According to a survey conducted by Development Counsellors International (DCI) recently, China and Texas were selected as the most favorable country and state, respectively. More than half (53.2%) of the 281 U.S. corporate executives who responded to DCI's survey named China as the most favorable country for overseas business expansion. India was second (45.1%), followed by Mexico (30.1%), the United Kingdom (25.4 %) and Canada. Among those who named China as having a favorable business climate, the factors mentioned most frequently were; growing economy/business opportunities (53%), labor cost (41%), and low overall/operating costs (21%). When asked to select the most favorable business climates among the 50 states, respondents gave Texas (40.8%), North Carolina (30.4%), and Georgia (20.4%), the highest tally. Tennessee and Florida were tied for the fourth position (15.2%). Among those who named Texas as having a favorable business climate, the factors mentioned most frequently were; tax climate (31%), labor/workforce cost and availability (29%), and pro-business climate (26%). California, New York, Michigan, New Jersey and Massachusetts were selected as the five states with the least favorable business climates.
2023-11-09 - Sitio Royalties reported that it was selling its “lower-margin” assets in the Appalachia and Anadarko basins and also closed additional Permian Basin acquisitions.
2023-11-10 - As Civitas Resources concentrates on integrating three acquisitions from this year, an analyst said the Colorado E&P’s assimilations are going “swimmingly.”
2023-10-10 - Exxon Mobil scooping up Permian Basin giant Pioneer Natural Resources in a $60 billion deal could spur other megadeals across the U.S. oil patch, experts say.
2023-09-26 - Anadarko Basin E&P Mach Resources is planning an initial public offering, according to preliminary regulatory filings.
2023-11-09 - Despite having a permit in hand to build the Apex pipeline, Targa Resources is considering “multiple options” that may mean scrapping the project.