Monday, June 2, 2025

Judge Throws Out Calif. Cities’ Climate Change Suits against Five Oil Producers

Northern California U.S. District Judge William Alsup has dismissed the climate change lawsuits filed against BP (NYSE: BP), Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Exxon Mobil (NYSE: XOM), and Shell (NYSE: RDS.A)  by the cities of San Francisco and Oakland. The lawsuits were filed last September against the five big oil companies alleging that the carbon emissions from their fossil

U.S. Steel Import Tariffs and the U.S. Energy Industry: the Dominoes are Starting to Wobble

Cactus II and Gulf Coast Express are feeling the winds of the U.S. steel tariffs squall Inability to source specialty imported steel overseas for new Permian pipelines may delay two large takeaway projects, could negatively affect Midland price differential and result in oil companies delaying wells until takeaway is in place—will U.S. tariffs end up delaying revenue for E&Ps? “You