Building "Bridges" Across the Bayou City!
Oil and gas companies are facing a harsh operating environment, and bankruptcy courts saw the evidence of that in 2019. At the same time, private equity firms stepped into the gaps created by a recession of interest in oil and gas companies by banks an…
Read More“I wouldn’t say I’m anticipating an increased pace in the number of bankruptcies in 2020, but I would anticipate a similar pace.”
Read MoreHouston-based Key Energy Services Inc. and lenders have reached a restructuring support agreement that aims to reduce the company’s long-term debt by about 80 percent.
The RSA was reached with lenders that hold over 99.5 percent of the principal amoun…
Read More“The oil and gas business is in pretty dire straits right now,” the new chairman said. “Companies are struggling to survive.”
Read MoreTudor took over the GHP chair role from H-E-B’s Scott McClelland.
Read MoreTop Energy/Tech CEO and Private Equity Investor, Solomon Ali, Launches the MBA: Minority Business Access Podcast
Read MoreCrude oil prices are expected to trend downward in the first part of this year, lending no reprieve to companies whose business plans depended on higher commodity prices. At the same time, the oil and gas rig count bounced off of its lowest point since…
Read MoreOne of Houston’s largest energy engineering firms had a busy 2019.
Houston-based S&B Engineers and Constructors Ltd. hired nearly 4,000 employees in the Houston area over the past 12 months. That is a 96 percent increase from 3,978 employees in Januar…
Read MoreOn Wednesday’s Houston Matters: Local groups are urging Gov. Greg Abbott to reconsider his recent decision that the state won’t take in refugees. We find out how the move is affecting local agencies that help refugees. Also this hour: Local experts dis…
Read MoreThe company is in default, but its agreement with creditors prohibits them from taking action before Jan. 31.
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