Keira Phair, of Westchester, Ohio, holds a rainbow flag during the Cincinnati Pride parade, Saturday, June 27, 2015, in Cincinnati. On Friday, the U.S. Supreme Court ruled that same-sex couples have the right to marry nationwide. (AP Photo/John Minchillo)

Oil and gas companies score low on LGBT workplace equality

Only two oil and gas companies — California-based Chevron Corp. and Houston-based Shell Oil Co. — scored perfect scores out of a record-breaking 407 businesses that received top “100” scores. A few power, utility and chemical companies also received perfect scores. Many energy companies scored low or outright refused to participate.
Map of Shell prospects in the Gulf of Mexico. (Shell)

Shell finds 100 million oil barrels in deep-water Gulf discovery

Royal Dutch Shell has drilled its longest-ever well and found 100 million barrels of oil equivalent buried at one of its recent deep-water discoveries in the Gulf of Mexico, the company said Wednesday.
(Jerry Lara/San Antonio Express-News)

Dallas Fed CEO says crude glut could persist until 2017

The state’s unemployment rate at 4.3 percent remains well below the 5 percent national average, even as oil and gas companies curtail spending plans and shrink their payrolls.
A worker passes by an Air Liquide logo at the Air Liquide hydrogen plant in Port Jerome, France, on Friday, July 24, 2009. The company announces its earnings next week. Photographer: Fabrice Dimier/Bloomberg

Air Liquide Americas CEO: $10 billion price tag for Airgas is “appropriate”

The French company just moved into its new two-building Air Liquide Center in October in Houston’s Memorial City to serve as its Americas headquarters.
(AP Photo/Pat Sullivan, File)

Regulators approve Schlumberger’s bid for Cameron

The U.S. Department of Justice found that the transaction did not violate antitrust laws, and cleared the proposed merger without any conditions.
Wind turbines stand in this aerial photograph taken above the Haengwon Wind Farm in Jeju, South Korea, on Sunday, June 28, 2015. South Korea’s 15 trillion won ($13.3 billion) extra budget will channel money to the medical and tourism sectors as the Park administration seeks to cushion the impact of a deadly respiratory disease. Photographer: SeongJoon Cho/Bloomberg

GE launches new renewable energy business

The new business unit is heavily focused on wind power and turbine manufacturing.
(Chris Ratcliffe/Bloomberg)

BP looks to sell Alabama petrochemical complex

BP said it is focusing more on world-scale, low-cost facilities that utilize BP proprietary technology.
In this April 15, 2009, file photo, an unidentified worker passes a truck owned by Halliburton at a remote site for natural-gas producer Williams in Rulison, Colo. Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock deal worth $34.6 billion. The deal comes shortly after talks had stalled and Halliburton prepared to go hostile with its takeover bid. (AP Photo/David Zalubowski, File)

Reports: Halliburton plant in the Panhandle a total loss after tornado

The sprawling facility sustained extensive damage from a tornado that ripped through the Pampa area, a Gray County sheriff’s deputy said.
(Jeff Kowalsky/Bloomberg News)

Marathon ups “final offer” for MarkWest, bringing deal to $1.28 billion

The move Tuesday comes just a week after Marathon offered a separate $400 million cash sweetener to the deal that has faced some investor resistance and tumbling stock values for both Marathon’s acquiring entity, the MPLX pipeline spinoff, and MarkWest. Former MarkWest CEO John Fox has rallied opposition against the deal.
Equipment is housed at National Oilwell Varco's distribution center in La Porte, Texas. (NOV)

Job losses continue across Texas as services firms cut back

Oil field services companies reeling from the worst downturn in years continued hemorrhaging jobs this week as three providers announced plans to chop nearly 400 jobs in Houston and across the state amid an oil rout that shows no signs of abating.