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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Oil rises on industry data showing stockpile fall


The Associated Press

The price of oil rose Wednesday after industry data showed a decline in U.S. supplies.

Benchmark U.S. crude for June delivery was up 59 cents at $100.09 a barrel at 0605 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 2 cents to close Tuesday at $99.50.

Brent crude, a benchmark for international varieties of oil, rose 22 cents to $107.28 on the ICE exchange in London.

American Petroleum Institute data on Tuesday showed a decline in U.S. crude stocks for last week, which might reflect increased demand.

Traders are now looking to Energy Department figures on U.S. crude stockpiles, due later Wednesday, to confirm or debunk the API data.

The data for the week ending May 2 is expected to show an increase of 1.3 million barrels in crude oil stocks and a draw of 900,000 barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Tension between Russia and Western nations over the fate of Ukraine's restive eastern regions has kept upward pressure on prices in recent weeks.

In other energy futures trading on Nymex:

— Wholesale gasoline dropped 0.8 cent to $2.878 a gallon.

— Heating oil added 0.6 cent to $2.894 a gallon

— Natural gas slipped 1.4 cents to $4.785 per 1,000 cubic feet.

 

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