Construction authorized at Freeport LNG
WASHINGTON — Federal regulators on Friday cleared the way for construction at a planned natural gas exporting facility at Quintana Island, Texas. The Federal Energy Regulatory Commission authorized...
View ArticleGE increases oil field equipment job cuts to 575
The move comes after GE notified regulators in January of plans to cut 330 positions in a division acquired in 2013.
View ArticleOil collapse claims 343 more Texas jobs
Two more companies have told state regulators of plans for layoffs in Texas as the global crude collapse continues to batter the oil and gas industry.
View ArticleMaker of chemical plant components opens Pearland plant
Mitsubishi Heavy Industries Compressor International Corp. officially opened its $75 million manufacturing plant in Pearland, where it plans to put the finishing touches on compressors and steam...
View ArticleExterran poaches Houston boss from GE Oil & Gas to head spinoff
Way, the CEO of drilling and surface production for GE in Houston, will become the president and CEO of the unnamed spinoff that is supposed to launch in the third quarter of the year.
View ArticleGE’s Lufkin Industries closing plant, making layoffs
This is the third major job reduction by GE's Lufkin Industries this year and the second and its Foundry plant, which is effectively being closed through this mass layoff, the company said in a letter...
View ArticleGE oil deal offers new model to prevent BP-like crude spills
The agreement represents a new business model for the industry, providing a steady income stream for GE, and decreased risk for the driller, the companies said in a joint statement Monday.
View ArticleHouston energy company closing Texas plant
The gas compression and oil-field equipment manufacturing company said it will cut the jobs in six phases that began March 31 and will end June 30, according to a letter to the Texas Workforce...
View ArticleOil & gas, a Super Bowl party, and a 12-foot-tall meat smoker
Super Bowl Live, the public party on downtown Houston’s Discovery Green, was crammed full of science and technology exhibits over the weekend: A virtual reality game from Royal Dutch Shell. A tower...
View ArticleBaker Hughes trims first quarter losses
The Houston oil field services firm Baker Hughes continued to deeply cut costs and trim losses in the first quarter this year as its revenues fell. Baker Hughes posted $129 million in losses on...
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