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Laura Goldberg

FILE - This Oct. 18, 2007, file photo, shows a Schlumberger logo on a tower at the entrance to Schlumberger's Sugar Land, Texas campus. Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when the country's relations with the West are under strain and as energy prices hit multiyear lows, according to reports, Tuesday, Jan. 20, 2015. (AP Photo/Pat Sullivan, File)

Schlumberger to buy Cameron in multibillion-dollar deal

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The slump in oil prices over the past year has forced oil company cutbacks, hitting the services industry that caters to it.
Cobalt International Energy used the Petroserv SSV Catarina Rig to drill the Lontra #1 discovery well off the coast of Angola.  (Cobalt International Energy)

Cobalt’s CFO resigns

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Cobalt International Energy, after the close of the market Tuesday, announced its chief financial officer is leaving “to pursue other interests.”
A striking United Steelworker Union member picketing outside the the Shell Deer Park Refinery Sunday, Feb. 1, 2015, the fist day of the strike.
( James Nielsen / Houston Chronicle )

Shell reveals what it says is the sticking point in labor talks

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The central issue blocking a settlement is not safety, fatigue, healthcare or wages, the statement said.
At the Motiva Port Arthur refinery on Saturday, Feb. 21, 2015.  (Mike Tobias/The Enterprise)

Steelworkers strike expands to Port Arthur and beyond

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The United Steelworkers union has expanded its strike to the Motiva Enterprises refinery in Port Arthur.
Steven L. Newman, president and chief executiver officer of Transocean Ltd., testifies on Capitol Hill about the oil leak in the Gulf of Mexico in Washington, D.C., U.S., on Thursday, May 27, 2010. (Photographer: Brendan Hoffman/Bloomberg News)

Transocean CEO steps down

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The CEO of offshore driller Transocean has stepped down effective Monday under a “mutually agreed” decision between him and the board.
An Enterprise fractionator at its Mont Belvieu complex. (Enterprise Products Partners photo)

Enterprise Products gets new general counsel

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The Houston-based midstream company’s general counsel and corporate secretary, Stephanie Hildebrandt, is leaving to join Norton Rose Fulbright, while Craig Murray, a Vinson & Elkins corporate partner in Houston, has been hired to replace her.
dollar falling graph

WTI to average $63 a barrel next year, feds predict

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The price for U.S. benchmark oil is $15 lower than in last month’s report.
ConocoPhillips CEO Ryan Lance speaks to reporters after the company's annual meeting in May at the Omni Hotel in West Houston.  (Collin Eaton/Houston Chronicle)

ConocoPhillips cutting capital spending by 20 percent

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The cut reflects lower spending on major projects, several of which are nearing completion.
Malaysia's landmark Petronas Twin Towers (TEH ENG KOON/AFP/Getty Images)

Production starts at natural gas development in Malaysia

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Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017.
(Photo: freegreatpicture.com)

Porter Hedges expands energy practice to Oklahoma

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Houston’s Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas.