Hints and tips:
...Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government....
...The Exxon vote also galvanised the efforts of Republican politicians in Texas and other oil and coal-producing states who were already moving to punish banks and investment companies for signing up to net...
...The Oklahoma-based company operates more than 30,000 miles of pipelines, including the vast Transco system that ships shale gas from Texas to the east coast....
...He convinced a Houston jury that his client Pennzoil had been cheated after Texaco (by then a New York company) had “tortiously interfered” in Pennzoil’s signed deal to buy rival Getty Oil....
...Jamail had convinced a Houston jury that his client Pennzoil had been cheated after Texaco (by then a New York company) had “tortiously interfered” in Pennzoil’s signed deal to buy rival Getty Oil....
...When Icahn acquired CVR he was near the height of his powers after conducting bruising campaigns against corporate giants such as Texaco and Trans World Airlines....
...“We have never turned our back on Texas oil and gas companies,” said McCombe, noting that BlackRock is the single largest investor in the state’s oil and gas industry and has $290bn in Texas-based assets...
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...Alex Beeker, analyst at Wood Mackenzie, said Chevron’s purchase of Hess helped to diversify Chevron’s portfolio of oil assets, which until now have been very concentrated in the Permian Basin of Texas and...
...A flurry of big M&A deals in the late 1990s and early 2000s condensed control of US oil and gas production into the hands of fewer players as BP absorbed Amoco and Arco, Chevron swallowed Texaco and Exxon...
...Both deals are on a scale rarely seen since the megamergers of the late 1990s and early 2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — that formed the modern supermajors....
...Doing so could divide the company’s more than 43,000 employees, he reasons, many of whom work in progressive California or conservative Texas....
...The other is the Permian Basin — the vast oilfield that stretches across west Texas and New Mexico — where production increases have slowed amid constraints on fracking imposed by local authorities....
...When the oil crisis came along and markets tumbled, this group fell a lot more than most — over-loved, overpriced and open to profit-taking....
...Also joining the board are Kevin Howell, former head of NRG’s Texas business, Alex Pourbaix, former chief executive of Canadian oil group Cenovus Energy, and Marcie Zlotnik, co-founder of Texas retail electricity...
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
...Permian Basin shale play of west Texas and New Mexico....
...to pump more oil....
...The companies said on Tuesday they would form a joint venture to develop Stratos, a project under construction in west Texas that aims to extract carbon emissions from the atmosphere....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...But he has attracted new billionaires: Tim Mellon, a scion of the Mellon banking family who wants to “build the wall”, Texas oil titans Kelcy Warren and Tim Dunn, Trish Duggan, a Florida scientologist divorced...
...The UK Treasury and Bank of England are designing a “digital pound”, Google revealed plans on Monday to launch a chatbot to rival OpenAI’s popular ChatGPT, more than 11,000 residents of Nigeria’s oil-producing...
...oil major’s watch....
...Granholm has cheered on Occidental Petroleum’s plans to deploy direct air capture technology, which sucks CO₂ from the atmosphere to be stuffed underground, in the oilfields of west Texas....
...However, the Biden administration is under mounting pressure from climate activists not to grant permits for new long-term oil and gas projects they argue will lock in carbon emissions for decades to come...
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