Quid pro quo? Texas Republican suggests feds went easy on BP
Texas Rep. Louie Gohmert today suggested that the Obama administration turned a blind eye toward BP’s safety problems before the Gulf oil spill because the company promised to support White-House backed climate change legislation and the 2010 health care law. More »
Deep water draws more GE dollars to Houston
Manufacturing behemoth General Electric is ramping up investment in the energy sector and expanding its Houston footprint, with an eye on the global deep-water drilling boom. More »
25 Houston-area company make Fortune 500 list
Fortune Magazine released its list of the 500 richest companies in America, and it’s no surprise that several Houston-area companies made the list. More »
Electric vehicles’ carbon footprint depends on the state
Electric vehicles are not the most climate-friendly car choice in a vast majority of states, including in Texas, according to a new report. More »
First Solar restructuring leads to loss of $449M
A shakeout that is rattling the solar panel industry has sent First Solar, once among the industry’s biggest and strongest companies, to a big quarterly loss. More »
BP system to cap wells able to get there by air
Sitting at a construction yard along Houston’s Ship Channel is a 35-foot-tall, 100-ton hunk of steel that its owners hope never to use. More »
Valero CEO says gas prices likely have peaked
The Eagle Ford shale formation will put out 500,000 barrels of crude oil a day by the end of the year, Valero Energy Corp. (VLO) Chief Executive Officer Bill Klesse said after the company’s annual meeting in San Antonio. More »
Steffy: Energy industry thin skinned
The Offshore Technology Conference is like a big choir with a rotating roster of preachers. Few sour notes are heard. More »
OTC wraps up after drawing largest crowd in 30 years
Offshore Technology Conference attendees came, they displayed, and at 2 p.m. Thursday afternoon, they packed up and went home. More »
OTC event gives high schoolers a look at the industry
The group of 25 or so high school students stopped to examine a model of a jack-up rig at the Cameron booth at the Offshore Technology Conference. More »
ROV intrigues as OTC winds down
As the exhibition at the Offshore Technology Conference came to a close, a massive subsea device with cameras and robotic arms was still commanding an audience on Thursday afternoon. More »
Gazprom executive taps OTC to share ideas
Evgeny Yadryshnikov of Gazprom International talked about attending the conference. Edited excerpts follow. More »
There's a lot more to Houston than OTC. Find out where to eat, drink and play. Read more »
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