Posts filtered on Tag

Houston

Linn Energy execs ring closing bell at Nasdaq

Linn Energy among hardest hit E&Ps on Wall Street

on
Jeff Tillery, Houston-based managing director and head of research at Tudor, Pickering, Holt & Co., said Linn’s dip in value made sense because the large offering coincided with a bad day for oil prices.
Process Technician, Eric Gazda, walks in front of the Vinyl Acetate Unit at the Celanese Corp. plant in Pasadena. (Michael Paulsen/Houston Chronicle)

Furmanite CEO touts progress, profits after vitriolic proxy battle

on
Although CEO John Milliron said he is not satisfied with the first-quarter results, he said the company performed relatively well considering the proxy battle, low oil prices, the U.S. Steel Workers strike and a March 7 fire at Furmanite’s United Kingdom operations.
asia-society-texas-center

World-class works at galleries and museums are shining examples of Houston’s energy

on
Houston isn’t just an energy capital; it’s one of America’s great art cities, with a scene that’s ever changing.
Vicki Hollub on Tuesday was named as Occidental Petroleum CEO Stephen Chazen's replacement after he steps down later this year. (Occidental)

Houston-based Occidental names Vicki Hollub to top job

on
Occidental Petroleum executive Vicki Hollub will succeed CEO Stephen Chazen when he retires no later than next year.
(Photo: The Prundent Cyclist, Flickr)

OTC: Need to seal a deal? Belly up to the bar

on
Here’s a sampler of some of Houston’s most popular watering holes, ranging from iconic icehouses to classic cocktail bars.
Kinder Morgan CEO Richard Kinder speaks at the 2015 CERAWeek conference in Houston. (Billy Smith/Houston Chronicle)

Richard Kinder at CERAWeek: Industry hides from public “like we’re selling cigarettes”

on
Kinder said in an interview that oil and gas leaders hadn’t done enough to show how important the industry is
(Nabors)

Nabors has laid off thousands in 2015, including more than 40 percent of its drilling unit employees

on
The firm booked a $123.6 million profit in the first quarter, or 43 cents a share, up from $50 million, or 17 cents a share, in the same period the year before.
cera_dudley

CERAWeek: BP CEO says don’t expect wave of energy mergers yet

on
BP CEO Bob Dudley says he doubts there will be a surge of corporate consolidation in the energy industry – effectively a repeat of the mega deals in late-1990s bust that created mammoth oil firms – unless oil prices stay low for long.
Jim Burkhard, CERAWeek vice chariman. (CERAWeek On Demand)

CERAWeek: U.S. and Wall Street take over OPEC’s role as global swing producer

on
Financial markets underpinning the U.S. shale boom have emerged as the world’s de facto regulator of global oil production, taking over from the Saudi Arabia-led cartel of crude exporting nations that abdicated its decades-old role in November, a top IHS researcher said Monday.
(AP Photo/Brennan Linsley)

Schlumberger CEO lays out his plan to weather the crude crash

on
The growing re-fracturing business is one that could boost Schlumberger’s suffering bottom line amid tumbling commodity prices.