The U.S. Court of Appeals for the District of Columbia Circuit ruled against Oklahoma Gas & Electric and other Southwest Power Pool utilities in a ruling that allows competitive bidding for transmission projects, according to a report published in The Oklahoman. The three-judge panel issued its decision on July 1 after oral arguments on May 4. The …
July 10, 2016 archive
WTI, Brent Settle Higher on Friday, Lower for the Week
Oil futures ended slightly higher on Friday, while crude experienced its largest weekly loss since early February, according to a Bloomberg MarketWatch report. On the New York Mercantile Exchange, August West Texas Intermediate crude rose 27 cents, or 0.6%, to end trading at $45.41 a barrel. Prices fell 7.3% overall for the week. On London’s …
DCP Midstream Closes Tulsa Office as Part of Corporate Restructuring Efforts
Denver-based DCP Midstream LLC, the midstream segment’s largest natural gas processor, confirmed that it has closed its Tulsa office, according to a news report published by The Tulsa World on Saturday. Jerry Barnhill, a senior vice president for the midstream company, said shutting down the Tulsa office affected about 100 employees. Barnhill said the closure …
Williams Announces Date for 2016 Annual Meeting
The Williams Companies, Inc. announced that its 2016 Annual Meeting of Stockholders will be held on Wednesday, November 23, 2016. Stockholders of record at the close of business on October 7, 2016 will be entitled to vote at the Annual Meeting, according to the company’s press release issued on Friday. Stockholder proposals must be submitted …