated soils from tribal lands. “I …

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Expanded Lateral Drilling Bill Wins Senate Support

The bill allowing multiunit drilling in all rock formations in the state, one supported by the Oklahoma Independent Petroleum Association won approval Saturday in the State Senate. Senate Bill 867, approved by the House of Representatives Joint Committee on Appropriations and Budget Committee on Friday won support in the Senate on a 26-19 vote. It …

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