Archives for July 2019
Language edges custom in Texas Supreme Court case
AUSTIN – The Texas Supreme Court continued its deference to the plain language in a contract, but only by a narrow majority, as it rejected a $27.7 million verdict in a dispute involving an oil...
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Oil set for weekly decline as economic woes eclipse OPEC curbs
Oil is set for the biggest weekly decline since May as global demand concerns outweighed an OPEC+ pact to extend supply curbs into 2020 and worries that a renewed confrontation with Iran may threaten supplies....
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Saudi Arabia, Kuwait make breakthrough in neutral zone talks
Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough in recent talks, according to people familiar with the...
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Rig count falls as New Mexico surpasses Oklahoma in drilling activity
The U.S. rig count continued its slump this week led by the loss of active drilling rigs in Oklahoma and the Gulf of Mexico. Source: FuelFix
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Dems, GOP weigh clean energy bills
A raft of legislation expanding research into U.S. clean energy technology is moving through the senate, as Democrats and Republicans seek to find common ground in addressing climate change. Source: FuelFix
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