Author: Naomi Klinge

The FTC’s decision to ban Pioneer founder Scott Sheffield from joining Exxon Mobil’s board has spiraled into more investigations of energy companies.

After the sudden derecho storm that hit Houston May 16, the threat of hurricane season is all too clear to businesses.

At Spring-based Exxon Mobil Corp.’s (NYSE: XOM) annual shareholder meeting on May 29, all of the company’s current independent directors on its board won majority votes of approval.

The era of massive consolidation is far from over with another acquisition valued at more than $20 billion.

Port Houston has outlined new user fees to help fund Project 11, the massive undertaking to deepen and widen the Houston Ship Channel.

Houston-based TPC Group Inc. will have to spend more than $110 million on fines, penalties and improvements related to 2019 explosions.

Diamondback Energy’s acquisition of Endeavor Energy Resources is expected to close in Q4 2024, but the latter has just completed another deal.

The deal comes as Pinnacle plans to double its natural gas processing capacity and Phillips 66 looks to reconfigure its midstream business.

APA Corp., the parent company of Apache Corp., will sell some of its non-core assets a month after acquiring Callon Petroleum Corp. for $4.5 billion.

The companies said NextDecade’s Rio Grande LNG is ADNOC’s first strategic investment in the U.S. as it looks to expand its low-emission LNG portfolio.