Analyst: Oxy, Icahn deal falls in the middle ground
“I think both realized that maybe they’re not going to get 100 percent of what they wanted.”
Read More
Building "Bridges" Across the Bayou City!
“I think both realized that maybe they’re not going to get 100 percent of what they wanted.”
Read MoreHouston-based Parker Drilling Co. has finally appointed a new CEO after going without one for nearly the entire first quarter.
Sandy Esslemont has taken up the top executive mantle, filling a vacancy left when the former CEO Gary Rich retired at the e…
Read MoreThe energy sector is among the industries exempt from Harris County’s “stay home, work safe” order.
Read MoreCalifornia-based Chevron Corp. (NYSE: CVX), whose upstream arm is based in Houston, has joined a growing list of oil and gas producers that have announced multibillion-dollar cuts for the year.
Chevron is shedding 20 percent of its capital expenditure…
Read MoreThe Netherlands-based Royal Dutch Shell PLC (NYSE: RDS) slashed at its spending plans for 2020, joining a growing list of oil and gas producers who have announced multibillion-dollar capital expenditure cuts for the year.
The company is now targeting …
Read MoreFrance-based Total SA (NYSE: TOT) has joined the ranks of many other upstream companies in cutting its spending plans for 2020 to better fit the realities of the market. Total’s U.S. headquarters is in Houston.
The company now plans to spend less than…
Read MoreHouston-based Apache Corp. is planning a round of layoffs in Midland, Texas.
The oil and gas exploration and production company filed a Worker Adjustment and Retraining Notification Act letter with the state saying that Apache plans to conduct a “mass…
Read MoreThe company has been working toward this for months.
Read MoreHouston’s energy companies are being rocked by plunging demand amid the COVID-19 pandemic on one side and supply shocks as OPEC countries gear up to produce more oil on the other. But some subsectors are better off than others.
Read MoreBoth sets of compensation rose, but the CEO’s rose by proportionally more than his median employee’s.
Read More