TULSA, Okla.–(BUSINESS WIRE)–The Williams Companies, Inc. (NYSE: WMB) (“Williams” or the “Company”) today announced that its Board of Directors has appointed three new independent directors to the Board, effectively immediately: Stephen W. Bergstrom, Scott D. Sheffield and William H. Spence. The three new directors will stand for election at the Company’s 2016 Annual Meeting of …
More than 15 percent of the stock of Phillips 66 is now owned by Warren Buffett’s company after it purchased another 414,065 shares in recent days. Berkshire Hathaway, based in Omaha, Nebraska now owns about 79.5 million shares of the company that was founded in Bartlesville. The 79.5 million is 15.2 percent of the Houston-based …
September 1 is the deadline for Bakken region “man camps” to shut down in Williston, North Dakota. The Williston City Commission gave final approval to an ordinance eliminating the temporary camps for oilfield workers. Operators can seek permission to reopen the man camps if the oil and gas industry goes full throttle again. Many of …
An Oklahoma City shopping mall and high-end retail tenant are experiencing the indirect effect of the oil and gas industry’s economic downturn. Iowa luxury retailer, Von Maur, opened its 30th store in Quail Springs Mall in October 2014. The 155,000 square foot store is the fourth anchor at the mall. Von Maur offers upscale brand-name …
Oil futures managed to hold on to a slight gain on Friday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude rose 31 cents, or 0.7%, to settle at $47.64 a barrel. For the week, prices lost about 3% following gains over the last three weeks. On London’s ICE …
The number Canadian rigs surged dramatically while the U.S. rig count fell by two this week, according to the Baker Hughes rig count released on Friday. Canada garnered the most activity this week, adding 25 rigs for a total of 146. Canada is down 50 rigs when compared with data from a year ago. The …
Creek County WILSON #5, August 26 2016 10 18N 10E CSWNENW API: 03705440 Lat: 36.058460384081506, Long: -96.2383179933764 RIVENDELL GROUP LLC SH, RC, 2400 ft, RED FORK(1950) Creek County BLEVINS #1, August 26 2016 04 18N 10E CSESENE API: 03728568 Lat: 36.06935283352288, Long: -96.24501913818496 RIVENDELL GROUP LLC SH, RC, 2642 ft, PRUE(1789) Grady County GENE CARROLL …
The Williams Companies Inc. announced Friday that it will purchase 6.975 million common units from Williams Partners L.P. for approximately $250 million. The price per common unit of $35.84 is equal to the average of the high and low trading prices of the Partnership’s common units on the New York Stock Exchange for each of …
The Federal Trade Commission on Thursday approved electric car manufacturer Tesla Motors, Inc.’s bid to purchase SolarCity Corp. for $2.6 billion. The FTC fast-tracked the deal “because the merging companies have few or no overlaps.” Elon Musk, Tesla’s CEO, said in July that merging Tesla with SolarCity would create the “world’s only vertically integrated sustainable …
Several dozen Norman citizens attended a Wednesday night Board of Adjustment meeting in the city council chambers to voice their concern over a proposed oil pipeline, according to a report by Grant Hermes of News 9. The Red River Pipeline would stretch 350 miles from Longview, Texas to Cushing, Oklahoma. A portion of the line …
