Author: Naomi Klinge

The news comes after Marathon Oil announced it would lay off at least 500 workers from its Houston headquarters in the year following the deal’s close.

Fervo earned its final approval for a Utah project 18 months after it was allowed to begin drilling. Government changes could speed up future projects.

Phillips 66’s Los Angeles Refinery was originally intended to process crude produced in California, which has declined significantly since the early 1900s.

ConocoPhillips’ acquisition of Marathon Oil Corp. will result in hundreds of layoffs, but neither company’s headquarters will close.

Phillips 66 has incurred startup costs related to its new renewable diesel project but expects margins to improve in the fourth quarter and beyond.

Western Midstream’s general partner and its previous CEO, Michael Ure, agreed Ure would step down from his positions.

The Port of Houston Authority will use the funds to adopt low-emissions action plans across the port ecosystem.

Hiring a senior vice president of emergency preparedness and response is the penultimate post-Beryl initiative CenterPoint plans to complete in 2024.

Occidental is teaming up with another major Houston-based energy company to build CO2 pipelines for a project near the Houston Ship Channel.

Transocean is surpassing milestones as the Gulf of Mexico is becoming more in demand. The progress could even lead to a multibillion-dollar merger.