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Texas bill could give landowners more say in eminent domain negotiations


Eminent domain always a contentious issue in Texas became a political flashpoint in recent years due to Kinder Morgan s 423-mile Permian Highway Pipeline that runs through the Texas Hill Country.
Credit:
The Texas Legislature approved a bill early Thursday
that will revise eminent domain negotiations between landowners and companies such as railroads, pipeline and utility companies that are seeking to condemn land, requiring that landowners be given the terms of the contract up front, as well as more information about the eminent domain process.
After six years of heated negotiations between groups that represent landowners and the groups that represent big pipeline, utility, railroad, and oil and gas companies, the Legislature passed a limited version of a bill that failed in 2019. ....

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ONEOK Announces Retirement of President and CEO Terry Spencer


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TULSA, Okla., May 25, 2021 /PRNewswire/  ONEOK, Inc. (NYSE:OKE) president and chief executive officer, Terry K. Spencer, announced today that he will retire on September 30, 2021, after 20 years with the company, including more than seven years as president and CEO. 
Pierce H. Norton II, currently president and chief executive officer of ONE Gas, Inc. (NYSE:OGS) will succeed Spencer as president and CEO of ONEOK on June 28, 2021, at which time he will also join the ONEOK Board. Spencer will remain in his current role until Norton rejoins ONEOK, at which time he will become an Advisor to Norton, allowing for a smooth leadership transition. Spencer will continue as a member of the ONEOK board of directors until his retirement.  ....

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