Oil producers say Hurricane Harvey’s impact won’t last long
For the most part, Texas oil executives aren't too worried about the long-term impacts of Hurricane Harvey, a new survey shows.
houston
Oil worker’s family faces months in hotel after Hurricane Harvey
A Highland family that moved to the US has been living in a hotel ever since filthy, surging flood waters destroyed their home.
Valero ‘significantly underestimated’ benzene leak at Houston refinery
Valero Energy "significantly underestimated" the amount of cancer-causing benzene and other volatile compounds leaked from its Houston refinery during Hurricane Harvey's torrential rains, the U.S. Environmental Protection Agency has said.
Flooded chemical plant poised to explode as Harvey death toll rises
A flooded chemical plant in a small town outside Houston is poised to explode as the scope of the devastation caused by Hurricane Harvey came into sharper focus.
VIDEO: Hurricane Harvey aftermath footage details the destruction
New footage from central Houston shows the full effect of Hurricane Harvey on the Texas city.
Houston floods: ‘We tried buying food but you had to wait an hour just to get into the supermarket’
Ex-pats from Aberdeen who are living in storm-ravaged Houston have said they fear they could run out of food.
Crude surrenders gains as traders assess Harvey storm damage
U.S. gasoline prices rose a sixth day and crude traded near $47 a barrel as traders assessed the risk to refineries and supply before a second hit on Texas from Tropical Storm Harvey.
‘We’re living off frozen pizza – we don’t know when we’ll get to leave’
A north-east couple today told how they have been living off frozen pizza and are stranded 17 floors up after Hurricane Harvey hit.
Private equity firm to buy Calpine in deal valued at $17bn
Calpine executives have said the company's management would stay in place after a takeover by a New Jersey private equity firm.
Despite layoffs, contract workers recruited for local NRG plants
Contract workers are being recruited to help maintain NRG Energy power plants in the Houston area even as the company lays off long-time employees as part of its effort to cut costs, shed debt and return the company to profitability.
Oil bankruptcies slow dramatically this year
The number of North American oil companies shuffling into bankruptcy court has fallen dramatically this year, a new report shows.
Houston-based EnerVest fund now worth almost nothing
Houston private equity firm EnerVest is working to salvage its energy hedge funds that plummeted in value from more than $2 billion during the oil boom to almost nothing after the bust.
Halliburton hiring 100 per month to meet Texas fracking demand
Halliburton has hired about 100 new workers each month this year to keep up with surging demand for fracking in West Texas, a sharp turnaround after the job-killing oil bust.
Falling oil prices could drag on Houston’s economy, again
As oil gets cheaper by the day, Houston's economic prospects grow dimmer.
Exxon’s shale drilling unit XTO to move 1,600 jobs to Houston
XTO Energy, the US shale drilling arm of Exxon Mobil, plans to move 1,600 workers to the Houston area from its Fort Worth headquarter offices starting in mid-2018.
Houston’s Kinder Morgan completes IPO for huge pipeline expansion
Houston’s Kinder Morgan said Tuesday it successfully completed its initial public offering in Canada to raise $1.3 billion in support of its massive Trans Mountain pipeline expansion.
Updated: Wood Group has axed 170 jobs in Houston
Oil services firm Wood Group has axed around 170 jobs in Houston, Texas.
Houston presence can act as a springboard into the Americas, Petrasco boss says
With an increasing number of Scottish firms – perhaps more than ever before – looking to internationalise their business, this year’s Offshore Technology Conference (OTC) promises to be a unique opportunity to network, share knowledge and collaborate with other like-minded people from across the globe.
Industry converting limp into jog, but how long until it sprints?
Those hoping the sector will hit its stride this year need to readjust their expectations, according to Houston's top economist.
Opinion: OTC … a time to celebrate survival and reflect
May marks the annual Offshore Technology Conference in Houston. Greens would of course prefer that the 2017 OTC is the last.
Promoted: Singapore Airlines takes off in Houston
It’s been a busy six months for leading carrier Singapore Airlines after it launched a new non-stop route from Manchester-Houston, announced a Flybe partnership to target the North West and Scottish market, and introduced the latest A350 fleet offering an enhanced passenger experience.
Promoted: Singapore Airlines takes off in Houston
It’s been a busy six months for leading carrier Singapore Airlines after it launched a new non-stop route from Manchester-Houston, announced a Flybe partnership to target the North West and Scottish market, and introduced the latest A350 fleet offering an enhanced passenger experience.
Fifth Aberdeen-Houston gateway welcomes largest international delegation yet
An event celebrating the business links between the north-east and Houston has marked its landmark fifth anniversary by welcoming its largest ever international delegation.
Race to bottom on costs may cause oil to choke on own supplies
Houston hosted two events this week: the nation’s largest energy conference and the town’s famous rodeo. They have more in common than you’d think.
Munro’s bookings are up for the 2017 trip to OTC in Houston
Growing confidence within the Scottish oil and gas industry is driving up bookings for a trip across the Atlantic to the Offshore Technology Conference (OTC) 2017.