The heart of the U.S. oil industry, Houston, should be ready to position itself as a leader in the energy transition as climate change concerns will change the industry over the next years, Bobby Tudor, chairman of Tudor, Pickering, Holt & Co, said at the annual meeting of the Greater Houston Partnership civic group. Tudor, Pickering, Holt & Co has been one of the main financiers to the oil and gas industry in Houston. “The Energy Industry has been very, very good to Houston,” Bobby Tudor said in his speech. Currently, around 4,600 energy companies are located in Greater Houston, and the industry directly employs 250,000 workers and many more people are indirectly employed by the oil and gas sector, the banker said. “Oil and Gas production and consumption are not disappearing anytime soon,” Tudor said, but was quick to note that the oil and gas industry is “not […]