BlackRock Gets Glimmer of Hope It Could Escape Texas Blacklist

Dan Patrick, lieutenant governor of Texas, left, and Larry Fink, chairman and chief executive officer of BlackRock Inc., at the Texas Power Grid Investment Summit in Houston, Texas, US, on Tuesday, Feb. 6, 2024.Photographer: Callaghan O’Hare/Bloomberg

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By Amanda Albright and Shelly Hagan

April 11, 2024 at 7:33 PM UTC

This article is for subscribers only.

Texas Lieutenant Governor Dan Patrick offered a sliver of hope to BlackRock Inc. that it may be eventually removed from the state’s list of oil boycotters.

The move came Thursday when Patrick laid out his wish-list for the state’s senate to study ahead of the 2025 legislative session.