Category: People

Solar panels become a cash cow for some Texans

Despite Houston’s sweltering heat, Grady Hill hasn’t paid an electric bill since 2009.  More »

Bloomberg: How to fix the energy crisis?

Bloomberg Businessweek recently asked six energy gurus: How can America fix our fuel and energy problems? The experts, including T. Boone Pickens, had some interesting opinions about the future energy.  More »

Peabody, steelmaker bid rejected by Macarthur holders

Australian miner Macarthur Coal Ltd. on Monday rejected a $5.2 billion takeover bid by U.S energy giant Peabody Energy Corp. and steelmaker ArcelorMittal as “opportunistic,” but the bidders will take their offer directly to shareholders.  More »

Kansas ranchers selling oil rights for big profits

An oil rush is occurring along the Kansas-Oklahoma border, where residents are seeing fierce bidding wars and receiving some of the highest prices in recent history for the oil lease rights for their properties.  More »

BP seeks tossing of spill-linked suits against managers of retirement plan

BP Plc (BP/) employees shouldn’t be allowed to sue the company’s retirement savings plan managers for investing too heavily in BP stock, because the workers chose to invest in those shares, company lawyers said.  More »

ConocoPhillips to name CEOs of two new companies before year end

But CFO Jeff Sheets offered no hints about possible successors to current CEO Jim Mulva, who plans to retire once the separation is complete by mid next year.  More »

Hit may have caused Wyo. pipeline rupture

The company that owns a Wyoming gas pipeline that ruptured last week believes something hit the pipeline.  More »

Loren Steffy: Top-paid execs draw deeply from oil profit well

Oh, to be an oil company CEO in a time of rising energy prices. They can almost feel their wallets filling up. The Chronicle’s annual survey of executive pay was dominated by oil company executives such as James Hackett, the head of Anadarko, who got a…  More »

Which Houston executives makes the most? Find out here

Search for details on executives at publicly held companies based in Houston or with major operations here, based on total compensation in 2010.  More »

Repatriation tax rate of 25% planned by Nev. Democrat Berkley

Representative Shelley Berkley, a Nevada Democrat, is the latest lawmaker to consider legislation allowing multinational companies to send offshore profits to the U.S. at a reduced tax rate.  More »

Compensation for Houston top executives gushes higher

Executive pay packages surged in 2010, as Houston’s largest companies started recovering from the recession and rewarded their leaders with big cash bonuses and valuable stock awards.  More »

A shareholder say on pay can bring a nay

The pay packages that have made Nabors Industries executives perennial top earners in Houston drew a thumbs down from shareholders under regulations that let them go on the record about executive pay.  More »
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