Vicente Fox: $43 oil prices will not deter Mexico's energy reforms

Former Mexican President Vicente Fox visited San Antonio on Monday, where he said $43 oil prices will not deter energy reforms south of the border.

Fox spoke at a luncheon hosted by the Mexican Business Leader’s Association at the historic Pearl Brewery Stables.

The former president promoted the upcoming CITEK Forum, a manufacturing and energy summit sponsored by his nonprofit organization, Centro Fox.

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Mexico recently opened its energy…

Severance tax methodology unfair to producers, critics say

Some business leaders and the natural gas industry are calling into question the way the proposed severance tax would be calculated.

The problem, says the Pennsylvania Chamber of Business and Industry and the Associated Petroleum Industries of Pennsylvania, is that the proposal sets floor values for natural gas and gas liquids. And those floors, as of the moment, are above current market prices, according to the organizations. As a result, some producers could wind up being taxed at rate higher…

Here's what it'll take to get the energy sector to tackle cybersecurity

Cybersecurity within energy companies and the nation’s energy infrastructure has continually grown as a chief topic of concern, but legal experts say it may literally take an act of Congress to properly address the ongoing risks.

The lack of information sharing between energy different companies— as well as with the government — on issues of cybersecurity is a big problem because companies are afraid to lose competitive advantages and divulge secrets.

But federal legislation is needed to give…

Hopworks is first NW brewery to land B Corp. status

Portland’s Hopworks Urban Brewery is the 47th Oregon firm to earn Certified B Corporation status for its sustainable business practice.

More than 1,000 companies worldwide have earned the coveted “B Corporation” status, including dozens in Oregon. Hopworks is the first brewery in the Pacific Northwest to become a B Corporation and the seventh in the world.

The designation recognizes companies that use the “power of business to solve social and environmental problems.”

Hopworks uses USDA Certified…

Babcock & Wilcox discloses full slate of execs for spinoff

The Babcock & Wilcox Co. has listed the full slate of executives for the spinoff Babcock & Wilcox Enterprises Inc. in its first formal Securities and Exchange Commission filing on the coming division of the company.

Other than the new executives, the filing leaves several questions unanswered. The timing of the spinoff, as well as the number of shares that will created in the new company for distribution to B&W’s shareholders, remain blanks to be filled in later.

One small bit of new information…