The fall of Black Elk Energy
The fall of Black Elk Energy began in New York City nearly a decade ago, with a meeting, a handshake and a loan.
houston
Texas adds 21,000 jobs in November
Texas added nearly 21,000 jobs in November and the unemployment rate fell, the Texas Workforce Commission reported Friday.
Patterson-UTI snaps-up Seventy Seven Energy for $1.42billion
Houston-based Patterson-UTI Energy said it will buy Oklahoma’s Seventy Seven Energy for $1.42 billion as it prepares for the presumed oil recovery.
How did Texas’ oil capital do in the price crash?
Houston’s not the only Texas town to handle the 2-year-old oil price crash better than previous downturns.
Court gives greenlight for Key Energy Services to emerge from bankruptcy
A bankruptcy judge this week approved a reorganization plan for Key Energy Services, which will let the Houston-based oil field services contractor emerge from bankruptcy by the end of this year.
ConocoPhillips to remain in Houston ‘Energy Corridor’ following move
ConocoPhillips has said its plans to leave its current Houston headquarters would not result in a departure from the Energy Corridor district.
ConocoPhillips to move Houston headquarters
ConocoPhillips will move out of its headquarters in Houston's Energy Corridor and relocate its employees elsewhere.
Ducatus bolsters Houston team with two appointments
Global energy industry executive search firm Ducatus Partners has made two senior appointments to help it branch into different sectors.
Noble Energy to cut 60 jobs, mostly in Houston
Noble Energy will reduce its headcount by up to 60 jobs.
EV in Houston: 1,000 job applications later, oilman uses viral OTC story to rebuild
Raul Sanchez has sent his CV a thousand different places.
EV in Houston: How oil has affected the BBQ business
Born and bred Houstonian Richard Cook loves to tell the one about the bullfrog oilman.
EV in Houston: Big oil ditches expensive real estate for juice bars, comfortable at $50
Big oil in Houston is ditching fancy real estate for juice bars, according to KPMG’s new head of its energy and natural resources practice.
EV in Houston: Energy city has hit bottom, says top economist
Houston's top economist has called bottom of the city's energy downcycle.
Opinion: Houston’s ‘Mushy Bottom’
On September 28, the Organization of the Petroleum Exporting Countries (OPEC) announced it had reached a tentative deal to cap production between 32.5 and 33.0 million barrels per day. The agreement would remove 0.5 to 1.0 million barrels from the global market. Commodity traders reacted immediately to the news, boosting the spot price for West Texas Intermediate (WTI) and Brent by $2 per barrel that day. September closed with WTI at $48.24 and Brent at $49.24, nearly double their February lows.
EV in Houston: How Aberdeen’s energy sister city is faring
Aberdeen has long touted its energy twin Houston.
Houston firm cuts engineering jobs on oil slump
IHI has cut jobs at its Houston energy engineering and construction subsidiary this week.
Top Shell news from this week
This week Shell featured in a number of potential changes across the global oil and gas industry.
Low oil forces Shell Houston reshuffle
Shell has made plans to move the bulk of its staff out of its historic Houston base.
Rovop to increase Houston headcount 10% after contract wins
Aberdeenshire-based remotely-operated vehicle (ROV) service provider Rovop will increase its Houston headcount by 10% this year.
BP looking to sell Houston space
BP is said to be planning to put one of its buildings in Houston on the market.
BG Group to cut up to 154 jobs as staff move to Shell’s offices in Houston
BG Group said it will cut at least 154 jobs as the company vacates its headquarters in Houston and moves staff to oil major Shell’s offices.
EnergySys moves ahead with US expansion plans
EnergySys said it will move into the next stage of its US expansion plans.
Texan oil economist warns job prospects not likely to improve quickly
A Texas oil economist has warned job opportunities for workers in the energy sector are not likely to improve.
Investigation after “bomb threat” at ExxonMobil refinery
Investigators were called in after a "suspicious package" was found at an ExxonMobil refinery in the US.
Shell to end sponsorship of Houston Open next year
Oil major Shell is to end its sponsorship of the Houston Open after next year.