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Laura Goldberg

Vicki Hollub on Tuesday was named as Occidental Petroleum CEO Stephen Chazen's replacement after he steps down later this year. (Occidental)

Incoming Occidental CEO gets promotion

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Vicki Hollub, set to become the CEO of Houston’s Occidental Petroleum next year, has been named the company’s president and chief operating officer.
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USD Partners buying oil rail terminal for $225 million

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Houston’s USD Partners will spend $225 million to buy a crude-to-rail loading terminal and related assets in Casper, Wyoming.
(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.