Archives for August 2016
Exxon’s climate fight with ‘green’ states heats up in court
Exxon Mobil’s battle with New York and Massachusetts over their probes into the company’s use of climate change data is heating up, and a key element of the national dispute is now in the hands of a...
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Oil services firms face $110B in debt — and the bill is coming due
HOUSTON – Oil equipment companies have a lot riding on the sputtering market recovery. During the next five years, they’ll have to pay off about $110 billion in maturing debt. So unless energy prices and drilling...
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Texas Railroad Commission to consider trimming oil and gas rules
A Texas oil and gas commissioner is proposing a series of rule changes she says will help oil companies more easily navigate the state bureaucracy, potentially saving them money during the current downturn. Texas Railroad...
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Market Currents: No oil…but Mexico importing more U.S. gasoline
As the latest inventory report comes back into focus, and as OPEC murmurs and rumors persist, oil prices are rallying once more – further aided by a pinch of dollar weakness. Hark, here are five...
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Chevron wins ruling blocking $8.6 billion order in Ecuador fight
Chevron Corp. won a victory in its long-running battle against Ecuadoreans and the zealous American lawyer who represented them, as an appeals court barred the attorney from enforcing in the U.S. an $8.6 billion award...
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