Wednesday, August 12, 2026

A Texas Twist in New York AG’s Oil Probe

From the Albany Times Union ExxonMobil asks Fort Worth federal court to block New York inquiry Facing pressure from state Attorney General Eric Schneiderman to reveal whether multi-trillion dollar oil reserves could be at risk under climate change regulations, energy giant ExxonMobil wants a Texas federal court to block his probe. In legal papers filed Monday in federal court in Fort Worth, Texas, Exxon

Denbury’s Borrowing Base Reaffirmed at $1.05 Billion

Denbury Resources (ticker: DNR) announced that it has completed its fall 2016 semi-annual borrowing base redetermination under its revolving credit facility, and the syndicate of banks has reaffirmed the previously existing borrowing base of $1.05 billion, the same amount committed by the banks to loan under the facility. $260 million of borrowings were outstanding under the facility at September 30, 2016. There were