News
Federal judge allows kids’ climate suit against U.S. government to continue
A lawsuit brought by a group of teenagers claiming the U.S. government has failed to adequately address climate change can move forward, an Oregon federal judge ruled Thursday. The federal government, along with trade groups...
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Dril-Quip completes acquisition of TIW
Offshore drilling equipment manufacturer Dril-Quip, Inc., has finished its purchase of TIW Corp. The acquisition was first announced in October with a price tag of $143 million. TIW Corp. was a 100-year-old company based in...
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Exxon VP calls climate change “serious risk” in Tweet
Two days after Donald Trump won the White House, Exxon Mobil vice president Suzanne McCarron made clear the oil giant’s position on climate change. In a tweet Thursday morning, she wrote, “The Paris agreement is...
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Market Currents: OPEC cut needed to balance oil market
It is national forget-me-not day, something it is impossible to do with OPEC amid an onslaught of monthly oil reports. Today’s bearish-tilted monthly report from the IEA is combining with a stronger dollar to send...
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Sunset Commission sidesteps controversial issues in final recommendations for Texas’ oil and gas regulator
A Texas legislative panel charged with periodic review of the state’s agencies on Thursday dropped all of its substantial, and controversial, changes for the Railroad Commission, the state’s oil and gas regulator. Instead, it will seek...
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