Category: People

Hundreds more Houston-area jobs cut as oil-equipment demand falls

Falling oil prices have prompted businesses affiliated with the the energy industry to announce more than 400 job cuts in the Houston area as demand for their products and services falls.  More »

A former EPA lawyer has been tapped to lead U.S. refiners’ top lobbying group

The hire suggests the American Fuel and Petrochemical Manufacturers trade association is preparing for big battles on biofuel mandates, crude-by-rail rules and oil exports.  More »

BP CEO’s pay package jumps 25 percent

BP CEO Bob Dudley’s total take home jumped 25 percent last year, though his annual cash bonus was trimmed by more than half, according to regulatory filings released Tuesday.  More »

A victim of the industry downturn asks for advice

This week I answer a reader email from someone who has unfortunately been caught up in the industry’s reaction to plunging oil prices.  More »

Think all Millenials are entitled? Meet these two

You know the story: “kids these days, they are SOOOO lazy. All they want to do is tweet and overshare; if they’d actually do some real work they’d get somewhere and they could stop complaining about how the world is so cruel to them!”.  More »

Transocean CEO steps down

The CEO of offshore driller Transocean has stepped down effective Monday under a “mutually agreed” decision between him and the board.  More »

Local union chapter and refiners far from deal, says union official

The gulf between local chapters of the union and Houston employers could complicate a deal to end the national strike that has had Steelworkers’s members picketing nine chemical plants and refineries across the U.S., five of which are in Houston.  More »

Enterprise Products profit slips slightly

Enterprise Products Partners L.P. said fourth-quarter net income fell slightly in 2014 compared to the same period last year.  More »

Apache taps new CFO as exiting CEO gets hefty retirement package

Apache abruptly announced longtime CEO G. Steven Farris’ retirement this week.  More »

Big and small picture insights from the week of one oil & gas young professional

After a trip to Denver to visit my client last week, I look back with mixed feelings: a great, great few days for me personally where I came away feeling that I am absolutely on the right career path, but another bad week for the industry, which looks like it must prepare for a downturn that won’t end soon.  More »

Oil group to focus on midstream issues

The American Petroleum Institute’s decision to create a new midstream department focusing on that segment of the oil and gas industry follows the lead of regulators, executives and environmentalists who also are increasingly involved in energy infrastructure.  More »

Continental CEO’s ex-wife cashes $1 billion check, his lawyer says

Oklahoma fracking billionaire Harold Hamm’s ex-wife cashed a check he sent her to cover the almost $1 billion awarded as alimony in their divorce, his lawyer said.  More »

One oil & gas young professional’s look back at 2014

Time is going to pass anyways, so you may as well put in the work now, and – much faster than you realize it – you will get to reap the spoils.  More »

If at first you don’t succeed…

I don’t care how long it takes me, I WILL pass this test. In fact, I won’t just pass it, I’ll crush it, chop it up, drop a bomb on it and bury it.  More »

Ocean energy bureau gets new director

Abigail Hopper, a Maryland energy regulator and veteran of fights over offshore wind farms, will be the top federal official in charge of oil and gas drilling along the nation’s coastlines.  More »
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