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KBR Tower in downtown Houston (AP file photo/Pat Sullivan)

KBR wins Louisiana LNG contract

The Houston-based engineering and construction firm is focusing on opportunities in natural gas as oilfield activity slows.
Categories: Deals, featured, LNG
FlexGen solid state generator operating in the Permian Basin. FlexGen)

Startup seeks to power oil drillers with hybrid energy

A recent infusion of capital helped the company fill the demand for renting its turn-key hybrid power generators.
(AP Photo/Reed Saxon, file)

Gasoline expected to dip below $2 nationwide for Thanksgiving

Gasoline costs also could continue to come down through December, according to GasBuddy, which noted that prices don’t always spike during busy driving weeks.

From space travel to video games, Big Oil pulls tech collaborators from a range of industries

An arsenal of oil and gas gadgets includes a lot of tech that was developed by industry outsiders.
Paal Kibsgaard, chairman and CEO of Schlumberger. (Andrey Rudakov/Bloomberg)

Cameron rebuffed Schlumberger for months in hopes for a better deal

The two firms edged closer to an agreement as oil prices collapsed and wild swings in the stock market darkened the outlook for the oil field services industry.
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.
Pipelines run toward oil storage tanks stand at the Enbridge Inc. Cushing storage terminal in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. (Daniel Acker/Bloomberg)

Enbridge to cut 5 percent of workforce amid slump

Energy infrastructure giant Enbridge said late Monday it will lay off 500 workers and eliminate another 100 unfilled positions as the company looks to cut costs amid the oil slump.
An employees stands for a photograph near wind turbines manufactured by Gamesa Corp. at the Bharat Light & Power Ltd. Amberi wind farms in Rewalkawadi, Maharashtra, India, on Tuesday, Sept. 9, 2014. Prime Minister Narendra Modi's government in July restored a wind-farm tax benefit, which could propel wind installations to a three-year high of 2,600 megawatts in 2014, according to Bloomberg New Energy Finance. Photographer: Dhiraj Singh/Bloomberg

Pattern Energy launches Texas wind farm with Walmart backing

San Francisco-based Pattern Energy, which has its control center and offices in Houston, represents one of the more active players in the Texas wind power surge that has made the Lone Star state the nation’s leader in wind generation.
(Paul O'Driscoll/Bloomberg News)

Shell affiliates are buyers, sellers in $390 million midstream transaction

Shell and other producers have also been using deals that sell some of their pipelines to help raise cash as they struggle with low crude oil prices.