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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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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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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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Oil rises to near $105 on demand prospects

The Associated Press

Oil rose to near $105 a barrel Tuesday on expectations for rising demand as the global economy strengthens.

Benchmark U.S. oil for July delivery was up 37 cents to $104.78 a barrel at 0750 GMT in electronic trading on the New York Mercantile Exchange. It soared $1.75 to close at $104.41 on Monday and is now at its highest since early April.

Recent economic indicators that suggest stronger global growth include Japan raising its January-March GDP number, a fourth month of solid hiring in the U.S. and China's export growth accelerating in May.

Adding to upward pressure on oil prices are talks on the Ukraine crisis, which started Sunday in Kiev between Ukraine, Russia, and the Organization for Security and Cooperation in Europe. The talks were expected to continue daily, but there is no sign so far of an immediate resolution.

Brent crude, a benchmark for international oils, inched up 1 cent to $109.16 a barrel in London.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.4 cent to $2.988 a gallon.

— Natural gas fell 0.2 cent to $2.893 per 1,000 cubic feet.

— Heating oil added 0.2 cent to $2.893 a gallon.

 

 

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