Texas has added British bank NatWest to its list of financial institutions that boycott the energy industry, meaning any business NatWest may have with state agencies would be affected. The reason NatWest joined the list was a plan by the bank to stop financing oil and gas projects, a spokesperson for Texas Comptroller Glenn Hager told Reuters. Per that policy, beginning in 2026, NatWest would “not renew, refinance or extend existing reserve-based lending specifically for the purpose of financing oil and gas exploration, extraction and production.”…
