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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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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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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Exxon in deal to explore in northern Iraq

 

ANKARA, Turkey (AP) — Turkey says its state-run petroleum company has reached a deal with U.S. company Exxon Mobil to explore for oil in northern Iraq.

Prime Minister Recep Tayyip Erdogan said Tuesday that the deal was a "step toward exploring for oil" in Iraq's Kurdish region.

He said details of the deal would be revealed after his visit to the United States on Thursday.

Both the United States and the Iraqi central government oppose allowing Iraq's Kurdistan Regional Government to sign oil deals without Baghdad's approval. They fear that could threaten Iraq's unity and stability.

It was unclear whether Baghdad had approved Turkey's deal.

Turkey, which is eager to expand its energy supply, backs the Kurds' position that the Iraqi constitution gives its regions some power to sign oil and gas deals independently.


 

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